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Dollar Exchange Rates Drop in Baghdad: A Significant Shift in Iraq’s Currency Market

Dollar Exchange Rates Experience Decline in Baghdad

In a development that highlights fluctuations in the currency market, the exchange rates for the US dollar noted a decrease in Baghdad today.

According to local financial sources, the dollar saw a drop on both the struggle and Al-Harithiya stock exchanges, now priced at 150,100 Iraqi dinars for every $100.

Furthermore, dynamics within the banking sector reflected this downward trend, with selling prices in Baghdad’s local markets declining. The current selling rate has reached 151,000 Iraqi dinars for $100, while the buying price stands at 149,000 dinars.

Transaction Type Amount (in Iraqi Dinars) Amount (in USD)
Selling Price 151,000 $100
Buying Price 149,000 $100

This development demonstrates the volatility within the currency exchange landscape in Iraq, as traders and consumers adjust to ongoing economic conditions.

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