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Iraq an economic Study

 
ReVbo™
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09/20/2012 01:47 PM

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Re: Iraq an economic Study
IRAQ

Prime minister Nouri al-Maliki condemned the U.S.-produced film and the French weekly's cartoons as offensive to Muslims and called on Shiites and Sunnis to unite in defense of Islamic values. Speaking in the Shiite holy city of Najaf in southern Iraq, al-Maliki said "all Muslims should shoulder responsibility of defending Islam."

"Defending Islam is the responsibility of all Muslims, not a particular sect or an ethnic group," al-Maliki said. [link to hosted.ap.org]
 Quoting: calin


putin

Because there's obviously nothing better to do in the sandbox than bitch about a movie. Can we just drone strike this guy's ass, please, Obama?
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/20/2012 01:50 PM
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IRAQ

Prime minister Nouri al-Maliki condemned the U.S.-produced film and the French weekly's cartoons as offensive to Muslims and called on Shiites and Sunnis to unite in defense of Islamic values. Speaking in the Shiite holy city of Najaf in southern Iraq, al-Maliki said "all Muslims should shoulder responsibility of defending Islam."

"Defending Islam is the responsibility of all Muslims, not a particular sect or an ethnic group," al-Maliki said. [link to hosted.ap.org]
 Quoting: calin


putin

Because there's obviously nothing better to do in the sandbox than bitch about a movie. Can we just drone strike this guy's ass, please, Obama?
 Quoting: ReVbo™


Seems like a pay back for Obama refusing a meeting with Maliki
Anonymous Coward
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09/20/2012 02:23 PM
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Re: Iraq an economic Study
Ok, here we go with the dates again.. ugg

That usually means, 1-2 more years.. Been thru this for 8 years, I know how this shit flows..
Anonymous Coward
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09/20/2012 02:24 PM
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Re: Iraq an economic Study
O, and seeing ebay is still loaded to the hilt with dinar, this boat isnt going anywhere, any time soon..
Renegade (Me too)

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09/20/2012 03:41 PM

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Re: Iraq an economic Study
Whatcha thinin' ReVbo?
 Quoting: calin


I guess it depends on this National Meeting that's supposed to happen next week. I don't see Shabibi pulling any triggers with the politics so close to being worked out. I guess we just wait and see if it actually happens next week.

I got into a semi fight at DV over that last night. I expect people to be obnoxious jerks here. It's part of what makes GLP what it is. I just don't understand why people want to be like that over there, though. It seems to me, if you're that down on this thing, just forget about it, man.
 Quoting: ReVbo™

We love you over here ReVbo! You can say anything you want!

No worries! People are stressed out these days.
 Quoting: calin


Thanks, and I know what you mean. That's why I try to keep this so positive, even if I'm negative about pretty much everything else going on in the world. Yeah, I'm probably overly optimistic, but I know, if this thing doesn't go down, this world has, at most, 3-6 months before utter chaos. This might not even be enough to stop it from happening, and even if it does, it's only temporary. I look at RV as our escape hatch. I've got other preparations made, of course (I am a GLPer, after all), but we're heading for some dark times. Might as well grab a little sunshine where we can find it.
 Quoting: ReVbo™


cheers
Who is John Galt?
Munsoned
The name's not boy, it's Roy!

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09/20/2012 03:54 PM

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Re: Iraq an economic Study
Well glad I didn't buy on reserve this month. I'm not holding my breath until after the new year.

Stoopid Mooslims!
Freedom requires breathing room, the Constitution presupposes that there will be some crazies among us so that the rest of us can enjoy freedom. - Judge Andrew Napolitano

A huge shit cloud is coming!
ReVbo™
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09/20/2012 04:11 PM

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Re: Iraq an economic Study
[link to dinaralert.webs.com]

...Iraqi dinar traded the previous day in the Iraq war began in 2003, however in the $ 0.33 to what it is the cost of million U.S. $ 330,000. Currently the situation in general is very different and every day more are added to the phenomenon of the dinar as see welcomes village enthusiastically new currency given prior to their destruction, put the oil law, abolition of most of the debt owed by the part of the creditors of Iraq, as it ends the war and increases national security attracts investors from all over the world, democracy, and reconstruction, and sovereignty, leaving the troops and monetary reform Finally indicating that they are to launch this currency international market and increase the value of the dinar from Iraq in "the International Monetary Fund." pieces that already exist Iraq is to restore the position of the international community as sources of Iraqi journalist working the Central Bank of Iraq to re-float the dinar on most coins as one of the the richest countries in the world should not remain in the currency permanently قيمتهن.

