Market Overview: US Dollar Exchange Rates in Baghdad and Erbil
The currency markets in Baghdad have experienced an uptick in US dollar exchange rates, while Erbil, the capital of the Kurdistan Region, has witnessed a stable pricing environment. As of Wednesday evening, trading on the stock exchanges in Baghdad, particularly Al-Harithiya and the struggle exchange, concluded with notable changes.
Baghdad Exchange Rates
According to reports, the exchange rate for the US dollar in Baghdad rose to 148,450 dinars per 100 dollars, an increase from 148,200 dinars noted earlier in the day. This escalation reflects the dynamics of the capital’s economic landscape as trading closed.
Additionally, the banking offices within Baghdad reported elevated dollar prices, with the sale rate reaching 149,500 dinars per 100 dollars and the purchase price set at 147,500 dinars.
Erbil Exchange Rates
In contrast, the exchange rates in Erbil have remained steady. The sale price of the US dollar is recorded at 148,050 dinars per 100 dollars, while the purchase price stands at 147,950 dinars.
Summary of Exchange Rates
| Location | Sale Price (Dinars) | Purchase Price (Dinars) |
|---|---|---|
| Baghdad | 149,500 | 147,500 |
| Erbil | 148,050 | 147,950 |
As the financial landscape continues to evolve, monitoring these fluctuations remains crucial for businesses and investors engaged in the Iraqi market.