Within hours... a jump in dollar prices in Baghdad

To see this article in full and MORE at My FX Buddies Blog Within hours... a jump in dollar prices in Baghdad, amid government assurances link The exchange rates of the US dollar recorded a new jump against the Iraqi dinar, on Wednesday, on the main stock exchange in the capital, Baghdad. Shafaq News Agency correspondent reported that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad has currently registered 150,500 Iraqi dinars, compared to 100 US dollars. The Central Kifah Stock Exchange recorded during its opening this morning 150,000 Iraqi dinars. Our correspondent indicated that the buying and selling prices rose in the banking shops in the local markets in Baghdad, where the selling price amounted to 151,000 Iraqi dinars, while the purchase prices amounted to 150,000 dinars per 100 US dollars. For his part, a government source said in an interview with Shafak News Agency that "the rise in dollar prices in local markets is temporary," noting that "the Central Bank has sufficient reserves to reduce the price of the dollar in local markets."