The continuous decline in dollar prices. Is Iraq restoring balance to its economy?
Mawazine News – Economy
On Monday, the exchange rates of the US dollar witnessed a decline in the markets of the capital Baghdad, and in Erbil, the capital of the Kurdistan Region, with the opening of the main stock exchange in the country.
Dollar prices fell with the opening of the two main Al-Kifah and Al-Harthiya stocks in Baghdad, to record 150,750 dinars per $100, while on Sunday 151,000 dinars per $100 were recorded.
With regard to the selling prices in banking shops in the local markets in Baghdad, they decreased, as the sale price reached 151.750 dinars, while the purchase amounted to 149,750 dinars per 100 dollars.
In Erbil, the dollar recorded a decline, with the selling price in banking shops reaching 150.700 dinars per $100, while the purchase price reached 150.600 dinars per $100.
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