Dollar Exchange Rates Experience Decline in Baghdad
In recent trading sessions, the dollar has seen a reduction in value, coinciding with the closure of the two primary stock exchanges in Baghdad—the Struggle and Al-Harithiya exchanges. The current exchange rate has settled at 150,500 Iraqi dinars for $100.
In the local banking sectors, the selling price for the dollar now stands at 151,500 dinars per $100, while the purchase price is recorded at 149,500 dinars for $100.
This recent dip in exchange rates signifies notable fluctuations in the Iraqi currency landscape, reflecting ongoing economic developments within the region.
| Transaction Type | Amount (in Dinars) | Amount (in USD) |
|---|---|---|
| Selling Price | 151,500 | 100 |
| Purchase Price | 149,500 | 100 |
| Current Exchange Rate | 150,500 | 100 |
Continued observation of these trends is essential for businesses and investors engaged in the Iraqi market, as they navigate the implications of fluctuating currency rates.
