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mike alfred

Gold Prices Reduced in The Global Market - 0 views

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    Iraqi Dinar 123 News:- After remaining at boom in the Asia and other developing countries, the oil prices decreased in the international market more than 1%. In the beginning the prices were increased in the global market due to sudden changes in Iraq when militants attacked Iraq.
mike alfred

Global Economy is Improving - 0 views

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    it was confirmed in a statement from Australia that the GDP would be 2.1 percent more by the year 2018. Several countries have shown interest in raising the GDP and the production of the different things that would enhance the different sectors. The basic support would be provided by the banks that would help in the improvement of the infrastructure of the different countries as well as the global structure.
mike alfred

Inflation Levels Get Low Worldwide - 0 views

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    It has been reported that the natural disaster affects the prices of food commodities. It was due to a weak economy that would affect the global inflation. As per Hafez global inflation the low levels of everything that showed the weak economy to show the hike in the food commodities.
mike alfred

Global Economies Being Affected by Iraq Crisis - 0 views

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    Iraqi Dinar 123 News:- It has been seen that the price of a barrel of oil rose to the highest in the history in the past 9 months. The price went above $115 for fear that the supply of oil might be curtailed due to the instable conditions.
mike alfred

CBI Signs Contract With Global Coins Maker - 0 views

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    The central bank of Iraq announced on Wednesday about the contract it signed with an international company to manufacture the gold ingot. The international coin manufacturing company will manufacture the gold coins that will be sold to the general public in the country.
mike alfred

Iraq Signed Four Decade Contract With a Global Company - 0 views

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    Iraqi Dinar 123 News:- Iraq signed four contracts with UAE company "SK any Energy Hanks". Billions of Iraqi dinars will be spent on these contracts. The operational area of company will be the free zone of Zubair in Basra Province. The operational area is 20,000 square meters in the first phase and 1600 square meter in the second phase.
mike alfred

Fluctuating Dollar Price and Its Impact on Iraq's Economy - 0 views

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    The basket of the crisis that Iraq has been facing since long is affecting the global financial crisis. The dollar has a huge place in the economy of Iraq and it is important that Iraq manages things in a better way for a better system of management. The global crisis that occurred during the year 2009 were a huge set back for the USA. It was important for the different economies to over come the issues they faced.
mike alfred

Gold Prices Affected Globally - 0 views

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    The gold prices went down on Tuesday. This happened with the stocks of Asia which rose and remained above the level of $ 1300 per ounce. This happened within the tensions that are hovering in the conflict in the Ukraine and Gaza area. This increased the demand of expensive metals as an asylum. Despite the conditions in these areas, everything is still in demand.
mike alfred

Reorganizing Banking Structure to Help Iraq's Economy - 0 views

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    Iraqi Dinar 123 News:- Government economists said, reorganizing the banking structure in Iraq will helpful for global and local development. Reorganization in banking sector encourages foreign and local investor and also getting positive approach for Iraqi people. Financial institution reforms gets better improvement in Iraqi economy and also take a part for global economic development.
mike alfred

European and U.S. officials are seeking to develop GLOBAL STANDARDS for trade - 0 views

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    The partnership agreement of trade and investment across the Atlantic Ocean known as "NTT IB" to create the largest free trade area in the world, in order to stimulate growth and create much-needed jobs.
mike alfred

Iraq's Dual Exchange Rates and Its Effects - 0 views

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    After a huge criticism on monetary policies of central bank of Iraq by economists and government of Iraq, the central bank of Iraq introduced de facto dual exchange rate system in the country. This system allowed central bank of Iraq to control the value of dinar in the country as well as in the global market. According to this system, Iraq introduced two exchange rates for the different sectors of the economy.
mike alfred

Is the CBI on the Right Track? - 0 views

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    The positive economic changes in the value of dinar in global money market show that the policies of central bank of Iraq are going towards right direction. The common Iraqi accepts the economic improvement in the country along with experts all over the world.
mike alfred

Experts Confirm That Security Situation Will Not Affect Iraqi Dinar - 0 views

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    Iraqi Dinar 123 News:- The experts confirm that the security situation of Iraq will affect the value of Iraqi dinar at international market. The reserves of central bank of Iraq are enough to support its currency in the global money market.
mike alfred

State Department Must Adopt Local Currency Than USD - 0 views

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    Iraqi Dinar 123 News:- Member Bloc Independent MP Mohammed al-Shammari states that global economy creating crucial situation for every country but we are making some national schemes for the betterment of Iraqi economy. Increase in oil exports by some countries which trying to reduce oil prices in international market also impact these countries' economies.
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.
mike alfred

Stability Observed in Iraqi Dinar Exchange Rate - 0 views

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    Hoshyar Zebari confirms that Iraqi dinar exchange rate still remains stable, which is good sign for the investors, who are opting to invest in Iraqi dinar. This is correlated with the current downfall of the oil prices globally. There was a meeting held, where all of these major agendas were discussed along with the security, economic and political conditions of Iraq.
mike alfred

Putting Maximum Efforts to Develop Economic Ties With The World - 0 views

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    Jaafar Al Hamdani said that "we are building the good relationships with foreign companies this is important for us to sustain the international markets. There is globally downfall in the prices and its effecting economic development in Iraq but the decreasing oil prices will not affect the Iraqi dinar value."
mike alfred

Iraq Got 2nd Position in Gulf and 92nd in the World in Power Engineering Index - 0 views

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    This is a good news for Iraq for being placing at the Arab level on Second Number whie at 92nd number on the global level in the index of power engineering 2015. This has measured the performance of power engineering of the world economic forum 2015, which was issued for the third year in a row.
mike alfred

Rise in Oil Prices - 0 views

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    It has been seen that the oil prices are rising all over the world. This news is great for the oil producing countries. These countries contribute to the increase in not only the price of the oil per barrel but also the increase in their local currency.
mike alfred

Stable Exchange Rate is The Sole Aim of Private Banks Association - 0 views

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    Hussein al Tamimi is now new chairman of the Association of Private Banks in Iraq. He held a meeting Baghdad last night and decided to participate in the economic development of Iraq. Tamimi said that he is worried about exchange rate of Iraq currency in the global market.
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