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Dollar Prices Drop in Baghdad, Stabilize in Erbil Markets

Dollar Price Dynamics in Baghdad and Erbil Markets

On Saturday, dollar prices experienced a decline in both Baghdad and Erbil, the capital of the Kurdistan Region, aligned with the close of trading on local stock exchanges.

According to market sources, the price for the dollar dropped to 150,400 Iraqi dinars for 100 dollars, down from 150,500 dinars earlier in the day. This decrease occurred as the stock exchanges in Al-Harithiya and other areas concluded trading activities.

In Baghdad’s banking sector, the selling prices remained relatively stable, with the sale price recorded at 151,500 dinars for 100 dollars, while the purchase price was noted at 149,500 dinars for the same amount.

Erbil Market Stability

Contrastingly, the dollar prices in Erbil showed stability, maintaining a sale price of 150,250 dinars for 100 dollars, with a corresponding purchase price of 150,150 dinars for the same quantity.

Summary of Dollar Prices

Market Sale Price (per 100 USD) Purchase Price (per 100 USD)
Baghdad 151,500 149,500
Erbil 150,250 150,150
Overall 150,400

This recent fluctuation in dollar prices highlights ongoing trends within the local economy and reflects the broader financial landscape affecting currency exchange rates in the region.

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