The Iraqi dinar experienced a downturn in the Baghdad market and Erbil, capital of the Kurdistan Region, on Saturday, as trading at the stock exchange was suspended at the start of the week.
According to market analysis, the decline in dollar prices coincided with the closure of the Struggle and Al-Harithiya stock exchanges, resulting in a rate of 147,850 Iraqi dinars for every $100. This reflects a drop from the morning’s pricing of 148,500 dinars per $100.
In Baghdad’s local banking sector, selling prices also saw a reduction, with the current sale price standing at 148,750 Iraqi dinars for $100, while the purchase price was set at 146,750 dinars for the same amount.
Similar trends were observed in Erbil, where the selling price for the dollar was noted at 147,300 dinars per $100, alongside a purchase price of 147,200 dinars for the equivalent of $100.
| Location | Selling Price (IQD per $100) | Purchase Price (IQD per $100) |
|---|---|---|
| Baghdad | 148,750 | 146,750 |
| Erbil | 147,300 | 147,200 |
