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mike alfred

IMF Reports Weak Economic Growth - 0 views

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    Iraqi Dinar 123 News :- A few countries in West Africa have been hit by the Ebola Virus which has caused a lot of problems for the people living there. It was reported by the IMF that the economic growth in Liberia and Sierra Leone is expected to go down by 3.5%.
mike alfred

IMF And BIS Can Play Good Role in Dinar Revaluation - 0 views

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    The central bank of Iraq invited money exchange companies to do business with central bank by selling US dollars and other foreign currencies in the country. Central bank offered this business opportunity to the money exchange companies after meeting with World Bank and IMF in Washington DC.
mike alfred

CBI, IMF and WB Meeting and Its Impact on RV - 0 views

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    We have seen few sudden changes in the economy of Iraq after the meeting between central bank of Iraq, International Monetary Fund and World Bank. The central bank of Iraq decided to reprint the notes of different denomination, decided to purchase more gold to increase the value of dinar in the local and international market and then invited different money exchange companies to sell dollars in the auction of central bank.
mike alfred

CBI Going to Raise Dinar Rate - 0 views

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    The recent visit of IMF delegation during election has its significant importance related to value of Iraqi dinar. The delegation of IMF ensured the value of available reserves at central bank of Iraq. The delegation showed satisfaction for these reserves and gave positive signal to the central bank of Iraq to enhance the rate of Iraqi dinar.
mike alfred

Poppy's Views on Iraqi Dinar Revaluation - 0 views

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    One of my reliable source said last night that revaluation is about to happen. IMF and World Bank want to revalue the currency of Iraq but they are looking for election results. There is 100% chance for revaluation of Iraqi dinar if Noor Al Maliki won the election campaign. This is because, for the continuation of the policies, it is necessary for Iraq to have same governor and its administration.
mike alfred

WB Calls on Government to Change CBI Policy - 0 views

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    The CBI is going to change the monetary policy of the country according to ongoing circumstances of Iraq. What are the changes that central bank of Iraq want to make in the country is not clear and stated publicly. One of the CBI official told that these changes will be according to present economic conditions of the country and will be launched after approval of World Bank and IMF.
mike alfred

Fears of increasing the Iraqi federal budget - 0 views

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    The government will be torn where will face two problems at one time two delay in approving the budget in the House of Representatives and how to bridge the deficit, which will create cover the costs of retirees and prisoners Rafha and amounts of petro-five dollars.
mike alfred

International Monetary Fund objection on the Iraqi budget 2014 - 0 views

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    The increasing deficit of the general federal budget to more than 35 billion dollars will play objection large and categorical rejection by the International Monetary Fund and the World Bank, because it will lead to problems of economic and financial in the country and perhaps affect the market becomes faulty and conflicts between fiscal and monetary policy of the country.
mike alfred

Iraq GDP Growth is Higher Than Other Gulf Countries - 0 views

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    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.
mike alfred

Iraq's Private Sector is Anxious About Economic Development - 0 views

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    World Bank and IMF ensured the economic growth and development in the Iraq economy. The economic policies of the government and the monetary policies of central bank of Iraq, worked well for Iraq economy. The growth rate of Iraq economy is higher than all other Middle East countries, according to World Bank economic report for year 2013-14.
mike alfred

CBI Looking For Option to Sell Off Petrodollars Without Daily Auctions - 0 views

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    After getting support and appreciation of World Bank and IMF, the central bank of Iraq decided to expand the area of operation for dollar auction in Iraq. For this purpose the special agreements are signed with the different money exchange companies to sell dollar and Iraqi dinar to the different companies, traders and importers.
mike alfred

Things to Consider When Investing In Iraqi Dinar - 0 views

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    The internal stack holders are all the political parties and the financial institutions. The external stack holders are international financial institutions like World bank and IMF etc. now WTO has also become the stack holder of Iraqi dinar revaluation because Iraq is now the member of World trade Organization. The problem with the revaluation of Iraqi dinar is just political environment of the country.
mike alfred

Economic Growth Depends on Oil Production in Iraq - 0 views

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    The government of Iraq has been getting the support of international organizations in setting up the new policies, which could help Iraq to meet its economic challenges. The IMF is helping Iraq a lot in medium term economic reform program. This program will help the Iraq to improve its fiscal sustainability, and this will lead to the economic development for Iraq.
mike alfred

The Rates Are Managed: Mnt Goat - 0 views

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    The Mnt Goat is of the view that after first parliament session 15th June 2014 the final decision will be taken. The parliament will vote for prime minister of Iraq in this session. The selection of prime minister of Iraq will make it possible for central bank of Iraq to take final attempt.
mike alfred

Guru Eagle View on Formation of The New Government - 0 views

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    Everything is ready and finalized by the major concerned financial institutions of the world like World Bank and IMF for the revaluation of Iraqi dinar. Everyone is just waiting for the formation of new government in Iraq for the final discussions. The experts believe that the rates for new Iraqi dinars have been decided and will be discussed for the final discussion.
mike alfred

Economy of Iraq Gathers Pace - 0 views

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    war-affected region, and upcoming challenges in the Iraqi Economy in the supervision of the countys acting finance of oil production of 3.2 million barrels, which is the best rate of increase in the oil production of Iraq. This year oil exports remains on the 2.6 MBPD. This forecast looks different, i.e.
mike alfred

Fuze is Happy About the Coming RV - 0 views

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    Revaluation of Iraqi dinar is strongly suggested in June 2014, by most of the experts in the world. The investors of Iraqi dinar are happy because hopefully they are becoming millionaire in the next few days. My international sources say that IMF and World Bank are looking for the results of general elections of Iraq to negotiate with elected government in Iraq.
mike alfred

Private Banks Meeting to Discuss Economic Stability in Iraq - 0 views

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    A meeting was called by the newly elected administrative board of the private banks in Iraq. It was for the betterment of the country to manage the handling of the different things in the right way. Mehdi Al Hafez, the oldest parliament member shed light on the world interest in Iraq due to oil and how the IMF and the World Bank have been offering to help them make reforms.
mike alfred

Revaluation ? How Long We Have to Wait - 0 views

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    Poppy says that IMF and World were looking for Prime Minister of Iraq as it was not elected. Now the prime minister of Iraq is there in the parliament now and Sunni Law maker has also been elected. Now it is time to go. Central bank of Iraq along with finance committee of Iraq was planning to take action before general elections of Iraq but due to preparation for general elections government could not complete.
mike alfred

Why is Iraqi Dinar Still Attractive For Investors - 0 views

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    Iraqi dinar is traded at the rate of 1166 Iraqi dinar against one US dollar according to IMF currency exchange rate. But you will have to pay higher amount of cash if you are trading Iraqi dinar in the open market. The reason is higher fluctuation in the Iraqi currency in the open market. Therefore most of the people want to know whether investors of Iraqi dinar are stable or not.
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