The U.S. dollar edged lower against the Iraqi dinar on Wednesday morning in both Baghdad and Erbil as trading opened, reversing some of the gains seen at Tuesday’s close.
According to market data, the dollar traded at 155,100 dinars per $100 in Baghdad’s Al-Kifah and Al-Harithiya exchanges, down from 156,000 dinars per $100 recorded at the close of trading on Tuesday.
In Baghdad’s local exchange markets, the dollar was being sold at 155,500 dinars per $100, while the buying rate stood at 154,500 dinars per $100.
A similar decline was recorded in Erbil, where the dollar’s selling price reached 154,850 dinars per $100, while the buying price was 154,750 dinars per $100.
The drop reflects a slight strengthening of the Iraqi dinar at the start of Wednesday’s trading session, although exchange rates continue to fluctuate based on market demand and supply conditions.
