Dollar prices in Iraq increased steadily in Baghdad and Erbil, reflecting strong demand and shifting market conditions. Investors monitored currency fluctuations closely.
The exchange rates of the US dollar rose with the opening of Baghdad’s central Al-Kifah and Al-Harithiya stock exchanges. The rates reached 141,600 IQD for every 100 dollars, up from 141,550 IQD. This increase indicates how Iraq dollar prices respond quickly to market movements.
Currency exchange stores in Baghdad set the selling price at 142,500 IQD and the buying price at 140,500 IQD per 100 dollars. The wide margin shows the influence of demand and supply on Iraq dollar prices.
In Erbil, the selling price reached 141,300 IQD for every 100 dollars, while the buying rate settled at 141,200 IQD. Market experts noted that Erbil’s exchange rates often follow Baghdad trends with slight delays.
Traders reported rising activity as businesses and consumers adjusted to the new rates. They emphasized that monitoring daily fluctuations helps investors and importers make informed financial decisions. Moreover, analysts explained that regional economic trends and international currency movements affect dollar values in Iraq.
In addition, the increase in Iraq dollar prices has influenced pricing in the retail and import sectors. Companies importing goods from abroad must adapt quickly to maintain profitability. Furthermore, individuals holding dollars for savings or travel now see higher returns on exchange.
Experts predict continued monitoring of central bank policies, regional trade developments, and global financial trends. They stressed that Iraq’s exchange rates remain sensitive to political stability and foreign investment patterns. As a result, businesses and consumers rely on real-time information for financial planning.
Overall, dollar prices in Iraq show a moderate upward trend in Baghdad and Erbil. The rise emphasizes the dollar’s key role in commerce, savings, and economic activity across the country.