In Baghdad's Al-kifah and Al-harithiya Stock Exchanges, the Dollar Reached 1,523.5 Iraqi Dinars, Up From 1,520.5 Dinars in the Morning

The US dollar exchange rate rose Thursday in Baghdad and Erbil, Iraq. In Baghdad's al-Kifah and al-Harithiya stock exchanges, the dollar reached 1,523.5 Iraqi dinars, up from 1,520.5 dinars in the morning. Currency exchange shops in Baghdad quoted rates between 1,520 and 1,530 dinars.

In Erbil, the dollar fluctuated between 1,525 and 1,525.5 dinars. The Central Bank of Iraq set the official rate at 1,300 dinars per dollar in February 2023, down from the previous official rate of 1,450 dinars. In January 2023, the parallel market rate was 1,610 dinars, over 10 percent higher than the official rate.