Banking and FinanceCurrencies

US Dollar Sees Mild Increase in Baghdad and Erbil Markets

The US dollar experienced a modest increase in exchange rates this Sunday morning across the markets of Baghdad and Erbil, the capital of the Kurdistan Region.

Recent reports indicate that dollar prices have risen within the Al-Harithiya and struggle stock exchanges, registering at 148,400 Iraqi dinars for 100 dollars, up from 148,350 dinars for the same amount on Saturday morning.

In the banking sector of Baghdad’s local markets, the selling prices have remained stable, with the sale price set at 149,500 Iraqi dinars for 100 dollars and the purchase price at 147,500 dinars for 100 dollars.

Similarly, in Erbil, the dollar saw an uptick as well, with the sale price reaching 148,150 dinars per 100 dollars and the purchase price at 148,000 dinars for the same amount.

Location Sale Price (IQD for 100 USD) Purchase Price (IQD for 100 USD)
Baghdad – Al-Harithiya 148,400 147,500
Baghdad – Banking Sector 149,500 147,500
Erbil 148,150 148,000

This upward trend in the dollar exchange rate reflects ongoing fluctuations in the local economic landscape, worth monitoring for its potential implications on trade and investment within the region.

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