Dollar Exchange Rates in Iraqi Markets
The exchange rates for the US dollar experienced a decline today, Thursday, against the Iraqi dinar in the Iraqi financial markets, coinciding with the opening of the central exchange in Baghdad.
On the struggle and Al-Harithiya stock exchanges, the price of the dollar reached 150,000 dinars for $100. This figure shows a slight decrease from Wednesday morning, when the rate was recorded at 150,200 dinars for $100.
In addition, the local banking outlets in Baghdad reported a decrease in selling prices. The current selling price stands at 150,250 Iraqi dinars for $100, while the purchase price is set at 149,750 dinars for $100.
This fluctuation in exchange rates highlights the ongoing dynamics within the Iraqi financial landscape. Analytical scrutiny of these rates is crucial for stakeholders navigating the intricacies of the market.
| Currency | Selling Price (IQD) | Purchase Price (IQD) |
|---|---|---|
| $100 | 150,250 | 149,750 |
Given these developments, market participants should remain vigilant and adapt their strategies accordingly in response to the shifting economic environment.
