Group items tagged

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 crude oil is the backbone of the economy of Iraq. More than 90% of Iraq economy is depended on the production and export of crude oil in the international market. Unfortunately, Iraq could not balance between oil and non oil sector of Iraq. Now the attacks on major cities of Iraq destroyed the oil industry of Iraq badly and the oil production and export of Iraq is almost half in the international market.