[link to translate.google.com]

Last Edited by Revbo™ on 09/20/2012 04:15 PM
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/20/2012 04:14 PM
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Re: Iraq an economic Study
...Iraqi dinar traded the previous day in the Iraq war began in 2003, however in the $ 0.33 to what it is the cost of million U.S. $ 330,000. Currently the situation in general is very different and every day more are added to the phenomenon of the dinar as see welcomes village enthusiastically new currency given prior to their destruction, put the oil law, abolition of most of the debt owed by the part of the creditors of Iraq, as it ends the war and increases national security attracts investors from all over the world, democracy, and reconstruction, and sovereignty, leaving the troops and monetary reform Finally indicating that they are to launch this currency international market and increase the value of the dinar from Iraq in "the International Monetary Fund." pieces that already exist Iraq is to restore the position of the international community as sources of Iraqi journalist working the Central Bank of Iraq to re-float the dinar on most coins as one of the the richest countries in the world should not remain in the currency permanently قيمتهن.

[link to translate.google.com]
 Quoting: ReVbo™


I need a translation of the translation! haha What does it mean?
ReVbo™
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09/20/2012 04:20 PM

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Re: Iraq an economic Study
...Iraqi dinar traded the previous day in the Iraq war began in 2003, however in the $ 0.33 to what it is the cost of million U.S. $ 330,000. Currently the situation in general is very different and every day more are added to the phenomenon of the dinar as see welcomes village enthusiastically new currency given prior to their destruction, put the oil law, abolition of most of the debt owed by the part of the creditors of Iraq, as it ends the war and increases national security attracts investors from all over the world, democracy, and reconstruction, and sovereignty, leaving the troops and monetary reform Finally indicating that they are to launch this currency international market and increase the value of the dinar from Iraq in "the International Monetary Fund." pieces that already exist Iraq is to restore the position of the international community as sources of Iraqi journalist working the Central Bank of Iraq to re-float the dinar on most coins as one of the the richest countries in the world should not remain in the currency permanently قيمتهن.

[link to translate.google.com]
 Quoting: ReVbo™


I need a translation of the translation! haha What does it mean?
 Quoting: calin


Well, as you know, I'm certainly no expert, but I'd say it means that they intend to re-float the currency, i.e. the market float I've been talking about lately, and they're hinting at a start rate, arguing that the rate, before the war, was 33 cents, and the justification for the market float and higher rate is Iraq has regained its sovereignty, is working toward democracy, has established a greater security environment, has ridiculous amounts of wealth in the ground, and because of all these, should not be forced to maintain the same weak currency it currently has.

The hints seems to be getting a lot stronger lately. If I wasn't already speculating the hell out of this stuff, I sure would be now.

Last Edited by Revbo™ on 09/20/2012 04:24 PM
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/20/2012 04:37 PM
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Re: Iraq an economic Study
...Iraqi dinar traded the previous day in the Iraq war began in 2003, however in the $ 0.33 to what it is the cost of million U.S. $ 330,000. Currently the situation in general is very different and every day more are added to the phenomenon of the dinar as see welcomes village enthusiastically new currency given prior to their destruction, put the oil law, abolition of most of the debt owed by the part of the creditors of Iraq, as it ends the war and increases national security attracts investors from all over the world, democracy, and reconstruction, and sovereignty, leaving the troops and monetary reform Finally indicating that they are to launch this currency international market and increase the value of the dinar from Iraq in "the International Monetary Fund." pieces that already exist Iraq is to restore the position of the international community as sources of Iraqi journalist working the Central Bank of Iraq to re-float the dinar on most coins as one of the the richest countries in the world should not remain in the currency permanently قيمتهن.

