Dollar Exchange Rates Rise in Baghdad and Erbil
Current Trends in Currency Exchange
This morning, the exchange rates for the US dollar experienced an upward trend in Baghdad, as well as in Erbil, the capital of the Kurdistan Region. The rise is noteworthy in the context of the ongoing fluctuations in the currency market.
Market Observations
In the Baghdad stock exchanges, specifically at the Al-Harithiya and Struggle exchanges, the price of the dollar climbed to 150,300 Iraqi dinars for every $100. This marks an increase from the previous Thursday, where the exchange rate stood at 150,250 dinars for the same amount.
Banking Sector Prices
In the local banking sector of Baghdad, selling prices remained steady. The sale price was recorded at 151,250 dinars for every $100, while the purchase price reached 149,250 dinars for the same amount. This stability in the banking stores indicates a measured response to the current fluctuations in the market.
| Exchange Type | Price (Iraqi Dinar for $100) |
|---|---|
| Struggle/Al-Harithiya Exchanges | 150,300 |
| Previous Thursday Rate | 150,250 |
| Banking Sale Price | 151,250 |
| Banking Purchase Price | 149,250 |
This increment in dollar pricing reflects the broader economic conditions and trends affecting the Iraqi currency market, warranting close monitoring by investors and stakeholders alike.
