USD Dips Against Iraqi Dinar Amid Modest Market Fluctuations

The US dollar saw a decline against the Iraqi dinar on Monday, with exchange rates hovering around 150,000 dinars per $100 in both Baghdad and Erbil. According to a Shafaq News market survey, the dollar traded at 149,950 IQD per $100 at the Al-Kifah and Al-Harithiya central exchanges in Baghdad.

In contrast, exchange shops in Baghdad kept their rates unchanged, offering the dollar at 150,500 IQD per $100 with a buying price of 149,500 IQD. This slight variation indicates a modest change in the market's dynamics.

In Erbil, the situation was similar, with the dollar selling for 150,100 IQD per $100 and being bought at 150,000 IQD per $100. The fluctuations are minimal, but they do suggest a subtle shift in the exchange rate.