Economy Update
Dollar prices experienced an uptick in the Baghdad markets and in Erbil, the capital of the Kurdistan Region, on Thursday, coinciding with the closure of the stock exchange as the week comes to an end.
Following the closure of the Al-Harithiya and Al-Taqaddum stock exchanges, the dollar exchange rate reached 148,100 Iraqi dinars for every 100 dollars, an increase from 147,900 dinars earlier in the day.
In Baghdad’s local banking sector, selling prices remained closely aligned, with the current sale price hitting 149,000 Iraqi dinars for 100 dollars, while the purchase price stood at 147,000 dinars for the same amount.
Erbil also saw a rise in dollar prices, where the prevailing sale price was 147,700 dinars for 100 dollars, and the purchase price was 147,600 dinars for that same amount.
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