Aerospace & DefenseCommodities

US Dollar Soars Against Iraqi Dinar in Baghdad and Erbil Amid Stock Exchange Closure

2025-01-29T13:47:26+00:00

Recent market trends indicate a rise in the value of the US dollar against the Iraqi dinar, particularly in Baghdad and Erbil, following the closure of the stock exchange.

Reports indicate that, with the conclusion of trading at the main commercial locations in Baghdad, the price of the dollar has increased to 150,100 dinars for every 100 dollars. This marks a notable rise from the morning rate of 149,900 dinars for the same amount.

Furthermore, local banking institutions in Baghdad have seen stable selling prices, with the current selling rate set at 151,000 dinars for 100 dollars, while the purchase price stands at 149,000 dinars per 100 dollars.

In Erbil, the upward trend continues, as the sale price has reached 150,200 dinars for 100 dollars, with a purchase rate of 150,100 dinars for the same amount.

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