Baghdad/Erbil – The US dollar posted mixed results across Iraq on Wednesday morning. While exchange rates increased slightly in Baghdad, the currency recorded a modest decline in Erbil during the opening hours of trading.
The dollar exchange rate in Iraq remained close to 154,000 dinars per 100 US dollars. However, market activity showed different trends between the country’s two major currency trading centers. As a result, traders closely monitored price movements throughout the morning session.
According to market data, the dollar traded at 153,850 Iraqi dinars per 100 dollars in Baghdad’s Al-Kifah and Al-Harithiya exchanges. This figure marked a slight increase from Tuesday’s rate of 153,750 dinars. Consequently, the US currency continued its gradual upward movement in the capital.
Meanwhile, currency exchange shops in Baghdad recorded higher selling prices. Dealers sold 100 US dollars for 154,250 dinars. At the same time, they purchased the currency at 153,250 dinars. Therefore, the gap between buying and selling rates remained consistent with recent market activity.
In contrast, the Erbil market experienced a minor decline in the value of the dollar. Although the change was limited, it reflected a different trend from the one seen in Baghdad. Nevertheless, exchange rates remained relatively stable overall.
According to traders in Erbil, exchange shops sold 100 US dollars for 153,650 dinars. Meanwhile, the buying price stood at 153,600 dinars. As a result, the market maintained a narrow trading range despite the slight decrease.
The dollar exchange rate in Iraq has remained a key indicator for businesses, investors, and consumers. Moreover, daily fluctuations often influence prices across several sectors, including trade and retail markets. For that reason, exchange rate movements continue to attract significant attention.
Recent trading sessions have shown gradual changes in currency values across Iraq. However, market observers note that the overall trend remains relatively stable. Meanwhile, traders continue to watch local and international economic developments that could affect future movements.
The latest figures suggest that the dollar exchange rate in Iraq continues to fluctuate within a limited range. Consequently, both traders and businesses are expected to keep a close eye on market conditions in the coming days.