Iraqi Dinar 123

The political leader and the MP for the coalition of state law, Abdul Salam Al Maliki said that looking present political environment of the country, it is difficult to say that the budget of Iraq will be approved in 2014. There is a deadlock on the both sides and no one is ready to compromise on the conflicted issues.

Mnt Goat, the famous dinar guru said that the news from Iraq is getting better and better with every passing day. She said that all of this news is in the favor of Iraq and its economy and going towards revaluation of Iraqi dinar. What we need to do, is to remain cool and calm and let the things happen.

The money exchange companies are allowed to open direct account in the central bank of Iraq to sale and purchase US dollars at central bank auction. The money exchange companies have independent accounts but they don't operate independently.

The Central bank of Iraq is inviting different foreign banks to open their branches in the different cities of Iraq. The braches of these foreign banks are being opened in the areas where international companies are operating on different projects in Iraq. Central bank of Iraq and the bank of economy are discussing new mechanism for the development of banking sector.

The development in the negotiation between Iraq and the Kurdistan is reported by Iraq media to create consensus between both of the regions to meet the challenges of the country. For this purpose a meeting is going to hold in Baghdad between Iraq government officials and the Kurdistan delegation. According to Iraq media the delegation will discuss the present tension between Iraq and Kurdistan about Iraq oil policy.

Iraq is struggling hard for the membership of WTO for a longer period of time. There are two thing that Iraq needs to get membership of WTO: one is the vote and second is the value of its currency. Iraq needs enough members that could vote in the favor of Iraq in the WTO meeting.

The role of the government now looks very flexible, no actions against the insurgents, in the way of limiting these incidents, this fire is spreading all around the country. This is an embarrassing condition for the Investors, especially for the Iraqi Dinar investors who have made investments in this currency and they were waiting for the quick revaluation.

The central bank of Iraq is aim to improve the banking structure of Iraq according to ongoing circumstances to meet the challenges of new world. For this purpose, central bank of Iraq is working on a mechanism that will enhance the performance and functionalities of these commercial banks of Iraq.

The oil export of Iraq has also been increased in the May even the worst law and order situation in the country. There is no any restriction for Iraq to develop in the international market except the poor law and order situation. Now the ground is ready to play for Iraq and it is up to Iraq now how well he plays.

Iraq is now free from all the sanctions imposed by UNO after invasion of Kuwait in 1990. Now Iraq and its economy both are free and now they can grow in the world in the shorter period of time. Everything is not over and we will have to wait for the formation of new government.

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.

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.

This is the result of these efforts that many of the reputed foreign banks are operating in Baghdad and in the many other cities of Iraq. Some other foreign banks are also willing to open their bank branches in Iraq. The addition of these banks will support foreign companies operating in Iraq in their business operations.

With this membership the export of Iraq will increase in the European markets especially the export of crude oil. The investors will invest more than before to produce more products as they have a big option in the mind. The employment opportunities in the country will also increase and there will bring balance in all the sectors of economy.

The discussion of Iraqi dinar is at peak these days due to several big changes in the economy of Iraq at local and international level. One of the biggest changes that we observe in the economy of Iraq is the membership of council of 17 that allowed Iraq to trade in the biggest market of the world. We are all waiting for the development of the economy of Iraq.

The treasury remittances were sold in Iraq in a public auction sale organized by ministry of finance. The bonds are issued at 500 billion Iraqi dinars for 182 days. According to initial report, there are eight beneficiaries for this project of auction sales. Central bank of Iraq assisted this auction to support Iraq budget.

The assets of central bank of Iraq are now no longer under the control of United Sates of America, after lifting all the sanction of chapter vii and other acts of UNO. The Office of Foreign Assets Control (OFAC) announced yesterday that the Iraqi funds are now under the direct control of government of Iraq and available for use.

Last night the President of United States of America, Barack Obama announced in the press release that United States of America will issue these immunity funds into development fund for Iraq. it shows that Iraq is going to get control over its foreign funds available in the different foreign banks, especially in United States of America.

The central bank of Iraq warned commercial banks of Iraq to avoid dealing with the currencies not directly coming from central bank of Iraq. Central bank of Iraq especially warned commercial banks against use of Bitcoin in their dealing to avoid any currency scam. Bitcoin is the digital currency used for internet sales and purchase.

How can a person believe that he or she may earn 2500, 000% profits on the investment that he or she makes in a business? The investment that can make you rich over night and that is risk free and provide 100% return on investment. The dinar pushers in the...