[link to translate.google.com]
 Quoting: ReVbo™


I need a translation of the translation! haha What does it mean?
 Quoting: calin


Well, as you know, I'm certainly no expert, but I'd say it means that they intend to re-float the currency, i.e. the market float I've been talking about lately, and they're hinting at a start rate, arguing that the rate, before the war, was 33 cents, and the justification for the market float and higher rate is Iraq has regained its sovereignty, is working toward democracy, has established a greater security environment, has ridiculous amounts of wealth in the ground, and because of all these, should not be forced to maintain the same weak currency it currently has.

The hints seems to be getting a lot stronger lately. If I wasn't already speculating the hell out of this stuff, I sure would be now.
 Quoting: ReVbo™

Wow... you are hired! Please translate more good ones when they come up! lolsign
calin

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09/20/2012 04:42 PM
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Re: Iraq an economic Study
...Iraqi dinar traded the previous day in the Iraq war began in 2003, however in the $ 0.33 to what it is the cost of million U.S. $ 330,000. Currently the situation in general is very different and every day more are added to the phenomenon of the dinar as see welcomes village enthusiastically new currency given prior to their destruction, put the oil law, abolition of most of the debt owed by the part of the creditors of Iraq, as it ends the war and increases national security attracts investors from all over the world, democracy, and reconstruction, and sovereignty, leaving the troops and monetary reform Finally indicating that they are to launch this currency international market and increase the value of the dinar from Iraq in "the International Monetary Fund." pieces that already exist Iraq is to restore the position of the international community as sources of Iraqi journalist working the Central Bank of Iraq to re-float the dinar on most coins as one of the the richest countries in the world should not remain in the currency permanently قيمتهن.

[link to translate.google.com]
 Quoting: ReVbo™


I need a translation of the translation! haha What does it mean?
 Quoting: calin


Well, as you know, I'm certainly no expert, but I'd say it means that they intend to re-float the currency, i.e. the market float I've been talking about lately, and they're hinting at a start rate, arguing that the rate, before the war, was 33 cents, and the justification for the market float and higher rate is Iraq has regained its sovereignty, is working toward democracy, has established a greater security environment, has ridiculous amounts of wealth in the ground, and because of all these, should not be forced to maintain the same weak currency it currently has.

The hints seems to be getting a lot stronger lately. If I wasn't already speculating the hell out of this stuff, I sure would be now.
 Quoting: ReVbo™

Wow... you are hired! Please translate more good ones when they come up! lolsign
 Quoting: calin


From that article....


Buying the Iraqi dinar and the value of the Iraqi dinar


Iraqi dinars will find a wealth of information that will help you better understand Multi dinar and Iraqi currency, and other currencies that can increase the value at any time, according to experts.
calin

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09/20/2012 04:47 PM
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Re: Iraq an economic Study
I think that site for that article sells currencies....yes?

Last Edited by calin on 09/20/2012 04:47 PM
ReVbo™
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09/20/2012 06:06 PM

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Re: Iraq an economic Study
I think that site for that article sells currencies....yes?
 Quoting: calin


1dunno1

Not familiar with them.
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
ReVbo™
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Re: Iraq an economic Study
Sulaymaniyah / long
flocked to the northern city of Sulaimaniyah, the residence of the party of President Jalal Talabani yesterday many Iraqi leaders to meet with the president and check on his health after medical trip in Germany lasted for three months and discussed with him the political crisis that the country is going through and resolved requirements. Talabani has met with the head of the National Alliance Shiite Ibrahim al-Jaafari and President of the Islamic Supreme Council Ammar al-Hakim and the Iraqi National Congress leader Ahmed Chalabi


