A new drop in dollar exchange rates in Baghdad and Erbil is the second within hours

by **Rocky** Mon 21 Feb 2022, 5:49 am

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A new drop in dollar exchange rates in Baghdad and Erbil is the second within hours

by Rocky Mon 21 Feb 2022, 5:49 am

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[size=52]A new drop in dollar exchange rates in Baghdad and Erbil is the second within hours[/size]

[size=45]The exchange rates of the US dollar fell against the Iraqi dinar, on Sunday, on the main stock exchange in the capital, Baghdad, and in the Kurdistan Region.[/size]
[size=45]Shafak Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange in Baghdad was registered at five o'clock local time in Baghdad evening - 1700 = 1200 GMT - the price of 142200 Iraqi dinars for 100 US dollars.[/size]
[size=45]This decline is the second within hours, after the dollar exchange rates recorded this morning in Baghdad 144,500 Iraqi dinars, compared to 100 US dollars.[/size]
[size=45]Our correspondent indicated that buying and selling prices also decreased in banking shops in the local markets in Baghdad, where the selling price amounted to 142,000 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 144,000 Iraqi dinars per 100 US dollars.[/size]
[size=45]In Erbil, the capital of the Kurdistan Region, dollar prices also witnessed a decrease, as the selling price reached 144,250 dinars per 100 US dollars, and the purchase price reached 143,250 dinars per 100 US dollars.[/size]
[size=45]The owners of banking offices in Baghdad confirmed earlier today, Sunday, that they had widened the difference between buying and selling, and while they demanded the Central Bank to determine its position on the process of changing the price of the dollar, an economist considered that the fluctuation in the price of the dollar led to a stagnation in the markets.[/size]
[size=45]It is noteworthy that the exchange rates of the dollar witnessed a decrease with the presence of calls to reduce the prices of the dollar with the improvement and the rise of oil prices, thus the owners of the exchange offices worked hard in selling the dollar and the lack of clarity about the government's direction to reduce the price of the dollar or not.[/size]
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