Baghdad (IraqiNews.com) – The US dollar exchange rate against the Iraqi dinar rose in Baghdad and Erbil on Sunday with the closure of the two main stock exchanges in the country.
The US dollar exchange rate increased with the closure of Baghdad’s Al-Kifah and Al-Harithiya stock exchanges, where the US dollar exchange rate reached 1,487 dinars after it was 1,484 dinars on Sunday morning.
The exchange rate in currency exchange shops in Baghdad ranged between 1,497.5 dinars and 1,477.5 dinars, Shafaq News reported.
In Erbil, the US dollar exchange rate ranged between 1,488.5 dinars and 1,486.5 dinars.
The Central Bank of Iraq (CBI) announced in February 2023 that it started applying the new exchange rate of the US dollar, which is 1,300 dinars against one US dollar.
The previous official exchange rate was 1450 dinars to one US dollar, which was being exchanged in the parallel…
