Dollar falls as Baghdad and Erbil markets close
The US dollar exchange rates declined in Baghdad and Erbil markets at the close of evening trading at the start of the week. The dollar's exchange rate fell to approximately 156,300 IQD in Baghdad and 156,400 IQD in Erbil, representing a decrease of between 500 and 600 IQD compared to morning prices. This decline is attributed to market stabilization following a period of volatility. It comes at a time when the government is preparing the 2027 budget draft, which is nearing submission to the Council of Ministers, amidst efforts to monitor inflation and stabilize the exchange rate.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)