Dollar Prices Rise in Baghdad Markets Following Stock Exchange Closure
Recent financial activities in Baghdad indicate a notable increase in the price of the U.S. dollar, coinciding with the conclusion of the week’s trading sessions on local stock exchanges.
As the struggle and Al-Harithiya stock exchanges closed, the dollar’s valuation surged to 148,100 Iraqi dinars for every $100, reflecting an upward trend from the earlier rate of 147,900 dinars for the same amount observed earlier that day.
In terms of local banking operations, the sale and purchase rates in Baghdad’s banking sector remained stable. The selling price was recorded at 149,000 Iraqi dinars for $100, while the purchasing rate stood at 147,000 dinars for the same amount.
Summary of Current Dollar Pricing in Baghdad:
| Transaction Type | Amount (USD) | Price (Iraqi Dinars) |
|---|---|---|
| Selling | 100 | 149,000 |
| Purchasing | 100 | 147,000 |
| Market Closure | 100 | 148,100 |
This recent fluctuation highlights the dynamic nature of currency exchange in Iraq’s financial markets and may have broader implications for the economy as monetary policies evolve.
