The price of the dollar today, Thursday, October 21, 2021 in...

The price of the dollar today, Thursday, October 21, 2021 in...
The price of the dollar today, Thursday, October 21, 2021 in...

The average exchange rate of the dollar against the Iraqi dinar varied, in transactions on Thursday evening, October 21, 2021, in the capital, Baghdad, and a number of provinces.

The price of the dollar today in Iraq

The average price of the dollar in exchange offices and local markets in the Iraqi capital, Baghdad, during today’s transactions, was about 1472.50 dinars for purchase, 1482.5 dinars for sale, according to local media sites.

The average price of the dollar in Iraq varies between the Kifah Stock Exchange (Baghdad Stock Exchange), and between the rest of the provinces, with a margin of a few dinars, up or down.

And the Central Bank of Iraq decided earlier in the year to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars.

As for the selling price of the dollar to banks, it was set at 1460 dinars per dollar, while the selling price to the citizen was about 1470 dinars per dollar.

The Finance Committee of the Iraqi Parliament decided, in mid-August, to keep the exchange rate at its current position.

Benefits of raising the price of the dollar in Iraq

And the Iraqi Ministry of Finance announced the benefits of raising the price of the dollar, the most important of which is that it stopped the fall of the reserve currency and strengthened import capabilities.

A statement by the ministry stated, “The ministry has continuously followed up the indications of devaluation of the currency against the dollar and over the past 9 months.”

She added that after implementing the reform measures, foreign reserves with the Central Bank of Iraq rose to $60 billion in April 2021, compared to $54 billion in January 2020.

The price of the dollar against the Iraqi dinar

And the dollar exchange rate fell on the Kifah Stock Exchange, in Baghdad today, about 1478 dinars, and it also fell on the Basra Stock Exchange, to about 1479 Iraqi dinars.

While the price of the dollar stabilized on the Erbil Stock Exchange, at about 1480.75 dinars.

While the price of the dollar fell against the dinar on the stock exchanges of Mosul, Dohuk and Sulaymaniyah, to about 1480 dinars.

The price of the euro and the pound against the Iraqi dinar

The average price of the euro decreased against the Iraqi dinar, in today’s trading, to about 1694.13 dinars for purchase, and 1699.27 dinars for sale.

The average price of the pound sterling against the Iraqi dinar today decreased to about 2009.63 dinars for purchase, and 2011.04 dinars for sale.

The prices of the riyal, dirham and dinar against the Iraqi dinar

The average exchange rate of the Saudi riyal, against the Iraqi dinar, in today’s transactions, decreased to about 387.27 dinars for purchase, and 387.96 dinars for sale.

The average price of the UAE dirham, against the Iraqi dinar, also decreased to about 395.72 dinars for purchase, and 395.84 dinars for sale.

The average price of the Kuwaiti dinar, against the Iraqi dinar, fell to about 4817.03 dinars for purchase, and 4830.38 dinars for sale.

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