Currencies

US Dollar Sees Drop in Baghdad and Erbil Markets Today

US Dollar Exchange Rates Decline in Baghdad and Erbil

The exchange rates for the US dollar experienced a decline this morning, Wednesday, in both Baghdad and Erbil, the capital of the Kurdistan Region.

Dollar Rates in Baghdad

According to market reports, the dollar prices fell at the Al-Harithiya and struggle stock exchanges in Baghdad, where the rate hit 147,800 Iraqi dinars for every 100 dollars. This marks a decrease from the previous morning’s rate of 148,200 dinars.

Furthermore, in local banking establishments throughout Baghdad, the selling prices have adjusted, with the sale price now at 149,000 dinars and the purchase price at 147,000 dinars for every 100 dollars.

Dollar Rates in Erbil

In Erbil, the dollar also saw a downward adjustment. The selling price reached 147,650 dinars per 100 dollars, while the purchase price was recorded at 147,550 dinars for the same amount.

Summary of Exchange Rates

Location Selling Price (per 100 USD) Purchase Price (per 100 USD)
Baghdad 149,000 dinars 147,000 dinars
Erbil 147,650 dinars 147,550 dinars

In conclusion, the fluctuations in the US dollar exchange rates reflect ongoing market dynamics in both Baghdad and Erbil, highlighting the continuing evolution of Iraq’s economic landscape.

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