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Iraq Dollar Exchange Rate Declines


The dollar exchange rate opened lower across Iraq markets. Meanwhile, traders followed price boards carefully. Early movements showed clear declines in key cities. Therefore, the dinar gained slight strength.

In Baghdad, currency trading began with lower dollar values. Specifically, Al-Kifah exchange recorded 146,350 dinars per 100 dollars. Likewise, Al-Harithiya exchange showed the same level. Consequently, traders adjusted offers quickly.

Local exchange shops in Baghdad reflected the same trend. Sellers offered the dollar at 146,750 dinars per 100 dollars. At the same time, buyers priced the dollar at 145,750 dinars. As a result, trading remained balanced.

Dealers in the capital described calm market conditions. Moreover, customers avoided panic buying. Therefore, price movement stayed orderly. The dollar exchange rate shifted without sharp swings.

In the Kurdistan Region, markets followed Baghdad closely. In Erbil, exchange shops opened with lower dollar prices. Selling prices reached 145,250 dinars per 100 dollars. Meanwhile, buying prices stood at 145,150 dinars.

Traders in Erbil monitored Baghdad prices continuously. As prices declined in the capital, Erbil dealers reacted quickly. Consequently, price gaps between regions stayed narrow. The dollar exchange rate remained aligned nationwide.

Market participants linked the decline to local liquidity levels. Additionally, controlled demand reduced upward pressure. Therefore, the dinar gained short-term support. Dealers expressed confidence in market stability.

Some traders focused on daily trade needs only. However, demand stayed moderate during opening hours. As a result, speculation remained limited. The dollar exchange rate reflected normal activity.

Economic observers highlighted strong market supervision. They noted consistent currency management. Moreover, they stressed the importance of steady policy signals. Thus, volatility stayed low.

Throughout the session, dealers watched for new indicators. They followed regional currency movements closely. Meanwhile, customers tracked prices cautiously. Therefore, sentiment stayed stable.

Overall, the market opened with modest declines only. Prices moved gradually without disruption. Traders favored cautious positioning. The dollar exchange rate continued to guide market behavior.