The Baha Araji, head of the Sadrist bloc parliamentary However, politicians and other officials both individually and discussed with them the political developments in the country, stressing the need to continue the dialogue among all the political blocs and down to the understandings end the political crisis experienced by the country since late last year.
Maliki was accompanied by his two deputies for the oil and energy Hussain al-Shahristani and for services Saleh al-Mutlaq as well as a number of ministers had met with Talabani yesterday expressed his satisfaction with the follow-up President "of his meetings and accomplish tasks large and crucial in the political arena."
It is expected that the continuing influx of Iraqi officials to Sulaymaniyah during the next few days to meet with Talabani and before moving to Baghdad next week to discuss with him about the requirements of the steps required to directly prepare seriously for a national meeting and paper display political reform prepared by the National Alliance substitute for the withdrawal of confidence from the government, which failed powers for it to achieve.
For his part, the Minister of Transport Hadi al-Amiri, Thursday, for the return of President Jalal Talabani, to Baghdad next Tuesday to move the political process, especially in relation to paper reform put forward by the National Alliance.
Amery said in an interview with a number of media, including "Alsumaria News", on the sidelines of the opening garage delegations in the canal zone east of Baghdad, said that " If President Jalal Talabani health became good and will return to Baghdad next Tuesday. "
He Ameri that "Talabani is ready to return to the capital immediately, but he is busy now receiving well-wishers his safety, as well as linkage commitments several."
stressed Ameri that "the country will witness a step Talabani political mobility for genuine reconciliation between the political blocs, especially in regard to the implementation of reform paper approved by the National Alliance, and implement real reforms. "

Read more: [link to dinarvets.com]
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/21/2012 09:11 AM
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DV web site problems it seems....
ReVbo™
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09/21/2012 09:12 AM

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Re: Iraq an economic Study
DV web site problems it seems....
 Quoting: calin


Was wondering about that. I hope it's not related to that BH Group stuff from yesterday.

Last Edited by Revbo™ on 09/21/2012 10:47 AM
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/21/2012 09:14 AM
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Re: Iraq an economic Study
maybe just overload or maintenance
calin

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09/21/2012 09:16 AM
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Re: Iraq an economic Study
Looks like they had voice chat issues yesterday based on the subject titles
calin

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09/21/2012 10:13 AM
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Re: Iraq an economic Study
This page ( [link to dinarvets.com] is currently offline. However, because the site uses CloudFlare's Always Online™ technology you can continue to surf a snapshot of the site. We will keep checking in the background and, as soon as the site comes back, you will automatically be served the live version. Always Online™ is powered by CloudFlare | Hide this Alert

Read more: [link to dinarvets.com]
ReVbo™
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Re: Iraq an economic Study
And President Talabani expressed optimism about the course of things, pointing out that there are serious trends to solve problems and find ways to make the dismantling of crisis in order to create a strong united Iraq and restoring its historic role to achieve the aspirations of his people in peace, harmony and prosperity.

[link to translate.google.com]
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/21/2012 11:33 AM
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And President Talabani expressed optimism about the course of things, pointing out that there are serious trends to solve problems and find ways to make the dismantling of crisis in order to create a strong united Iraq and restoring its historic role to achieve the aspirations of his people in peace, harmony and prosperity.

[link to translate.google.com]
 Quoting: ReVbo™

That's nice!
ReVbo™
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Re: Iraq an economic Study
[link to www.rudaw.net]

"The KRG and GOI have been at odds over the details of the HCL for years. But now there are new hopes that the conflicting factions might be close to an agreement that would result in a carbohydrate law. A recent non-finalized deal between the Kurdish and Iraqi governments, along with a meeting between Maliki and parliament speaker Osama Nujaifi over the oil law, have rekindled hopes that a resolution might be in sight. The deal between the KRG and GOI includes a provision that Baghdad will pay around $2 billion to foreign oil firms operating in Kurdistan as the cost of their operations. Maliki and Nujaifi have reached an agreement to accept the 2007 draft law on oil and gas which will be satisfying to the Iraqiya List and the Kurdistan Region as well."
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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[link to www.rudaw.net]

