Central Bank is expected to increase the value of the Iraqi dinar during the next two years
Sign adviser CBI Mzarmohamd for Iraq to become of the oil-producing countries developed during the next two years if entering Iraq through the gate of the oil investment.
The benefit of that investment will be reflected on the evolution of the economic reality in the country by the diversity of its resources, which would lead to a rise in the value of the Iraqi Dinar:
Salih noted in an interview with "Radio Sawa" that Iraq retains high rates of foreign currency cover domestic liquidity is paid to the stability of the Iraqi dinar in trading the currency market and thus preserve economic stability:
The economic expert explained that the happiest bugsbunny attempt by a number of European countries to invest in Iraq will raise the country's resources and will support the value of the dinar in the future, as Iraq prepares to enter into private investments in gas:
The International Monetary Fund decided to give Iraq $ 1.8 billion to boost liquidity and cash reserves of the Central Bank of Iraq, as well as for the recovery of development projects.
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03-09-2009, 12:40 PM #1
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Central Bank is expected to increase the value of the Iraqi dinar during the next two years
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03-09-2009, 12:51 PM #2
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Same article.....Another source........
Expectations of higher value of the Iraqi dinar during the next two years
Sign adviser CBI Mzarmohamd for Iraq to become the oil-producing countries developed during the next two years. The benefit of that investment will be reflected on the evolution of the economic reality in the country by the diversity of its resources, which would lead to a rise in the value of the Iraqi dinar.
Salih noted in a press statement that Iraq retains high rates of foreign currency that cover domestic liquidity is paid to the stability of the Iraqi dinar in trading the currency market and thus preserve economic stability.
For his part, the economic expert happiest bugsbunny to seek a number of European countries to invest in Iraq will raise the country's resources and will support the value of the dinar in the future, as Iraq prepares to enter into private investments in gas.
http://209.85.227.132/translate_c?hl...UIMt_ssLypbqkg
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03-09-2009, 01:54 PM #3
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Another source - this is all over the press today..........
Central Bank is expected to increase the value of the Iraqi dinar during the next two years
Expect the central bank adviser to the appearance of Muhammad Saleh said that Iraq will become the oil-producing countries developed during the next two years if entering Iraq through the gate of the oil investment.
The benefit in a press statement that the investment will be reflected on the evolution of the economic reality in the country by the diversity of its resources, which will lead to a rise in the value of the Iraqi dinar.
Saleh pointed out that Iraq retains high rates of foreign currency cover domestic liquidity is paid to the stability of the Iraqi dinar in trading the currency market and thus preserve economic stability.
The International Monetary Fund has decided to give Iraq $ 1.8 billion to boost liquidity and cash reserves of the Central Bank of Iraq, as well as for the recovery of development projects.
http://209.85.227.132/translate_c?hl...T_kxeqxMPd3eyg
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03-09-2009, 06:18 PM #4
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If a two year notice is being given, it must be a small and gradual increase, but this is better than nothing.
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04-09-2009, 04:13 AM #5
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it might be a slow and gradual climb...or one morning we might wake up and find it at pre war levels....who knows...its hard to figure it out with these Iraqis....but at least this is a good sign...been a long ride...hopefully i'll still be alive in 2 years when we make it big....lol....GO DINARS...Pat
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04-09-2009, 05:02 PM #6
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Maybe the increase will be to 1169...LOL Pat I agree, long trip and we didn't pack enough.. I think we are way past any kind of big increase, take small ones till end of year and if we still are able, I am gonna cash out, hold 1 million and get on with life. My Father always said "if it sounded to good to be true", well you know the rest. It has been a pleasure learning with you guys along the way and I still have hopes of a return, just not big ones. Have a Blessed and safe Holiday all. 67
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09-09-2009, 12:41 PM #7
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Bump.....
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19-10-2009, 04:58 PM #8
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Bump......
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