Dollar closes week lower against Iraqi dinar in local markets

BAGHDAD, Iraq — The US dollar closed the week lower against the Iraqi dinar in local markets on Thursday, with both exchange houses and the open market recording lower buy and sell prices compared with the previous day. Officials said the buy price for a $100 banknote stood at 1,402,500 dinars, while the sell price was recorded at 1,404,500 dinars across various cities. The Central Bank's reference rate moved in the same direction during the day, tracking supply and demand dynamics in the broader market, according to the same officials. Small variations between individual exchange houses remained within the normal daily range, market observers said, with no signs of unusual tightening in liquidity. Authorities have continued publishing daily updated exchange rates, allowing traders and the public to follow price movements transparently. The closing figures reflect routine market activity rather than any policy shift, the data shows. No further details were immediately available on expectations for the dinar's movement in the coming sessions.