"The KRG and GOI have been at odds over the details of the HCL for years. But now there are new hopes that the conflicting factions might be close to an agreement that would result in a carbohydrate law. A recent non-finalized deal between the Kurdish and Iraqi governments, along with a meeting between Maliki and parliament speaker Osama Nujaifi over the oil law, have rekindled hopes that a resolution might be in sight. The deal between the KRG and GOI includes a provision that Baghdad will pay around $2 billion to foreign oil firms operating in Kurdistan as the cost of their operations. Maliki and Nujaifi have reached an agreement to accept the 2007 draft law on oil and gas which will be satisfying to the Iraqiya List and the Kurdistan Region as well."
 Quoting: ReVbo™


OK... THANKS!
ReVbo™
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09/21/2012 06:27 PM

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Re: Iraq an economic Study
Get an account if you want to watch the videos, but they're all in Arabic.

[link to dinaralert.webs.com]

DinarAlert uncovered this afternoon a series of 16 videos that made up a dinar seminar/symposium held recently in Iraq. These videos were sent to our Arabic translator for viewing and comment. Below is his initial response...



Seminar deletion of zeros from the Iraqi dinar which was brought by the Higher Institute 1 11 (video)

Read more.



Kap,

I listened and viewed most of the videos and statements: My understanding and personal opinion is that the drive to delete the 3 zeros is gaining momentum.. Mind you the entire government (i.e. the administration, elected parliament and probably the judiciary) have to agree on the issue and how to implement it.. I bet that the U.S will have to give its blessing as well.. It goes without saying that if the move benefits a lot of people in high positions that they will push for it to happen.. it is more politics than real fiscal reality.

The ID as we speak is definitely under valued.. How fast and by how much appreciation if the currency genuinely floats among the global currencies is yet to be seen (supply vs. demand) - I don't have a PHD in that but knowing the country and the region in general, the value of the ID will appreciate and soon..

My above comments are based on what I understood from all the videos and statements of all these officials and bankers..

Regards,
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/21/2012 06:35 PM
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Re: Iraq an economic Study
Get an account if you want to watch the videos, but they're all in Arabic.

[link to dinaralert.webs.com]

DinarAlert uncovered this afternoon a series of 16 videos that made up a dinar seminar/symposium held recently in Iraq. These videos were sent to our Arabic translator for viewing and comment. Below is his initial response...



Seminar deletion of zeros from the Iraqi dinar which was brought by the Higher Institute 1 11 (video)

Read more.



Kap,

I listened and viewed most of the videos and statements: My understanding and personal opinion is that the drive to delete the 3 zeros is gaining momentum.. Mind you the entire government (i.e. the administration, elected parliament and probably the judiciary) have to agree on the issue and how to implement it.. I bet that the U.S will have to give its blessing as well.. It goes without saying that if the move benefits a lot of people in high positions that they will push for it to happen.. it is more politics than real fiscal reality.

The ID as we speak is definitely under valued.. How fast and by how much appreciation if the currency genuinely floats among the global currencies is yet to be seen (supply vs. demand) - I don't have a PHD in that but knowing the country and the region in general, the value of the ID will appreciate and soon..

My above comments are based on what I understood from all the videos and statements of all these officials and bankers..

Regards,
 Quoting: ReVbo™

Why does this opinion feel to me like this will take much more time.

Maybe years.... geez
ReVbo™
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09/21/2012 08:11 PM

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Re: Iraq an economic Study
Gonna be alright, Calin. hf


In a joint press conference, President Talabani said, "I am optimistic, and now more optimistic; because I noticed in the first contacts that there a positive atmosphere in the Kurdistan region, as well as in my meetings with the Prime Minister, however brother Mr. Jaafari, however delegation of Ammar al-Hakim and set brothers virtuous him.

He added Talabani I feel that there is a tendency to solve problems, cooperation and coordination between all actors on the stage, and before that I in any plan, or process Sahaor some Muslim Brotherhood who trust them, first and foremost, Mr. Jaafari, then in Kurdistan with the leaders of the two parties, and in Baghdad with Mr. Ammar , and Adel Abdul-Mahdi, and with the heads of other political blocs - sha God - Venhaol to find a way to resolve to be a comprehensive solution, or to make it a vocabulary.

