US Dollar Exchange Rates Update: Stability in Baghdad, Decline in Erbil
This morning, the exchange rate of the US dollar remained stable in Baghdad’s markets, while it experienced a decrease in Erbil, the capital of the Kurdistan Region.
In Baghdad, the dollar rates maintained consistency on both the Al-Masal and Al-Harithiya stock exchanges, recording at 148,350 Iraqi dinars for $100. These figures reflect the same rates observed last Thursday morning.
The correspondent reported that in local banking markets in Baghdad, the selling price for the dollar was set at 149,500 Iraqi dinars for $100, with a purchase price at 147,500 dinars for the same amount.
Conversely, in Erbil, a decline in the dollar’s value was noted, where the selling price reached 148,000 dinars per $100, while the purchase price stood at 147,800 dinars for $100.
| Currency | Selling Price (IQD) | Purchase Price (IQD) |
|---|---|---|
| Baghdad | 149,500 | 147,500 |
| Erbil | 148,000 | 147,800 |
This development indicates a shifting dynamic in the regional currency markets, as both locations demonstrate varying responses to economic conditions.
