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mike alfred

Gold Prices Rise in The Market After Violence in Iraq - 0 views

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    Iraq is one of the biggest traders of gold in the market nowadays. Iraq focused on the international trade in gold rather than dollar or any other currency of the world. The aim is to enhance the value of its currency in the international market and to stabilize its economy. Iraq made some big deals that surprised the world in the gold. In 2014 only, the central bank of Iraq purchased more than 80 tons of the gold ingots from international market.
mike alfred

Community Banks Selling US Dollars in Black Market - 0 views

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    It was reported that the private banks sold the U.S currency in the black market using the passports if the citizens. The economists said that several currency traders are taking wrong benefits of the citizens by taking their passports in exchange for cash. They are doing so to smuggle the currency from the local market and sell it out of the country to go above 30 percent.
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

Dollar Starts Low Against Other Currencies in Light Trade - 0 views

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    After two weeks fall in the value, the US dollar regained its value back in the international market at the end of last week. Due to the public holiday on Monday, the US market remained close. Therefore, no business activity happened in the market with any American company.
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 Control Dollar's Demand & Supply to Stabilize Iraqi Dinar - 0 views

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    When a currency loss its value in the domestic market so it is difficult for it to be valued in the international market. Therefore, Iraq will have to monitor and combat this situation as much as possible. If dollar is demanded more than Iraqi dinar in the market, the value of Iraqi dinar is lower. Iraq will have to enhance the trust of the people in its own currency to regain its value back in the market.
mike alfred

Gold Prices Recovers in Asian Markets - 0 views

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    Since Iraq and many other countries are thinking to trade through gold, other than US dollars or any other currency of the world, the gold prices to going to recover in the Asian markets and the dollar rate is also falling in these countries.
mike alfred

Iraq Stock Market Getting Better Index With Each Passing Day - 0 views

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    Iraqi Dinar 123 News:- With the expected nomination of Abadi as Prime Minister of Iraq and with the developing peace in the country, the stock market of Iraq started showing better index rate.
mike alfred

New Security Measures Have a Good Impact on Stocks - 0 views

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    Iraqi Dinar 123 News:- Iraqi index market went up due to the security rising. It was recorded at 10.51 points with a 0.37 upward situation. The market of the securities showed that almost one billion shares were traded in the market.
mike alfred

Erbil Market Enters Stock Exchange - 0 views

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    Erbil market for securities managed to gain membership for the Union of Arab Stock Exchanges and participated in the annual meeting in June for the first time. The Chairman of the Administrative Council Abdullah Ahmed Abd Rahim said that being a part of the market would prove to be quite helpful for our workers.
mike alfred

Brent Oil Prices Increased in The International Market - 0 views

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    Iraq is the second largest oil producer in the world after Saudi Arabia. Therefore economy of Iraq impacts directly the international oil market and indirectly the economies of the other developing countries in Asia and Africa. The Brent oil has increased in the international market for last 4 weeks due to crisis in Iraq.
mike alfred

The Rising of Dollar and Iraqi Markets - 0 views

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    Iraqi Dinar 123 News:- It was announced by the evaluators that the rising price of dollar would not harm the growth and management of the Iraqi market. The price of crude oil also fluctuated and it lead the price of dollar to rise. This caused trouble for the people who were investing in the Iraqi market.
mike alfred

Dollar Losing Value in International Market - 0 views

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    While concerns over tensions in Ukraine due to Russia and United States conflict as sentiment on the green back remained fragile, the dollar was steady to lower against other major currencies of the world.
mike alfred

Iraqi Stock Market Shows Optimistic Signs - 0 views

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    Despite the poor law and order situation in different major cities of Iraq, the Iraq stock exchange showed a great move in the trading in the last two days. The head of Security Commission said that the necessary measures have been taken to control any emergency situation in the country and in the stock exchange to protect the investments of local and foreign companies in the country.
mike alfred

Per Capita Income of Iraq is Increasing - 0 views

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    The World Bank survey report shows that the per capita income of Iraq people is rising with the every single passing day and therefore they are looking for new products that don't assist in the domestic market of Iraq. The different companies received several request to provide specific products that don't assist in the Iraq market and therefore they are looking to import such products from international market to fulfill the demand of the people.
mike alfred

CBI's 146 Kg Gold Testing and Marking is Done - 0 views

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    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.
mike alfred

Dollar Needs to be Strong Against Other Currencies - 0 views

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    After a downfall in the value of Iraqi dinar in the international market, the value of US dollar increased in the international market. The thing that paved the way for Ira was the decline in the value of EU in the open market.
mike alfred

Iraq Stock Market to Starts at 350 Index - 0 views

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    Iraq has not been financially and economically stable enough that they could take part in the stock exchange. With the handling of data and due to the auction sessions done by the CBI have proved to be helpful for all in a better way. the Asher Iraq stock exchange has changed and managed the ratio of it at 0.06 which is a good way to trade the different things in a better way.
mike alfred

Higher Trading Volume of Iraq Securities in Foreign Market - 0 views

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    The Iraq stock exchange, the higher number of foreign stock is traded in the last week, according to Securities Commission of Iraq. The total volume purchased this week was calculated up to 71 million shares that is almost double than that of its previous week sales.
mike alfred

Basra Businessmen Union to Establish Basra Securities Market - 0 views

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    Iraqi Dinar 123 News:- The businessmen of Iraq have decided that they have to establish a new market of Basra securities. This would help in the urban economic development of the country. The people of Iraq need a proper set up for their business delaying to manage things in a better way to get over the security reasons.
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