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US Dollar Climbs Against Iraqi Dinar Amid Stock Exchange Closure

US Dollar Prices Rise Against Iraqi Dinar

On Wednesday, the US dollar appreciated in value against the Iraqi dinar in both Baghdad and Erbil, coinciding with the closure of the stock exchange.

According to reports, the dollar’s price surged at the conclusion of trading on the main struggles and Al-Harithiya stock exchanges in Baghdad, reaching 150,300 dinars for every $100. This represents an increase from the morning’s rate of 150,200 dinars for the same amount.

In the local banking markets of Baghdad, selling prices also saw a rise, with the sale price for $100 set at 151,500 dinars, while the purchase price stood at 149,500 dinars.

In Erbil, the trend mirrored that of Baghdad, with the dollar’s sale price hitting 150,150 dinars for $100, and the purchasing price at 150,050 dinars for the same amount.

Summary of Dollar Pricing

City Sale Price (IQD) Purchase Price (IQD)
Baghdad 151,500 149,500
Erbil 150,150 150,050
Stock Exchanges 150,300 (for $100) 150,200 (morning rate)

The currency fluctuations underscore ongoing economic dynamics in the region, reflecting broader trends impacted by market activities and local demand.

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