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Iraqi Dinar 123 News:- Revaluation of Iraqi dinar is delayed due to some administrational reasons. The government of Iraq wanted to revalue the currency before general elections but could not do so because of some internal conflicts with Kurdistan regional government. People are now confused with the ever changing dates for revaluation of Iraqi dinar.

The government officials and the opposition parties were busy in their election campaign and therefore they could not pay proper attention to the budget discussions and finally the budget delayed. As far as my opinion is concern, you cannot neglect the conflict between government and Kurdistan as it is the actual reason behind the budget delay.

Visually impaired is the major reason that inspired central bank of Iraq to add symbols in the 250 and 500 notes. These symbols and codes will help central bank to control forfeited currency issue associated with Iraq for number of years. It is interesting to note that only two denominations are being changed according to this policy.

These investors are mostly reputed international banks, financial institutions and x-army officers from US Army. If revaluation is scam and if investing in dinar is the wastage of time and money, so why these reputed banks and financial institutions are giant investors in dinar. We know every country of the world want its currency at the top of the list and every central bank try its best to stabilize its currency at local and international level, and same doing Iraq. Like other experts of dinar, I don't think that revaluation of Iraqi dinar will happen in the near future.

The experts believe that they have seen a huge fluctuation I the sales of dollars at central bank of Iraq in the last two months. This is because of ineffectiveness of the market. The decline in the sales of dollar in the central bank of Iraq is due to present political and security situation in the country.

The report issued by International Monetary Fund shows that the GDP of Iraq is higher than all other Middle East countries now. According to IMF Qatar and Iraq are going well and can be considered as competitors in 2015, with the growth rate of 7.1% and 6.7%. With the 4.4% growth rate, the United Arab Emirate is at number three leaving behind Algeria at fourth position.

A rise in US dollar is seen in the international market against other major currencies of the world. the reason behind is the betterment in the economy in the last couple of months. US dollar went down in the market couple of months ago due to its war policies.

The ministry of planning admitted that inflation rate in Iraq increased in the last 2 months to 3.2% that resulted to 5.4% annual increase in the inflation rate. The major cause behind this increase is considered the high prices of eatables in the last two months because of clashes between Iraq security forces and Sunni Militants.

Iraqi Dinar 123 News :- The central Association of private banks is thinking about developing a proper plan for the restructuring of the banking sector. The banking sector of Iraq is lagging behind in technology and latest banking techniques.

There are different opinions present, and we have to follow those opinions and we have to ensure the best parts of the services. Different legislative departments are looking and juggling the balls in the air and they are telling us and different parties are trying to get their interests behind the floating issues.

Iraq need a fully functional government that may stand behind the law enforcement agencies to fight against rebels but it unable to develop consensus among themselves to form a government. In the recent parliament session, the Sunni law makers and Kurd parliamentarians walked out of parliament when Shia majority did not bring their member for Prime Minister Seat.