Dollar Prices Decline in Baghdad and Erbil Markets
In a recent market session, the value of the US dollar experienced a decrease against the Iraqi dinar in Baghdad and Erbil, the capital of the Kurdistan Region, coinciding with the closure of the stock exchange.
The dollar’s value declined as trading ceased on the two primary stock exchanges, resulting in a rate of 150,200 dinars for 100 dollars. This marks a reduction from earlier in the day, when the rate was recorded at 150,250 dinars for the same amount.
In Baghdad’s local markets, the selling prices in banking establishments remained stable, with the sale price set at 151,250 dinars for 100 dollars, while the purchase price stood at 149,250 dinars for the same amount.
Summary of Dollar Prices
| Transaction Type | Amount (in Dinars) | Amount (in USD) |
|---|---|---|
| Current Selling Price | 151,250 | 100 |
| Current Purchase Price | 149,250 | 100 |
| Previous Morning Rate | 150,250 | 100 |
| Current Rate (Post-Close) | 150,200 | 100 |
This shift in the dollar price reflects ongoing trends within the local economy and highlights the fluctuations typical in currency exchange markets.
