Home Iraqi News Dollar exchange rates decline in Baghdad and Erbil stock exchanges

Dollar exchange rates decline in Baghdad and Erbil stock exchanges

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Dollar exchange rates decline in Baghdad and Erbil stock exchanges
Dollar exchange rates decline in Baghdad and Erbil stock exchanges

The U.S. dollar saw a noticeable drop Monday against the Iraqi dinar in Baghdad and Erbil markets.

In Baghdad’s Al-Kifah and Al-Harithiya exchanges, the rate fell to 154,900 dinars per $100, down from 155,500 dinars on Sunday.

In local exchange shops, the selling price slipped to 155,500 dinars, while the buying price held steady at 154,500 dinars per $100.

Erbil also saw the dollar move lower, with the selling price at 154,650 dinars and the buying price at 154,550 dinars per $100.

The decline points to easing pressure in the currency market as trading opened for the week.