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Dinar Guru is a popular name when it comes to predictions on Iraqi dinar revaluation. Previously , we have noticed most gurus on that source have different opinions on RV; some see it quite night , while others don't find it far away.

The experts have divided into two groups about Iraqi dinar revaluation. One group has strong opinion that dinar can revalue in near future. Now when that near future is expected to come relies on many factors. Other group is of the view that dinar is facing many challenges. The economy is in bad condition, the security is in bad condition and also the annual revenue is just reasonable. That's why dinar is not going to revalue at least in coming ten or more years.

We all know about the condition of Iraq after the war. Its economy has faced downfall and still it's not that much strong then it was before the war. Not only is its economy, there are many issues like decrease in the value of currency and fewer jobs available.

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.

The federal budget is not just like any other laws they represent the backbone of the life and durability of the Iraqi state in the facilities of life all, they are obviously announcing that the budget is the open window to the world…we should see the budget in the very near future.

Experts: Gold Prices Decrease to Cast a Negative Impact on Dinar Value Central bank of Iraq purchased 36 tons of gold last month to stabilize the value of dinar in the local and international market. The bank is planning to buy more gold in the near future that will further help central bank to control the value of dinar and stabilize it in the market.

Despite the claims of security forces of Iraq, the militants advancement is continue towards Baghdad and now they are in Baquba, the city near Baghdad. According to recent BBC reports, the militants have gained the control of this city and now so close to Iraq capital city Baghdad that is the destination of Islamic militants ISIS.

The militants are pro active and advancing towards Baghdad so fast. In the last two days, they were 400 km far from Baghdad as they were in Mosul and in the next two days they are in Tal Afar the city near Baghdad. Reports say that militants are just 60km away from Baghdad where extreme fight is seen.

Keeping the present economic and political condition of Iraq, the experts believe that Iraqi dinar will remain on the mercy of US dollar today and in the near future. The backbone of Iraq may break if the security situation remained same in the country. The oil is considered as backbone of the economy of Iraq and if the situation remained same the things will be out of control.

These investors are mostly reputed international banks, financial institutions and x-army officers from US Army. If revaluation is scam and if investing in dinar is the wastage of time and money, so why these reputed banks and financial institutions are giant investors in dinar. We know every country of the world want its currency at the top of the list and every central bank try its best to stabilize its currency at local and international level, and same doing Iraq. Like other experts of dinar, I don't think that revaluation of Iraqi dinar will happen in the near future.

Finance committee of Iraq decided to pay special attention to the trade and agriculture by proving wheat and pesticides for agriculture purpose. Iraq wants to be self-sufficient in wheat and barley in the near future. Therefore it is paying special attention towards both of these crops.

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.

Many of the people after looking the present situation of Iraq ask me about the chances of revaluation of Iraqi dinar revaluation. Whether it will revalue in the near future or they will have to wait for a longer period of time or it will never happen? The answer is "be positive".