Exchange Rate Update: Dollar Strengthens Against Dinar
On Thursday, the Iraqi dinar experienced a depreciation against the US dollar in Baghdad’s markets, coinciding with the closure of the local stock exchanges.
As the trading day concluded at the Al-Harithiya and Al-Shuhada exchanges, the value of the dollar climbed to 150,300 dinars for every 100 dollars, rising from the morning’s rate of 150,250 dinars for the same amount.
In the banking sector, exchange rates remained stable in the capital’s local markets. The selling price was noted at 151,250 dinars per 100 dollars, while the purchasing price stood at 149,250 dinars for the same amount.
| Transaction Type | Rate (Dinars per 100 USD) |
|---|---|
| Selling Price | 151,250 |
| Purchasing Price | 149,250 |
| Close Rate | 150,300 |
| Morning Rate | 150,250 |
This movement in exchange rates reflects continued fluctuations in Iraq’s financial landscape as the country navigates its economic policies and market conditions.
