Iraq dollar rates stabilize near 157,000 IQD

The US dollar exchange rate in Iraq's parallel market has found a semblance of stability, hovering around 157,000 Iraqi dinars (IQD) after a period of volatility. This stabilization is crucial as it directly impacts the cost of imported goods and the overall economic stability of the country. It also reflects ongoing efforts by the Iraqi government to manage currency fluctuations and bolster confidence in the national economy amid broader regional and global economic challenges.

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