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Even after passing a year, the people of Baghdad could not understood the mechanism being used for transactions and operations in the stock market of Iraq. Due to this confusion and due to poor mechanism, most of the people in Iraq prefer to buy fix assets rather than buying equities from stock market.

The frozen assets of Iraq in the foreign banks are under discussion for couple of months, especially after Chapter VII of United Nation. These frozen assets are $82 Billion and were freeze due to invasion of Kuwait by Iraq in 1990. People are not sure about these funds and most of them are consider as barren amount that will not be released to Iraq.

The frozen assets of Iraq are under discussion by government officials and economists in Iraq. The government of Iraq is waiting for these assets to fulfill the deficiency of budget and also to enhance the economic stability in the country. Economists believe that Iraqi cash reserves will be double after adding these $82 billion.

The assets of central bank of Iraq are now no longer under the control of United Sates of America, after lifting all the sanction of chapter vii and other acts of UNO. The Office of Foreign Assets Control (OFAC) announced yesterday that the Iraqi funds are now under the direct control of government of Iraq and available for use.

Iraq has seen hard time for several decades. But, after 2004, the condition appears to be getting strong. Iraq is starting many new projects to earn revenue. It is trying to increase oil trade mostly because oil is its huge asset Iraq is proud of.

Last night the President of United States of America, Barack Obama announced in the press release that United States of America will issue these immunity funds into development fund for Iraq. it shows that Iraq is going to get control over its foreign funds available in the different foreign banks, especially in United States of America.

The present era is obsessed by the convenience and currency. The buyers and speculators are looking for investment choices that are cautious in order that it accumulates to their financial assets and savings, and their families as well as future of themselves are secured. There are numerous ways to make investment in money.

Once you have decided to invest in Iraqi dinar there are many aspects need to consider for the investors. This is a good in numerous ways to protect your assets, there are many rumors in the market for the potential investors of Iraqi dinar, there are many people who have been admired to this opportunity...

Iraqi Dinar 123 News:- According to recent news from Baghdad, the banking sector is being influenced by the Iraqi Economy. It is a good idea to withdraw money and capital and invest in the Kurdistan region. The money is not too much how ever it can be termed as an asset for the Iraqi banks.