Baghdad: The exchange rate of the US dollar against the Iraqi dinar witnessed a slight decline in local markets on Thursday. The selling price reached 143,000 dinars per 100 US dollars, while the buying price was 141,000 dinars per 100 US dollars.

According to National Iraqi News Agency, this shift in the exchange rate reflects minor fluctuations in the local currency market. The change indicates a subtle movement in the economic conditions affecting the currency exchange rates in the region. The reasons behind these fluctuations are not detailed, but such changes can be influenced by a variety of economic factors.

Local traders and businesses closely monitor these exchange rates as they impact import and export costs, influencing business decisions and pricing strategies. The Iraqi financial authorities continue to observe these market movements to maintain economic stability.