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mike alfred

Trade in Local Currency Will Enhance The Economy of Iraq - 0 views

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    Iraqi Dinar 123 News:- The experts suggested government of Iraq to trade in the local currency instead of US dollars or in any other currency of the world. The adoption of local currency in the commercial transactions will enhance the economy of Iraq. Last year Iraq and India were agreed on the trade with local currencies.
mike alfred

The Implementation of Currency Reforms in Iraq - 0 views

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    The economic world is looking for currency reforms in Iraq and monitoring their plan for economic development of Iraq. The recent actions taken by central bank and the government of Iraq for economic and currency reforms in the country, shows that both of these institutions are so serious and looking for prompt positive results from these reforms.
mike alfred

The Central Bank is Issuing New Secured Currency - 0 views

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    The issuance of new currency remained in headlines for many these in Iraq. Finally central bank of Iraq has announced that new printed notes are ready for use and will be distributed in the country within few days. Central bank of Iraq printed new Iraqi dinar with new symbols and codes to protect currency from forgery and forfeited issues.
mike alfred

Restructuring of Iraqi Currency is on Its Way - 0 views

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    Iraqi Dinar 123 News :- It was revealed that the Central Bank of Iraq is thinking upon restructuring the currency. Iraq needs to manage the different things that include the handling of currency matters for a better economic set up.
mike alfred

Enhance The Value of The Local Currency Transactions - 0 views

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    Said financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and goods across international countries that adopt this process. He added that cross-border trade in local currencies in vogue among the countries of the world, pointing to the importance of activating the measures adopted in the present time in the trade of the country.
mike alfred

Scarcity of small-class currency due to the unwillingness - 0 views

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    The reason for the scarcity of currency with a small category in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank. Iraqi banks that receive large numbers of currency with a small category of the central bank and posed in the market to satisfy the needs.
mike alfred

Dollar Again Strong Against Major Currencies - 0 views

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    After facing a down fall in the value, US dollar regained its value back in the international market against Iraqi dinar and other major currencies of the world. Dollar was declined by 0.24% in the international money market against all the major currencies of the world in the last business week.
mike alfred

Counterfeit Currency Stressing The Targets - 0 views

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    The Iraqi government has been taking several serious steps to eliminate the chances of counterfeit currency flowing in Iraq but so far these steps have proved insufficient and the government needs to take some other measures to avoid counterfeit currency flow in the country.
mike alfred

ISIS Opens Bank Loans Damaged Currency Redemption Mosul | Iraqi Dinar News and Facts - 0 views

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    The ISIS or Islamic State in Iraq and Syria has announced that they have opened their own bank in the City of Mosul to provide loans and to compensate for mangled currency, in order to financing and to raise the business for terrorist organizations.
mike alfred

CBI Adds New Icons in Iraqi Currency Notes to Help Blinds - 0 views

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    Central Bank of Iraq is continuingly introducing new methods to protect currency from forgery and counterfeited issues to stabilize the Iraqi dinar at local and international market. Recently, central bank of Iraq introduced two codes for two currency notes 250 and 500.
mike alfred

Reason Behind New Symbols in Iraq Currency - 0 views

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    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.
mike alfred

Tlar's Opinion on New Iraqi Currency - 0 views

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    The new Iraqi dinars with the value of 250, 500 and 1000 has been printed and ready for circulation as announced by central bank of Iraq. The purpose of these new notes is to maintain the security of currency in circulation.
mike alfred

Iraq's Cash Reserves to Back The Currency - 0 views

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    The economic stability of the country is determined on the basis of equal opportunities available in the country for all countrymen without any discrimination. The economists have different thinking about economic stability of any country. According to economists, the value of currency is the major indicator for any economy to decide whether the country is economically strong or not. The countries with the strong currencies have noted positions in the country.
mike alfred

Kurdistan New Currency - The Beginning of a Big Crisis - 0 views

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    Kurdistan regional government is asking for separation from central government and wants to make their own country with the name of Kurdistan. The initial step that Kurdistan regional government took for the separate home land is the issuance of their own currency instead of Iraqi dinar.
mike alfred

US Dollar Rises Against Other Major Currencies - 0 views

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    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.
mike alfred

Three Men Arrested Over $23M Currency Scam - 0 views

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    The hearing of biggest fraud in the currency of Iraqi dinar has started in United States of America today. The three American fooled his fellow Americans by investing $23 million in the Iraqi dinar. The investors were attracted by Trio by the false statement for revaluation of Iraqi dinar. Some sources say that these investors were attracted by the statement of Noor Al Maliki that he gave on local T.V about revaluation of Iraqi dinar by the 30th of April.
mike alfred

IRAQI CURRENCY IS CHARMING FOR INVESTORS - 0 views

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    Foreign currency investment is itself a complete business. Same is the case with Iraqi Dinar that is getting the attention of the whole world for investment. The price of the dinar is cheap in the current time.
mike alfred

The Central Bank Warned Against Dealing Bitcoin - 0 views

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    The central bank of Iraq warned commercial banks of Iraq to avoid dealing with the currencies not directly coming from central bank of Iraq. Central bank of Iraq especially warned commercial banks against use of Bitcoin in their dealing to avoid any currency scam. Bitcoin is the digital currency used for internet sales and purchase.
mike alfred

Project raise zeros from the currency early in 2015 - 0 views

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    A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015 Sunday, 22 December 2013 07:30 [Baghdad - where] Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.
mike alfred

New Govt. Putting Efforts to Delete Zeroes From Iraqi Currency - 0 views

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    The government of Iraq has been trying to delete the zeroes from the Iraqi currency for a better global price of the Iraqi dinar. They have been trying since long but they have not been able to manage things in a better way. There have been several propositions and it is a good thing that the decision of the deletion of zeroes has not yet been taken. Iraq need to stable itself in a better way before the price of the dinar is settled.
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