Sunday, June 26, 2011

Iraq dinar news

This is a lists of Iraq dinar news that I can find in the Internet. Some of them most probably a speculations or ideas on how to sell and buy Iraqi Dinari. I will try to update the news from time to time and keep on reading this post. Constantly updated information's about Dinar Iraq are important for investor. You need to know if your investment can give you a profit or just a lost that will go down a drain.


Iraq Dinar RV most probably will be starting on 16 September 2011. A recent Iraq 2011 Budget on May had been Leaked and the Iraq Dinar Currency Revaluation will be starting. Some people says, RV will happen at estimations of 3.2 USD per 1 IQD, while some rumours says they will delete 3 zero's from the dinar.
Iraq will be getting out of Ch. VII. soon and forming a Government of Iraq (GOI). they will be naming their security Minister soon and properly constituted government according to the power sharing agreements they signed last year. With this move, they will most probably will be released by UN from CH. VII soon.
A new Iraq currency has been planned by Central Bank of Iraq (CBI). CBI Governor, Sinan al-Shabibi in his interview with Al-Sabaah claims that the new currency’s attributes will make it ‘difficult’ to falsify. The Central Bank and the Finance Committee in the House of Representatives agreed to hold further meetings to finalize discussions on the project. The central bank is determined to raise three zeroes from the of the new Iraqi currency and presented its project to the government and the House of Representatives. 
Iraq stock exchange is ready and they're in a process to start a global stock exchange. If their currency are accepted by Global market, we can most probably see a RV (revaluations). RV will happen sooner or later.