Dollar prices in Iraq showed two different trends today. In Baghdad, dollar prices stayed steady, but in Erbil, dollar prices climbed. This movement gave traders and buyers different signals in each market.
In Baghdad, the Al-Kifah and Al-Harithiya stock exchanges opened with the same levels as the previous session. Dollar prices in Iraq remained stable at 142,700 dinars for every 100 dollars. This unchanged rate offered some predictability for local traders. It also allowed shopkeepers to plan their purchases without facing sudden changes.
Meanwhile, exchange shops in Baghdad recorded slightly different figures. They sold dollars for 143,750 dinars for every 100 dollars. They also bought dollars for 141,750 dinars. These shop prices gave buyers and sellers clear boundaries for their daily transactions.
However, the situation in Erbil showed another picture. In Erbil, the selling price reached 142,700 dinars for every 100 dollars. The buying price stood at 142,600 dinars. As a result, dollar prices climbed slightly higher in Erbil compared with Baghdad. This difference reflected regional market demand and local trading patterns.
Moreover, traders in Erbil noted stronger interest from buyers. They explained that rising activity in the markets pushed prices higher. On the other hand, Baghdad traders pointed to stable demand, which kept dollar prices in Iraq unchanged. This contrast between two key cities highlighted the role of supply and demand in shaping currency markets.
Additionally, economists stressed the importance of these movements. They argued that small shifts in dollar prices in Iraq can affect trade, shopping, and even daily expenses. They also emphasized that stable exchange rates in Baghdad could calm markets. At the same time, higher prices in Erbil might encourage more cautious spending.
Looking ahead, traders across Iraq will continue to watch both markets. They expect further differences between Baghdad and Erbil. They also believe that global trends and local demand will keep shaping dollar prices in Iraq.