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mike alfred

Dollar Again High Because of Security Situation - 0 views

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    The security situation in Mosul, Tirkit and Kirkuk is poor and considered as major reason of economic collapse. The militants are occupying most of the major cities of Iraq. The prices of dollar and other major foreign currencies are rising against Iraqi dinar with the every passing day. Iraq can never make progress without controlling the law and order situation of Iraq.
mike alfred

Ministry of Planning is Trying to Control High Inflation Rate - 0 views

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    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.
mike alfred

High Costs and Risks - Issues Investors Facing in Iraq - 0 views

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    The government encourages the investors to invest in the country. That's the reason we have seen numbers of companies operating in Iraq nowadays. But investors claim that this relaxation is given to the multinational companies and especially to those companies ready to invest in the oil industry of Iraq.
mike alfred

HIGH DOLLAR SALES AT AUCTION WEDNESDAY - 0 views

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    Sales of the Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency on Wednesday to 218 million and 874 000 dollars, after it yesterday reached 207.178 million dollars at the exchange rate stable in 1166 dinars per dollar.
mike alfred

High business in Iraq Development - 0 views

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    Iraqi Dinar 123 News :- For the development of Iraq it is important to build relationships with international banks. This way the country would be able to help in making payments for the investments and debts.
mike alfred

10-24-13 High central bank sales of the dollar - 0 views

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    Sales of the Central Bank (CBI) of the dollar in the auction for Thursday to more than $ 166 million after it was Wednesday evening, $ 163 million.
mike alfred

High Income From Oil Export in April - 0 views

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    Iraqi Dinar 123 News:- Despite the suspension of the export across the line of Kirkuk, the export of the oil and increased for the month of April, said Assem Jihad the spokesman of the ministry of oil. The Kirkuk pipelines were damaged in terrorist attack and the supply through Kirkuk province was badly damaged.
mike alfred

Increased Physical Demands Put Gold Again on High in Asian Markets - 0 views

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    Most of the Asian countries have started their trade in Gold instead of other currencies since Iraq started international trade in gold. Some sources also say that Iraq is not accepting US dollars or any other currency for trade of oil and gas in the international market. Iraq is accepting gold for international trade as a currency. Actually Iraq is moving towards barter in the international trade.
mike alfred

CBI Auction Sales on High Once Again - 0 views

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    It was announced by the financial committee of the country that the sales at the auction session increased and were at $149 million by the end of the session. The bank received a good system of management for a better understanding which was done by the participation of 13 banks. It was announced that almost 43 million and 285 thousand dollars were sold. The sale of the Khawwalat reached 106.068 million dollars.
mike alfred

Oil Price to be High Again By the End of 2015 - 0 views

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    The reporter writes in its posts about one of the OPEC member, who said, "Oil market will rebound the end of the 2015". Obviously, the reducing oil prices will affect the economies, which are oil based economies, but this is fact, Oil industry is again going to rebound and the rates will increase again.
mike alfred

The Iraqi Stocks on High Again - 0 views

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    Iraqi Dinar 123 News:- The Iraq Stock Exchange reported that Iraq earned 111 billion dinars during the previous month. The market traded 87 billion and 570 million shares in August and the value of these shares was equal to 111 billion and 942 million dinars.
mike alfred

High Oil Production in The South Iraq - 0 views

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    It was good news on Wednesday that 77 million barrels of crud oil has been produced in the southern part of Iraq. The company responsible for the southern part of Iraq is exceptional. They announced the total production of the oil fields of material crude oil for the month of June exceeded by 77 million barrels.
mike alfred

Iraq Crisis, Fierce Battles For Baiji And Tal Afar - 0 views

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    Thousands of Iraqis have fled, prompting fears of a brewing humanitarian crisis. Qassim Atta, a spokesman for Iraqi security forces, on Wednesday night said an investigation had been ordered into 59 high-ranking security officials accused of leaving their posts. The officials could be executed if found guilty.
mike alfred

Finalization of Budget is Near - 0 views

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    Iraqi Dinar 123 News :- It was reported that the budget lying pending for the year 2014 needs to be put on roll now. It is high time and it was announced that the budget was presented in the parliament for amendments in August and the Budget Committee was asked for a further two weeks time before the parliament came up with the amendments.
mike alfred

A Prompt Impact on Economy after Appointment of Abadi as PM - 0 views

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    Iraqi Dinar 123 News:- The expectations of the world with new government of Iraq are high. Not only Iraqi but foreign stakeholders are also expecting some productive reforms from new government of Iraq. We have seen some prompt changes in the economy of Iraq after the appointment of Haider Abadi as prime minister of Iraq.
mike alfred

Current Gold Reserves Enough For Revaluation - 0 views

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    Iraq purchased 36 tons of gold in at the end March 2014 to increase the value of dinar in the international market. This high value purchased of gold surprised the whole world. Central bank of Iraq is planning to purchase more gold in near future that will further enhance the value of Iraqi dinar in the international market.
mike alfred

Budget Deficit to Reach 87 Trillion Dinars - 0 views

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    The budget deficit of the year would reach 87 trillion dinars which would be quite high. The government has already planned for the deficit and has put aside 55 trillion dollars for it to facilitate the public by trying not to increase the prices of the daily usage things.
mike alfred

Gold Prices Fall Again - 0 views

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    Iraqi Dinar 123 News:- Gold prices that were going high during the past few months suddenly fell on Wednesday. The gold prices in the Asian trade touched the highest level in the past two months. During the time of the last three months; the prices of silver fell down.
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