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Iraqi Dinar 123 News:- It was reported that the Government of Iraq understands the factor that foreign and domestic investments are necessary for the country. The security situation has caused a lot of issues for the country. People are not interested to invest in the country.

Dr. Selah, the noted government official said that revaluation will not occur until general elections of Iraq. According to him, the process of election will disturb due to this procedure. He said that it is desire of government to increase the value of dinar so that people may trust their economic policies. They are already doing their best to increase the value of dinar that will add the value in their general election campaign.

Central bank of Iraq is trying to build its trust among foreign companies, foreign investors and local traders for the successful financial operations. Now central bank of Iraq is responsible for the failure of economy bank in the financial operations. Central bank of Iraq formed a committee of three members to complete the process of Trusteeship and report it in the next few days.

The economic bank of Iraq could not fulfill the financial obligations with the other international and local companies the minimized the trust of the people and international companies over banking sector of Iraq. Central bank of Iraq received many of the complaints against economy bank of Iraq.

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.