Relative Stability in Gold Markets and Slight Decline in Local Dollar Exchange Rates

Local financial markets witnessed a slight decline in the exchange rates of the US dollar against the Iraqi dinar, coinciding with a relative stability in precious metal prices both locally and globally. Trading data showed global gold ounces recording steady high levels, while the buying and selling rates of hard currency varied slightly between the capital and other provinces. The markets maintained narrow margins, reflecting relative stability in supply and demand within the country's main currency exchanges.