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Iraq an economic Study
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[quote:ReVbo™:MV8xNzI0NTM4XzMzNTQzMTQ0X0Q2MkNCMzAw] Here's one that's definitely not selling dinar to anyone, Calin. This guy is a highly respected Iraqi economist. Not official, but about as close as you're gonna get. Notice he mentions increased demand in international markets. If we're headed for a float, that's exactly what we want, because the value will be determined by supply and demand. [b]Chief Economist Bassem Jamil Anton Iraqi currency backed by oil wealth[/b] can not be permeated the currency market fluctuations, indicated that the central bank has large reserves of hard currency reached $ 67 billion. Anton said in a press statement transferred reporter (and independent Iraqi news agency) Iraqi currency backed by oil and owned by the country of the great oil wealth can not be permeated currency due to fluctuations in the local market, as the central bank has large reserves of foreign currency up to $ 67 billion. " He Jamil Anton [b]"the dinar began recovering and regaining placed between the international and regional currencies, and there is data indicating the increased demand for buying the Iraqi dinar in the international banking market."[/b] Iraq has become attractive countries for investment and popular with foreign companies, which found Iraq muck and good to invest in. After what the security situation has improved in relative terms. http://translate.google.com/translate?langpair=auto|en&u=http%3A%2F%2Fwww.ina-iraq.com%2Fnews%2F [/quote]
Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk
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