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IRAQUS DOLLAR EXCHANGE RATE DECLINES IN IRAQT h e e x c hange rat e f o r t h e US do l lar c ompar ed t o t h e Iraqi di narde c l i n ed o n Wedn e sday i n t h e Iraqi capital , Baghdad, and t h e capitalo f t h e K u rdi s tan r egi o n o f Iraq, E rbi l . T h e US do l lar e x c hange rat edr opped i n Baghdad%u2019 s Al - K ifah and Al -Harit h i ya s t o c k e x c hange s ,r eac h i ng 1 , 4 3 4 . 5 Iraqi di nar s c ompar ed t o 1 , 4 3 6 Iraqi di nar s o nWedn e sday mo r n i ng. T h e e x c hange rat e i n c u rr e n c y e x c hange s h opsi n Baghdad ranged be t w e e n 1 , 4 4 5 Iraqi di nar s and 1 , 4 2 5 Iraqi di nar s ,S hafaq N e w s r epo rt ed. I n E rbi l , t h e US do l lar e x c hange rat e al s ode c l i n ed, fl u c t uati ng be t w e e n 1 , 4 3 3 . 5 and 1 , 4 3 2 . 5 Iraqi di nar s .T h e C e n tral Ban k o f Iraq ( C B I ) said i n F ebr uar y 2 0 2 3 t hat it hasbegu n u s i ng t h e n e w US do l lar e x c hange rat e o f 1 , 3 0 0 di nar s t o e v e r yUS do l lar. T h e pr e v i o u s o ffi c ial e x c hange rat e w as 1 , 4 5 0 di nar s t o o n eUS do l lar, w h i c h w as be i ng e x c hanged i n t h e paral l e l mar k e t at a rat eo f 1 , 5 5 0 di nar s . Wh i l e t h e o ffi c ial e x c hange rat e w as 1 , 4 5 0 di nar s pe rdo l lar i n Jan uar y 2 0 2 3 , t h e US c u rr e n c y w as be i ng e x c hanged at 1 , 6 1 0di nar s du ri ng t h e same mo n t h i n t h e paral l e l mar k e t i n Iraq. T h i svariati o n i ndi cat ed a diff e r e n c e o f o v e r 1 0 pe r c e n t i n t h e e x c hangerat e s .h ttps : / / w w w . iraqi n e w s . c om/ iraq/ u s -do l lar - e x c hange - rat e -de c l i n e s - i n - iraq- 5 /