The US dollar opened the week higher against the Iraqi dinar in local markets on Saturday.
In currency exchange shops, the selling price reached 153,250 dinars per 100 dollars, while the buying price stood at 152,250 dinars per 100 dollars.
This rise comes even though the Cabinet approved an official exchange rate of 1,320 dinars per dollar on February 7, 2022. That decision was meant to control the market and support economic stability.
However, the gap between the official rate and the market rate continues to put pressure on the dinar, especially in daily trading.
