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mike alfred

Revaluation of Iraqi Currency is Dependent on Iraq's Current Political Situation - 0 views

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    Iraq is a republic, which is situated in West Asia. The currency of the country is dinar and its capital is Baghdad. Its official language is Arabic and Kurdish is also spoken widely. 2003 appeared a bad year in Iraq as US troops invaded Iraq in the result of a claim that Iraq did not give up completely its nuclear weapons.
mike alfred

The Right Time to Invest in Iraqi Dinar - 0 views

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    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.
mike alfred

Iraqi economy getting stronger with its oil exports - 0 views

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    This is the positive side of Iraq's economy. On the other hand, Iraq is still going through a tough time. It is still in the condition of war. Although, there is no direct war going on in the Iraq, but terrorism act is taking huge revenue from Iraq. Iraq's current government is made by Shia party. Sunni party has conflict about it.
mike alfred

IRAQI CURRENCY IS CHARMING FOR INVESTORS - 0 views

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    Foreign currency investment is itself a complete business. Same is the case with Iraqi Dinar that is getting the attention of the whole world for investment. The price of the dinar is cheap in the current time.
mike alfred

Iraq to Remain The Second Largest Oil Producer - 0 views

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    Iraq is the second largest oil producer of the world with the 3.25 million barrels per day. Saudi Arabia with the 6.6 million barrel oil is at the top of the list. For the numbers of years Iran is in the quest of the position of Iraq in the international market. As far as my opinion is concern, the Iran is little late now.
mike alfred

'You Going to be Rich Soon' Eagle - 0 views

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    The new government is going to take its responsibilities by the mid of this month means before 15th of June. The priority of Noor Al Maliki administration is to increase the value of Iraqi dinar in the international market. Now it is time to play as the ground is ready and the stage is set for them.
mike alfred

Revaluation of Iraqi Dinar is Not Too Far: Kaperoni - 0 views

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    Iraqi Dinar 123 News:- Dinar guru Kaperoni said that revaluation of Iraqi dinar is not too far because everything is almost ready. Central bank of Iraq is looking towards Iraq government to take final action. He said following week is so important for investors because there are sure chances of revaluation of Iraqi dinar by the end of this week.
mike alfred

Budget Deficit Issues Need to be Resolved - 0 views

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    The budget not appearing causes a lot of trouble for the different people not matter what country it is and for a struggling country like Iraq; it is a big thing. The cabinet decided to cut down on some expenses but it is not easy because it is important to spend money especially in the pumping of oil. The issues have risen within the country itself due to the budget and the Kurdistan region is quite disturbed.
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

New Oil Reserves in Iraq Still To Be Explored - 0 views

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    There are very few countries in the whole world that have huge oil reserves. Saudi Arabia is at number one. Then come the number of Iran and Canada. Iraq is on number four in the world oil position. Iraq's production in million barrels is huge. Every day Iraq is able to produce 2.3 million barrel oil.
mike alfred

Iraqi Economy is Interesting for Every Investor - 0 views

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    These days every investor is looking at the condition of Iraqi economy. This is because the investors have put money into their currency business. They want the profit that Iraqi Dinar experts have promised to them.
mike alfred

Finance Committee Announces The IQD is Stable - 0 views

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    The purchase of gold is being considered as a wise decision on the part of central bank of Iraq but you cannot expect dramatic changes in the exchange rate of Iraq because there are many other factors that need to be considering after this purchase that can make or break this deal. The overall economic condition of Iraq is satisfactory even with the terrorism issue.
mike alfred

Iraq GDP Growth is Higher Than Other Gulf Countries - 0 views

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    The report issued by International Monetary Fund shows that the GDP of Iraq is higher than all other Middle East countries now. According to IMF Qatar and Iraq are going well and can be considered as competitors in 2015, with the growth rate of 7.1% and 6.7%. With the 4.4% growth rate, the United Arab Emirate is at number three leaving behind Algeria at fourth position.
mike alfred

Iraq's Current Economic Growth And The Role of CBI - 0 views

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    CBI, also known as Central bank of Iraq is the main bank of Iraq. The Bank is busy in making progress for country. It makes several plans including taking care of currency, economy, oil production, and growth of other industries, etc. However, making progress in present condition is not an easy task to carry out. For this reason, Iraq is facing several challenges towards its journey to complete success.
mike alfred

CBI (Central bank of Iraq) Recent Purchase of Gold - 0 views

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    The Central Bank of Iraq has recently purchased the heavy amount of gold. It is about 36 tons of gold purchased by the CBI in the previous month. The central bank is always making plans to stable the country's position and the value of its currency. Time by time, it is making different plans and implement on that. It is a big step to invest in heavy amount of gold.
mike alfred

Is Iraqi Dinar RV Expected in 2014 - 0 views

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    The opponents think that the government of Iraq is busy in the preparation of general elections and therefore it is not possible for Iraq to work on revaluation process by the end of this year. According to them, revaluation will happen by the end of 2015 after completion of general elections.
mike alfred

Private Sector is Essential for Iraq Development : Shkran Fatlawi - 0 views

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    Iraq is one of the fastest growing nations of the world according to the recent World Bank report. The report says that the rate of economic development of Iraq is better than all the other countries of the Middle East and also in the Arab Countries. The expected growth rate of Iraq is also better than all other countries in the region according to World report.
mike alfred

Iraq Market Economy And Increasing Role of Its Government - 0 views

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    The role of the Iraq government is increasing or decreasing in the economy of Iraq is not clear and has two different opinions. Some economists believe that the role of central bank s increasing in the economy of Iraq and some believe it is not. Being independent body, the central bank of Iraq is responsible for all the economic policies of Iraq.
mike alfred

Tal Afar and Baiji are under Fierce Battle - 0 views

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    Crude oil is the backbone of Iraq economy and militants of ISIS under this fact very well. Therefore their strategy is so clear is to occupy the oil refineries of Iraq and cities rich in the oil. After taking the control of Mosul, the ISIS militants surrounded the Baiji, the biggest oil refinery of Iraq. According to recent updates, the militants have taken the control of Baiji and almost 80% of the area is under control of ISIS.
mike alfred

Why Activating the Economic Cooperation System is Essential - 0 views

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    It is very important to activate the economic cooperation system. This is needed for the betterment of the country; to increase the bilateral trade system and to develop the economic growth. It is important for the development of Iraq to have a good capital system managed in such a way that strategies implemented by the different organizations of the Arab and other economic expert companies around the world.
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