A “significant and sudden” drop in the dollar exchange rates in Baghdad

A “significant and sudden” drop in the dollar exchange rates in Baghdad

2022-10-24 00:20

A significant and sudden drop in the dollar exchange rates in BaghdadShafaq News/ The exchange rates of the US dollar against the Iraqi dinar fell “significantly and surprisingly” today, Monday, in the main stock exchange in the capital, Baghdad, while it witnessed stability in the Kurdistan Region.

Shafaq News Agency correspondent said that the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded this morning, an exchange rate of 146350 Iraqi dinars for every 100 US dollars, while the prices on Sunday were 146700 Iraqi dinars against 100 US dollars, indicating that the dollar exchange rate witnessed A drop of about 400 dinars within hours in a new price that seems surprising to currency customers.

Our correspondent indicated that the buying and selling prices decreased in the banking shops in the local markets in Baghdad, where the selling price reached 147000 dinars per 100 dollars, while the purchase prices amounted to 146000 dinars.

In Erbil, the capital of the Kurdistan Region, dollar prices have witnessed stability, with the selling price reaching 147,100 dinars per $100, and the purchase price reaching 147,000 dinars.