Amidst a commercial standstill, the dollar “earthquake” hits Iraqi markets at the start of 2026… Expectations of breaking the 146,000 barrier.
Amidst a commercial standstill, the dollar “earthquake” hits Iraqi markets at the start of 2026… Expectations of breaking the 146,000 barrier.
2026-01-04
The exchange rate of the US dollar against the Iraqi dinar recorded a sudden increase on Sunday (January 4, 2026) with the start of trading in the new year, which sparked a wave of concern in economic and popular circles.
The exchange rate in the middle of trading on Sunday reached 145,750 dinars per 100 US dollars in the Al-Kifah and Al-Harithiya exchanges in the capital, Baghdad.
Economic experts told Baghdad Today that the rise is expected to continue in the coming hours, with expectations that the stock exchange will close at a price exceeding 146,000 dinars.
Paralysis of commercial activity
A press source in the local markets reported that this sudden surge caused a state of “economic paralysis,” as many buying and selling operations stopped while awaiting price stability.
Observers also noted, “There has been an increasing and unprecedented demand for hard currency since the early morning hours.”
burathanews.com
