Iraqi dinar holds steady against US dollar in evening trade
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The US dollar traded flat against the Iraqi dinar in evening dealings on Wednesday at local exchange offices in Iraq, with the currency's level unchanged from earlier in the day, according to market participants. The Central Bank of Iraq's official reference rate continued to serve as the benchmark for interbank transactions, and no significant gap emerged between rates quoted at exchange offices and those at banks.
Buying and selling prices on the free market moved in a narrow range, dealers said. Market actors reported no notable change in the exchange rate compared with the previous day, describing trading as quiet for both commercial transactions and walk-in customers seeking cash.
The stable level reflects steady liquidity conditions in the local foreign exchange market, with the central bank's reference rate providing an anchor for interbank pricing. No further details on trading volumes or session totals were immediately available.
