Iraqi Dinar-A Smart Investment For Smart People

Source by: Iraqi Business News

URL: http://feedproxy.google.com/~r/IraqiBusinessNews/~3/0VgqnyJsMLA/

Iraqi dinar is a hot investment if investors act smartly, and level of investment doesn’t matter in this regard, whether you invest US$50 or US$500, 000, but you have to be careful to invest in Iraqi dinar securities. Investment practices never change; anyone can get the benefit of investing in Iraqi dinar at the time when dinar value appreciates. Iraqi dinar has a whole support of the government of Iraq and backed by proper budget. In this way, it’s sure that Iraqi dinar investment can become truly profitable and valuable anytime. More detail please visit here

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Iraq Food Imports in 2012

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/0BNnCe73nJ0/

Innocent Iraqi people came across a series of wars in the last 3 decades. They lost their beloved ones, but at the same time, they deprived of basic necessities of life. The Grain Board of Iraq GBI established a state-run food rationing system in 1990 to facilitate their citizens. Unites Nations applied trade sanctions on Iraq due to the aggressive political moves of formal ruler Saddam. The poorer citizens had to pay the penalty as they were starving of eating food items at that time. The food rationing system was put into place to allow the Iraqi people to get required quantities for almost no charge. More detail please visit full story.

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New Baghdad Dry Port will Strengthen Iraq

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/gT-rtoQPs5c/

A French company CMA CGM Group has announced a new dry port near Baghdad in Abu Ghreib area.  According to the Group resources, CMA CGM is present in Iraq for the last thirty three years. A bounded dry port is another project by the group in Baghdad. More detail please click here

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Iraq is supporting the World Peace

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/RxKKsPMwS7s/

The law and order situation in Iraq was out of control few years back, but after the UN invasion in 2003, the Coalition Forces took charge of Iraq and a democratic government took office as a result of general elections in 2006. Initial years were extremely challenging for the current democratic government, apart from the law and order situation speculations, counterfeits and black marketing were at its peak. Many sectarian and religious issues restricted Maliki`s scope of improvement. More detail please click here

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Per Capita Income of Iraq (IQD)

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/iu-SxxZ3bUY/

The Iraq Ministry of Planning has announced that the per capita income of Iraq has gone up to $4000 at present. The figure shows a rapid growth in the overall economy of Iraq. The per Capita income was $400 in 2004.  Prime Minister Noor al-Maliki took office in 2006 after the general elections held in the last quarter of 2005. At that time, law and order situation was drastic, infrastructure was not there, banking and finance sector was facing challenges, Iraqi currency was facing counterfeits, speculations and black marketing, in short, Iraq was one of the crucial countries to rule in 2006. More detail please visit here

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Balance Between IQD and USD Exchange Rates

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/Lw5xwyqtjVQ/

The current rate of Iraqi dinar is IQD 1166 for one US dollar. If we go to the open market, the rate will fluctuate from IQD1170 – 200 for one US dollar. It has been observed by the financial experts that the value of the USD is increasing rapidly in the financial markets. The Central Bank of Iraq CBI is taking measures to stop the current decline in the value of IQD and applying sanctions on the dollar transactions. More detail please visit here

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Iraq Economy After 10 Years of the Invasion

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/cZS8KZkVN4Y/

After the ten years of the invasion, Iraq economy is still limping and crawling. The current Maliki government is trying their best to overcome prevailing political and sectarian issues in many provinces. The Iraq Federal Budget 2013 has been passed after a series of sessions on the 7th of March. Differences of opinion on the budget allocations for different regions are still there among the various political groups. According to UN statistics, the Iraq economy showed 8% growth in the last year, and it is hoped that the growth will touch 9% digit this year. More detail please visit here

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Decline of Iraqi Dinar and Political Scenario

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/ydWfSyKALdo/

The current exchange rate of the New Iraqi Dinar in the foreign exchange markets is $1 for 1226 IQDs.  It has been observed by the financial hubs that the demand for dollars has increased in the last couple of weeks. The purchases of CBI, The Central Bank of Iraq is 131 million dollars as compared to the 126 million dollars in the previous financial session. As a result, the dollar reserves of CBI have exceeded $67 billion at the moment. More detail please visit here

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Iraq Natural Gas Projects

Source by: Dinar Deal’s Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/jqgNaqrKvJE/

Nature has blessed Iraq with abandon natural resources of oil and gas. The World is looking towards Iraq for its increasing fuel needs. Apart from neighboring countries, the rest of the world is also negotiating oil deals with Iraq to get rid of their energy crises. Like crude oil agreements, deals on gas projects are being finalized by the Iraq government. More detail please visit here

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Iraq Will Import Rice from Thailand

Source by: Dinar Deal’s Alert

URL: http://www.term123.com/iraq-will-import-rice-from-thailand/

The agriculture sector of Iraq is gradually moving ahead as the series of wars ruined this industry as well. Infrastructure for cultivation is hardly available as Iraq is blessed with oil under the soil in most of the areas. To fulfill the domestic food needs, Iraq imports various commodities from the other countries. So Iraq is the equal business opportunity for the importers and exporters at the same time. For more information please visit here

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