Dollar Exchange Rates on the Rise in Baghdad Markets
The exchange rates for the U.S. dollar against the Iraqi dinar experienced an increase today, Monday, coinciding with the closure of the local stock exchanges.
As of this morning, the dollar was trading at 147,700 dinars per 100 dollars. However, with the cessation of trading activities at the Al-Harithiya and other stock exchanges, the rate surged to 148,700 dinars per 100 dollars.
In the banking sector, the selling prices for the dollar in Baghdad’s local markets also saw an uptick. The selling rate reached 149,750 dinars for 100 dollars, while the purchasing rate was recorded at 147,750 dinars for the same amount.
To illustrate the current exchange rates in a clear format, please see the table below:
| Currency Pair | Rate (Dinars) |
|---|---|
| Dollar Selling Price | 149,750 |
| Dollar Buying Price | 147,750 |
| Previous Morning Rate | 147,700 |
| Current Rate | 148,700 |
The fluctuations in currency exchange rates underscore the dynamic nature of the Iraqi market amid ongoing economic challenges.
