Iraqi Dinar 123

Almost three billion and 700 million dollars of taxes were gained in the year of 2013. According to the Tax authority, it has been seen that the tax revenue collected was huge. It was collected because even a student had to take care of the tax laws in the best possible way.

The stock market of Europe fell and caused the traders to feel the tension of it. With the fall in the stock market the traders felt that the violence in Iraq would increase. During the last month the traders had used the profits to pay for the different things and further gain profits from them.

Iraq is working hard to bring its economy under control. It has a few financial resources; how ever the ones include oil as their main item. The financial sector is actually owned by the banks and it is very important to keep in mind the importance of increasing the financial resources of the banks for the betterment of the country.

Iraqi Dinar 123 News:- The private and banking sectors of Iraq are facing severe crises; they called in economists to help them out of the money laundering issue which is the major cause. Mahma Khalil, a member of the Economic Committee said that the private banks need help from the Central Bank to get out of their monetary issues.

The central bank called in specialists to manage the important issues faced by the Iraqi banks. Hadi-al-Tamimi was hired who came to a conclusion that all the issues faced by the private banks were due to the non following of the rules and regulations laid out by the Central Bank.

Recently news was released by a US based magazine. The US has planned to divide Iraq into three states. The complete news would be released on 30th June 25, 2014 which is as large to be covering 8 pages. These pages state that Iraq would be divided into three states; one in the North of Kurdistan, the second along with the border of Syria while Vlheiah takes the third states place.

Abu Dhabi Islamic Bank has been given clearance to open a branch in Basra, Iraq. This is a great step as it would help in facilitating trade and make other financial transactions. This would help in expanding business and maintaining good relations between the two countries. Much needed for Iraq, it would be quite helpful in future.

The Secretary General of OPEC said that the production of oil said in a meeting of the organization that Iraq would soon produce oil from the South of it. There is no need to get tense over the fact that the production of oil from Libya is there no more. He speculated that very soon Libya would be back in oil production.

The British Intelligence Agency MI5 will track the jihadists and their activities in UK. A video on internet shows the British and Australian jihadists are joining ISIS in Iraq. The situation is so alarming for British security forces because jihadists in video are inviting their friends to join ISIS. One man is recognized as Nasir Musanni shown in the video.

Iraqi Dinar 123 News:- Gold prices that were going high during the past few months suddenly fell on Wednesday. The gold prices in the Asian trade touched the highest level in the past two months. During the time of the last three months; the prices of silver fell down.

The elections of 2014 are over and according to initial authentic sources; the Noor Al Maliki has won elections 2014 with the big lead. Everyone now is looking for new strategies of the country, especially about the strong point of view for revaluation of Iraqi dinar.

The news that came in from a source in Turkey about the Iraqi Dinar that it has become stable. This is great news for all the investors and the local Iraqis. The Iraqi citizens demanded that they could store the foreign currency on temporary bases which would be balanced as per the orders of the governor of Iraq by 1.3% of the US dollar.

It has been reported that Iraq being one of the major oil reserves, if oil supply stops from Iraqs side, it would cause the world a lot of problems. The world oil prices for Brent crude oil remained at $ 115 per barrel recently but they may rise.

Iraqi Dinar 123 News:- It has been seen that the price of a barrel of oil rose to the highest in the history in the past 9 months. The price went above $115 for fear that the supply of oil might be curtailed due to the instable conditions.

Maj, Gen Qassim Atta, said that all towns between Baghdad and Samara, to the south are under the control of Iraqi security forces. But, the Al Qaim border crossing, north of Al Walid are still in the hands of ISIS militants. He also added that in cooperation with the Sunni tribes, the Iraqi security forces have taken back Al Walid, it connects Iraq and Syria.

Iraqi Dinar 123 News:- Despite of the terrible security situation of Iraq, the economists are trying to raise the economic conditions through the oil exports of the country. it has been seen that the country has increased its foreign exchange reserves by 33% a few months back.

Erbil market for securities managed to gain membership for the Union of Arab Stock Exchanges and participated in the annual meeting in June for the first time. The Chairman of the Administrative Council Abdullah Ahmed Abd Rahim said that being a part of the market would prove to be quite helpful for our workers.

The Central Bank of Iraq on Monday; asked the different ministries and departments to show the letters of guarantee that have been issued to the clients. The managing authority of the Central Bank issued orders as; "The bank asked the General Secretariat of the Council of Ministers circular to ministries and relevant agencies for the purpose of patient claims for letters of guarantee issued by the Bank of the economy the fact that the bank in the rehabilitation phase.

Revealed the American Time magazine, the number of which will be released June 30 th, and the report of a large 8-page plan to divide Iraq into three states, one of them in the north of Kurdistan, and the second for the year along the Syria, and the third Vlheiah, and its place in the south of Iraq and includes spaces and wide of him.

Iraqi Dinar 123 News:- Rashid al- Hilali warned on Friday; he stated that the condition of the Iraqi dinar is in jeopardy. He claimed to base his analyses on the fact that the political condition of the country is instable due to which the security conditions have been going down continuously resulting in lowering the price of the Iraqi dinar recently.