Dollar extends decline against Iraqi dinar on free market

BAGHDAD, Iraq — The US dollar continued its slide against the Iraqi dinar on the country's free market on Thursday, with both buying and selling rates falling from the previous close, according to local currency traders. Dealers and exchange offices reported transacting at the updated daily rate, while reference prices issued by the Central Bank of Iraq remained broadly in line with prior levels. Market observers attributed the movement to shifts in supply-demand balances and regional currency flows. Investors were advised to monitor short-term volatility, with traders saying prices would be tracked closely through the week. No official statement from the central bank was provided beyond the published reference rate.