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I want to remind Mark for his last post that speaks about revaluation by the end of May 2014. Mark specified May 28, 2014 as revaluation date two weeks ago. But revaluation is postponed due to some technical and political issues. I knew that revaluation of Iraqi dinar will not happen by the end of May 28, 2014.

A golden chance with a big question mark in front of it. Yes, it is Iraqi currency we are talking about. The current value is very nominal, and one dollar gives you almost 1000 dinars. This sounds very nice from an investment point of view. But, the whole world is going towards third world war and no country can predict about its mark on the earth in the future.

The central bank of Iraq sent 146 kg gold in the market for testing purposes. This gold is given to the different reputed jewelers in the Baghdad. The ministry of planning and development cooperation has assigned a task to monitor the performance and output of these gold ingots in the market. The ministry of planning and development make frequent visits to the different shops in Baghdad to ensure the CBI strategy.

Iraqi Dinar 123 News:- Ever changing dates of revaluation of Iraqi dinar is the major cause of disappointment in the common dinar investors. People are waiting for revaluation of Iraqi dinar since 2003 when they first time heard about revaluation of Iraqi dinar.

It is not too much timing taking job because both of regions want to negotiate and want to resolve this issue. Therefore they are ready to finish the deadlock. Kurdistan knows that approval of budget is so crucial for both of the regions this is pending approval due to boycotted of Kurdistan of every budgetary meeting in Iraq.

Iraqi Dinar 123 News:- It was seen that the Gold prices kept coming down. It was the fifth session that marked the constant lowering of the prices thus ending at the least price in the past two months.