Baghdad: The exchange rate of the US dollar against the Iraqi dinar witnessed a slight decrease in local markets on Sunday. The selling price reached 143,000 dinars per 100 US dollars, while the buying price was 142,000 dinars per 100 US dollars.

According to National Iraqi News Agency, this change in exchange rates reflects minor fluctuations in the currency market. The adjustments in the buying and selling rates are routinely monitored by traders and financial analysts to assess the economic interactions between the two currencies.

The exchange rates in Iraq’s local markets are critical for various economic activities, influencing both consumer prices and business transactions. The changes in these rates can have implications for import and export businesses that rely on stable currency exchange to manage their operations effectively.