Dollar Soars Against Iraqi Dinar in Baghdad and Erbil

The US dollar has seen an increase in value against the Iraqi dinar in both Baghdad and Erbil, with evening trading closing at around 157,000 dinars per $100.

According to a market survey by Shafaq News, exchange shops in Baghdad saw their retail rates remain unchanged, selling $100 for 157,750 dinars and buying it for 156,750 dinars.

In Erbil, the dollar also rose, with exchange shops selling $100 for 157,550 dinars and buying it for 157,500 dinars.