The exchange rates of the US dollar witnessed an increase today, Wednesday, in the local Iraqi markets, amid continued trading at high levels compared to the official price set by the Central Bank of Iraq.
According to local market indicators, the exchange rate for 100 dollars in the Kifah and Harithiya markets in Baghdad recorded about 169,250 Iraqi dinars, an increase of 350 dinars compared to the previously recorded price.
Meanwhile, the selling price of 100 dollars in currency exchange shops was about 169,500 dinars, compared to 168,500 dinars for buying, according to the latest published reading.
This increase comes amid the anticipation of market participants for exchange rate movements in the coming days, and their implications on buying and selling activities and commercial markets.