Why dinar will be revalued

Iraqi Dinar. Iraq Crude Oil Production at Brazilian Equities Snap 3-Day Winning Calendar Forecast Indicators News. Population Unemployment Rate. More Indicators. National Statistics World Bank. We have a plan for your needs.

Standard users can export data in a easy to use web interface or using an excel add-in. API users can feed a custom application. White label accounts can distribute our data. We Are Hiring. The case of Iraq, by contrast, is more of a civil war, where there exists a possibility of the country being split into multiple fragments.

Even if it stays as one nation, it will still take a good long time for the economy to recover. Some investors argue that the market could drive a strong appreciation for the Iraqi dinar in the post-war era, simply because the huge oil reserves will eventually make it a strong currency. Similar to Iraqi dinar, similar rumors are reported for Vietnamese dong and, most recently, the Egyptian pound. No banks are offering Iraqi dinars. If you have to buy Iraqi dinars, you can buy them only at select money exchangers, who may or may not be legally registered.

The bill was introduced by the Central Bank of Iraq in Nov. This will erode the profit potential even for short-term trading. In terms of longer-term opportunities, forex trading in general comes with a few challenges:. How Iraq, its economy, and hence the forex rate develop over the long term, is a long-term uncertain bet. In addition, trading forex currencies is always risky, as external factors at international levels are difficult to control or predict.

Unless you are trading on regulated markets or through regulated agents, traders and investors should use extreme caution for trading the Iraqi dinar or similar currencies. Bank of America. State of Utah Department of Commerce. The Entrepreneur Fund.

International Monetary Fund. Center for Strategic and International Studies. Treasury Vault. Los Angeles Times. Obama White House. Treasury Bonds. Actively scan device characteristics for identification.

Use precise geolocation data. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. You're going to issue small category notes to the citizens of Iraq worth a negative number?

Who would believe that? Iraq is going digital with their monetary reforms. Investors are coming into Iraq to do business. No investor would go there to do business with a program rate of to 1 USD. That's just crazy and extremely stupid. Don't listen to these people who are negative, it'll never happen etc. It is happening. Pay attention what's going on over in Iraq and make up your own mind.

They have their fake news media too. Willard griggs 13th June at When will the Iraq Dinar get released for the Dollar exchange.