Iraq dollar rates rise in Baghdad, hold firm in Erbil and Basra

Baghdad (IraqiNews.com) – US dollar exchange rates against the Iraqi dinar experienced mixed movements across major domestic trading hubs on Sunday afternoon, May 24, 2026. While the parallel market price saw a moderate increase in the capital city of Baghdad, rates held steady or edged slightly lower in the northern and southern trading zones compared to the weekend baseline. Meanwhile, the official government benchmark remains unchanged at 130,000 IQD per 100 dollars. In Baghdad, trading floors saw an upward push in commercial demand, with the consumer selling price climbing to 154,250 IQD and the purchasing price resting at 153,750 IQD for every 100 dollars. Conversely, the southern port city of Basra reported a slightly softer market, posting a retail selling price of 153,500 IQD against a wholesale buying price of 153,250 IQD. Concurrently, the local bourses in Erbil mirrored their previous session’s metrics, maintaining total price stability in the Kurdistan Region’s capital. The parallel selling price held at 153,250 IQD, while the corresponding buying price from local currency merchants settled flat at 153,000 IQD. The post Iraq dollar rates rise in Baghdad, hold firm in Erbil and Basra appeared first on Iraqi News.