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mike alfred

People Are Interested in Buying Fixed Assets Rather The Stock - 0 views

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    Even after passing a year, the people of Baghdad could not understood the mechanism being used for transactions and operations in the stock market of Iraq. Due to this confusion and due to poor mechanism, most of the people in Iraq prefer to buy fix assets rather than buying equities from stock market.
mike alfred

Central bank to take measures intended to hit the local currency - 0 views

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    MP Aziz Shareef al-Mayahi said that The central bank's decision requiring the banks to deposit all their money in the Central Bank as a condition for entry into the auction to buy the currency, began its results reflected clearly on the rise in the dollar exchange rate suspiciously.
mike alfred

Iranian arms deal threaten the relationship between Iraq and the USA - 0 views

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    The media reports raised concerns that the U.S. The administration confirmed that Iraq has signed deal with Iran worth 195 million dollars to buy weapons and ammunition, which was confirmed by the Chairman of the Commission on Security and Defense parliamentary Hassan Sinead, and denied by the Iraqi Ministry of Defense.
mike alfred

Is Iraqi Currency Worth Buying - 0 views

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    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.
mike alfred

The Biggest Buyers of Iraqi Dinar - 0 views

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    Iraqi Dinar is one of the most profitable top ten currencies of the world. Iraqi dinar came into circulation in the year 1932. The Iraqi dinar suffered ups and downs, with the World War and the Gulf War. Later, it regained its position at a good rate in the world currency market.
mike alfred

Gold Prices Decrease to Cast a Negative Impact on Dinar Value - 0 views

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    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.
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

Current Economic Situation in Iraq and Chances of Currency Revaluation - 0 views

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    Iraq has seen hard time for several decades. But, after 2004, the condition appears to be getting strong. Iraq is starting many new projects to earn revenue. It is trying to increase oil trade mostly because oil is its huge asset Iraq is proud of.
mike alfred

36 Tons of Gold Ingot Help Stabalize The Iraqi Currency - 0 views

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    Central bank of Iraq is always looking for tools and techniques to stabilize its currency in the international market. Time to time it introduced different methods that it considered to be beneficial for Iraq and its economy. The recent technique that central bank of Iraq going to introduce is to buy 36 tons of gold ingots.
mike alfred

Present Era About Iraqi Dinar - 0 views

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    The present era is obsessed by the convenience and currency. The buyers and speculators are looking for investment choices that are cautious in order that it accumulates to their financial assets and savings, and their families as well as future of themselves are secured. There are numerous ways to make investment in money.
mike alfred

Misconceptions about Iraqi dinar and its revaluation - 0 views

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    Many minds succumb to the hype that the USD will come down to its value, which would be the revaluation of the USD on any scale. This would be the normal phenomenon of decrease in USD value and the increase in IQD value.
mike alfred

Iraq's Rich Culture is Reflected From Even Its Modern Day Life - 0 views

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    Iraq has major oil reserves and this has remained hard for powerful nations to bear this fact. Iraq used to be very strong economically wise, but it has lost its value over the years. There was an era before the Gulf War, when the country had its currency at a very strong level. Even dollar had no competition with it.
mike alfred

Decrease in Gold Prices in Iraq - 0 views

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    The governor of central bank said that, we are aim to maintain the quality of gold in the country. Now the local traders, gold importers can buy gold ingots from central bank of Iraq rather than to import it from other countries of the world at a higher rate than that of rate offered by central bank of Iraq.
mike alfred

Expectations of Dinar Revaluation - 0 views

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    The central bank of Iraq surprised the whole world with the recent trade of gold. The gold reserves of Iraq have doubled now after this purchase of 36 tons of gold. The recent gold reserves of Iraq are 63 tons after addition of 36 tons in the total gold reserves of Iraq.
mike alfred

Dinar Guru Mark's Views on buy iraqi dinar currency - 0 views

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    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.
mike alfred

Worldwide Low Oil Prices and Its Impact on Iraq - 0 views

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    It was declared by economic experts that the decline in the prices of oil would cause problems for countries like Iraq who need to gain the maximum benefit from their major natural resource which is oil. The companies that handle the payments that the different companies have to give them from overseas because they are gaining benefits for a certain period of handling the different data.
mike alfred

Basra Exhibition Proved Effective to Attract Oil Investments - 0 views

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    The exhibition held in Basra was a great success. All those people who never knew that Iraq is speeding towards a better system of management are now very much interested in business in Iraq. The Basra exhibition was a great success which helped in bringing foreign business-men in the oil region. Several countries took part in the fair which was a huge success.
mike alfred

Stability Observed in Iraqi Dinar Exchange Rate - 0 views

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    Hoshyar Zebari confirms that Iraqi dinar exchange rate still remains stable, which is good sign for the investors, who are opting to invest in Iraqi dinar. This is correlated with the current downfall of the oil prices globally. There was a meeting held, where all of these major agendas were discussed along with the security, economic and political conditions of Iraq.
mike alfred

New Deposit Insurance Act Approved - 0 views

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    During the banking conference held in Baghdad the Deposit Insurance Act was approved. It was seen that most people find it hard to invest their savings with banks due to the unstable conditions of Iraq. Iraq has been unstable socially, economically, politically and financially since long. The security issues of the country have also been a big cause to different things.
mike alfred

Over 500 Billion Iraqi Dinars Stolen From Central Bank - 0 views

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    The bank management gave out he statement so that the conversions can be done in the Islamic countries and the North along with the other two banks are managing the different things for a better management of the instruments with the legal ways. The money was basically stolen by the employees of the bank and it was the responsibility of the management to recover the money as soon as possible.
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