Shafaq News-Baghdad/ Erbil
The US dollaropened Tuesday's trading higher in Iraq, hovering around 157,000 dinars per 100dollars in Baghdad and Erbil.
According toShafaq News market survey, the dollar traded in Baghdad's Al-Kifah andAl-Harithiya exchanges at 157,250 dinars per 100 dollars, up from Monday's156,700 dinars.
In the Iraqicapital, exchange shops sold the dollar at 157,750 dinars and bought it at156,750 dinars.
In Erbil,selling prices stood at 157,100 dinars and buying prices at 156,900 dinars.
Financialexpert Walid Eidi told Shafaq News the rise is driven mainly by marketspeculation and uncertainty over recent changes in the Central Bank of Iraq'sleadership, noting the increase lacks strong economic fundamentals.
