Dollar holds steady against Iraqi dinar in Baghdad, Erbil and Basra

BAGHDAD, Iraq — The US dollar traded largely steady against the Iraqi dinar in the free market across Baghdad, Erbil and the southern city of Basra on Monday, August 31, with no notable change from the previous day, according to interbank market and exchange office records. Banking sources said the Central Bank of Iraq's official exchange rate also showed no significant volatility during the same period. Market observers noted that marginal differences between the cities remained within the normal range and that foreign currency supply was sufficient to meet daily demand. Officials said rates could see minor intraday fluctuations but described the overall picture as stable. Banking sources said dollar sales through official channels continued to meet demand, providing a predictable environment for importers and small businesses handling foreign currency transactions. No further details on trading volumes or weekly trends were immediately available.