Exchange Rates Stabilize in Baghdad and Erbil
In the Iraqi capital of Baghdad and the Kurdistan region’s capital, Erbil, the exchange rates for the US dollar have shown stability. This trend follows the closure of the stock exchanges this evening.
Baghdad Market Overview
In Baghdad, the exchange rates remained consistent at the closing of the Al-Harithiya and other local stock exchanges, with the rate recorded at 148,800 dinars for every 100 dollars—matching the figures from earlier in the day.
The local market prices displayed similar steadiness. The selling price settled at 149,750 Iraqi dinars for 100 dollars, while the purchase price stood at 147,750 dinars for the same amount.
Erbil Market Dynamics
Erbil also demonstrated stable dollar exchange rates. The selling price reached 148,800 dinars per 100 dollars, and the purchase price was slightly lower at 148,600 dinars for 100 dollars—consistent with the earlier morning rates.
Summary of Exchange Rates
Location | Selling Price (per 100 USD) | Purchase Price (per 100 USD) |
---|---|---|
Baghdad | 149,750 | 147,750 |
Erbil | 148,800 | 148,600 |
This steadfast exchange rate environment reflects ongoing trends in both markets, highlighting the need for stakeholders to remain informed as global economic conditions evolve.