Dollar Plummets Against Dinar as Parallel Market Crumbles!

The dollar exchange rate continued to decline against the dinar, on Monday (May 26, 2025), with the closure of local stock exchanges in Baghdad.

link to My FX Buddies

A Baghdad Today correspondent said the dollar exchange rate reached 140,700 Iraqi dinars for every 100 US dollars as the main stock exchange in Baghdad closed.

He added that the selling price at exchange offices reached 141,750 dinars, while the buying price reached 139,750 dinars for every 100 US dollars.

If you 'd like to support My FX Buddies:⁠https://cash.app/$tishwash⁠Get a free transcript at ⁠https://rss.com/podcasts/myfxbuddies/⁠Board of Central Bank of Iraq to be Restructured?