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On the 16th there may be a floating rate. 1 to 1 and then it may be released into an open market policy. Open market operations…sellinggovernment bonds. The demand for the iqd had increase and the value is about to increase significantly.

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.

The coin will have an important role and is effective in raising the value of the Iraqi dinar. The only way the coin will work is to remove the 3 zeros and add value to it. The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget.

I am dropping a note to let people know that the rest of this weekend is looking good and every weekend up to the second week of April. Maliki wants this before the election and because of this the window I just gave is and will get stronger every week, So if it gets by this weekend then do not be discouraged the next weekend is just as good until April.

The window is still through Saturday and getting smaller. I have heard nothing to change that time frame yet. Everything is still progressing and looking good. There are some small nuances, but we are in a good position overall. I've been told it could happen any minute, 10 minutes, an hour or 36 hours.

The rates are contemplating the same. My thoughts as always we have been alerted and we are on standby for our exchange and this can happen at any second, we have no knowledge of any delays, banks abroad are waiting for your Washington folks to get it rolling, last word out is that it is now in motion.

The new Iraqi dinars with the value of 250, 500 and 1000 has been printed and ready for circulation as announced by central bank of Iraq. The purpose of these new notes is to maintain the security of currency in circulation.

Trading in the local currency has always been useful for the countries. Iraqi currency already have lost its value in the international market and according to Indian trade minister, Indian Rupee has also lost its value up to 17% now.

The CBI is to be commended for the stability in the exchange rate of the Dinar to the Dollar, but was for the policy short term. It is time to take the necessary steps to implement the project for deletion of three zeros for dinar revaluation, without any delay.

There are different opinions present, and we have to follow those opinions and we have to ensure the best parts of the services. Different legislative departments are looking and juggling the balls in the air and they are telling us and different parties are trying to get their interests behind the floating issues.

Iraqi Dinar 123 News:- Iraqi dinar revaluation is again under discussion by many of the people not only in Iraq but worldwide after nomination of Haider Abadi as prime minister of Iraq. People have lots of positive expectations about Abadi and his team.

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.

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.

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.

One of my reliable source said last night that revaluation is about to happen. IMF and World Bank want to revalue the currency of Iraq but they are looking for election results. There is 100% chance for revaluation of Iraqi dinar if Noor Al Maliki won the election campaign. This is because, for the continuation of the policies, it is necessary for Iraq to have same governor and its administration.

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 government officials and the opposition parties were busy in their election campaign and therefore they could not pay proper attention to the budget discussions and finally the budget delayed. As far as my opinion is concern, you cannot neglect the conflict between government and Kurdistan as it is the actual reason behind the budget delay.

Now, again we come to the Iraqi dinar investment perspective, people usually ask the questions "is it right time to invest in Iraqi dinar?" This is a very strong question; different experts express the different opinions on these kinds of questions. We obviously will state what is happening right and its perspective, we will describe the country's conditions and its economic layouts from this effect.