rafidainscope - The Baghdad Stock Exchange opened its trading with relative stability in US dollar exchange rates alongside ongoing demand for foreign currency in local markets.
This comes at a time when dollar prices continue to fluctuate in the parallel market, despite government announcements of plans and programs to control the exchange rate and meet commercial needs through official banking channels.
The Central Bank of Iraq had previously announced adjusting the official exchange rate to meet financial stability requirements and provide liquidity to the public and banks under facilitated terms.
