A significant decline in the dollar in Iraq Parallel Market

4 months ago
18

A significant decline in the dollar in Iraq
link to My FX Buddies Blog https://www.myfxbuddies.com/2025/05/the-dollar-continues-to-decline-in.html

The US dollar exchange rate recorded a new decline in the markets of the capital, Baghdad, with the closing of the stock exchange this evening, Tuesday.
The dollar price decreased with the closing of the Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 143,800 dinars for $100, after it had recorded 144,000 dinars for $100 this morning.

The selling prices in exchange offices in the local markets in Baghdad also decreased, as the selling price reached 144,750 Iraqi dinars for $100, while the buying price reached 142,750 dinars for $100.

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US President revealed on Tuesday evening that the Houthis "announced their surrender" to the United States and would stop targeting ships, stressing that Washington, in turn, would stop bombing Yemen.

Trump said that the Houthis in Yemen have "surrendered" to the United States, saying they will not attack ships and that Washington will halt strikes, according to Russia Today Arabic.

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