New surge recorded in exchange rates across local markets

US dollar exchange rates against the Iraqi dinar recorded a notable increase during the morning trading sessions on Wednesday. The exchange rate in the local markets of the capital, Baghdad, reached approximately 178,000 dinars per 100 dollars for purchasing. In Erbil, the selling price of the dollar hit 180,000 dinars, while the buying price settled at 166,500 dinars per 100 dollars. Economic experts pointed out that the purchasing power of employees' salaries declined clearly following the previous government decision to fix the official exchange rate at 152,000 dinars.