The economist, Salah Nouri, expected the dollar exchange rate to rise in the country in the coming days.
“It is possible that the dollar exchange rate will rise in the coming days due to the increased import of goods,” Nouri said {Elphrate News}.
He attributed the reason for this to “covering the requests of citizens on the occasion of Eid al-Fitr.”
As is customary in most Arab and Islamic countries, markets before the holidays are witnessing a trade movement that is usually more active, which applies to Iraq, which receives Eid in an economic situation that cannot be described as stable.
Iraqis usually accept to buy food to make Eid sweets inside their homes, known locally as “Klija”, in addition to buying meat and chicken in preparation for invitations and banquets during Eid, as well as buying clothes, but the high price rise prompted some Iraqis to rethink again.
The two main Al-Kifah and Al-Harithi exchanges in Baghdad recorded, when closing, today, Saturday, 148,700 Iraqi dinars for 100 dollars, while this morning it recorded 149,200 Iraqi dinars for 100 US dollars.
While the price of the dollar in banking shops in the local markets in Baghdad was 149,750 dinars for 100 dollars, while the purchase reached 147,750 dinars for 100 dollars.
