The U.S. dollar strengthened against the Iraqi dinar on Saturday morning as trading resumed in Baghdad and Erbil following the weekly market reopening.
In Baghdad, the dollar rose at the central Al-Kifah and Al-Harithiya exchanges, reaching 153,250 Iraqi dinars per $100, compared with 153,000 dinars per $100 at Thursday’s close.
The increase was also reflected in local currency exchange shops across the capital. The selling price climbed to 153,750 dinars per $100, while the buying price reached 152,750 dinars per $100.
Erbil recorded a similar trend, with the dollar gaining value in local exchange markets. The selling price of $100 rose to 153,250 Iraqi dinars, while the buying price reached 153,150 dinars.
The latest rise follows a decline in the dollar’s exchange rate earlier in the week and highlights the continued fluctuations in Iraq’s currency markets, where exchange rates can shift daily based on supply, demand, and market activity.
Traders and investors continue to monitor movements in the dollar closely, as changes in the exchange rate directly affect import costs, consumer prices, and business transactions across the country.
