The Iraqi dollar market is moving higher again, with the parallel-market rate in Baghdad approaching 160,000 Iraqi dinars per $100. My FX Buddies Blog On Thursday morning, September 17, Al-Kifah and Al-Harithiya exchanges opened at approximately 158,850 dinars per $100, up from 157,250 at the start of Wednesday's trading. At Baghdad currency exchange offices, the reported selling price reached approximately 159,250 dinars per $100, while the buying price was around 158,250. And the increase has been building. On September 12, the rate was around 156,350 dinars per $100. On August 19, it was approximately 154,600. So what is behind the latest move? The article points out that determining the direct cause requ ...