Today, Wednesday, the value of the US dollar increased in comparison to the Iraqi dinar in both the markets of Baghdad and Erbil, the capital of Kurdistan Region. The exchange rate reached over 155,000 dinars.
According to a reporter, the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad had an exchange rate of 155,200 Iraqi dinars for every 100 US dollars at 11 am. This is higher than the morning prices which were recorded at 154,300 dinars for every 100 dollars.
The dollar prices in exchange shops at local markets in Baghdad have increased. The selling price is now at 156,500 dinars, while the purchase price is at 154,500 dinars for every 100 dollars.
In the capital of the Kurdistan Region, Erbil, the stock market experienced a rise with the selling price of 100 dollars reaching 155,200 dinars and the purchase price at 155,150 dinars.
Furthermore, a group of irate demonstrators congregated outside the Central Bank of Iraq edifice in the heart of Baghdad, denouncing the exorbitant value of the US dollar.
The protesters displayed Iraqi flags and held up banners, urging immediate action to control the ongoing increase in currency exchange rates.