Decline in Dollar Exchange Rates in Baghdad and Erbil
The exchange rates for the U.S. dollar in Iraq’s capital markets experienced a notable decrease on Tuesday evening, coinciding with the closure of the stock exchange in Baghdad.
According to market reports, the dollar value fell after the closure of the Al-Harithiya and Al-Mansour stock exchanges, where the exchange rate was documented at 148,600 dinars per 100 dollars, a reduction from the earlier rate of 149,000 dinars recorded in the morning.
In local markets throughout Baghdad, the dollar’s selling price reached 149,500 dinars per 100 dollars, while the purchasing price was reported at 147,500 dinars.
Similarly, in Erbil, the dollar also saw a downturn, with sales pricing at 148,150 dinars per 100 dollars and a purchasing price of 148,050 dinars.
| Market Location | Selling Price (Dinars) | Purchasing Price (Dinars) |
|---|---|---|
| Baghdad | 149,500 | 147,500 |
| Erbil | 148,150 | 148,050 |
As the economic landscape evolves, market participants remain attentive to fluctuations in exchange rates and their implications for local economic conditions.