"It is important that we make every effort; resolve existing problems, and for a strong united Iraq played a historical role in the region, but will benefit people of enormous wealth, and vast.

But Jaafari has said that what you prefer president hit the nail on the head. We now need to action steps on the ground, there leaves many wrote, and initiated by Mr. President of the Republic at the time, wrote a point known paper with eight points, then the National Alliance further to paper Arbil First, paper Erbil second. Papers were all revolve around specific points collected Iraq's keenness on building, and the existing ward off evil.

And went on Jaafari, "We now need to activate, and the demarcation of practical steps to move, and prefer it that we will hold bilateral meetings and in mass I think we out, we will have taken a step on the ground, and we collect - God willing - and I share his optimism, and hope it, and his efforts, and his status When the rest of the political forces that overcome these problems, and I hope symbols and personalities in all the entities that make carefree Iraq ahead of other concerns. / End [link to ]

www.alliraqne...27-21&Itemid=86

Read more: [link to dinarvets.com]
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/21/2012 08:25 PM
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Re: Iraq an economic Study
Gonna be alright, Calin. hf


In a joint press conference, President Talabani said, "I am optimistic, and now more optimistic; because I noticed in the first contacts that there a positive atmosphere in the Kurdistan region, as well as in my meetings with the Prime Minister, however brother Mr. Jaafari, however delegation of Ammar al-Hakim and set brothers virtuous him.

He added Talabani I feel that there is a tendency to solve problems, cooperation and coordination between all actors on the stage, and before that I in any plan, or process Sahaor some Muslim Brotherhood who trust them, first and foremost, Mr. Jaafari, then in Kurdistan with the leaders of the two parties, and in Baghdad with Mr. Ammar , and Adel Abdul-Mahdi, and with the heads of other political blocs - sha God - Venhaol to find a way to resolve to be a comprehensive solution, or to make it a vocabulary.

"It is important that we make every effort; resolve existing problems, and for a strong united Iraq played a historical role in the region, but will benefit people of enormous wealth, and vast.

But Jaafari has said that what you prefer president hit the nail on the head. We now need to action steps on the ground, there leaves many wrote, and initiated by Mr. President of the Republic at the time, wrote a point known paper with eight points, then the National Alliance further to paper Arbil First, paper Erbil second. Papers were all revolve around specific points collected Iraq's keenness on building, and the existing ward off evil.

And went on Jaafari, "We now need to activate, and the demarcation of practical steps to move, and prefer it that we will hold bilateral meetings and in mass I think we out, we will have taken a step on the ground, and we collect - God willing - and I share his optimism, and hope it, and his efforts, and his status When the rest of the political forces that overcome these problems, and I hope symbols and personalities in all the entities that make carefree Iraq ahead of other concerns. / End [link to ]

www.alliraqne...27-21&Itemid=86

Read more: [link to dinarvets.com]
 Quoting: ReVbo™


I hope you are right! ;)

Now... what's next???
ReVbo™
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09/21/2012 08:30 PM

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Re: Iraq an economic Study
Reform paper to be presented to Talabani on Tuesday, lots of meetings next week, and hopefully, national meeting next week, although that may be a little ambitious. With the oil agreement last week, and all the friendly talk from all sides, though, I'd say we'll get our national meeting this time. I'm 0 for 2 on my national meeting predictions so far, though, soooooooo...
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.
calin

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09/21/2012 08:36 PM
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Re: Iraq an economic Study
Reform paper to be presented to Talabani on Tuesday, lots of meetings next week, and hopefully, national meeting next week, although that may be a little ambitious. With the oil agreement last week, and all the friendly talk from all sides, though, I'd say we'll get our national meeting this time. I'm 0 for 2 on my national meeting predictions so far, though, soooooooo...
 Quoting: ReVbo™


Crossing fingers....
ReVbo™
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Re: Iraq an economic Study
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.



Chief Economist Bassem Jamil Anton Iraqi currency backed by oil wealth 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 "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."

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.

[link to translate.google.com]

Last Edited by Revbo™ on 09/22/2012 10:18 AM
Rev. 21:4 He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.

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