Once a Strong Dinar

Dinar is the currency of Iraq, a predominantly Muslim country, and is issued by its Central Bank. Once a strong dinar, it was first circulated in the county in 1932 in subdivision of 1,000 files or coins to replace the Indian rupee that was the official currency since the end of the First World War. The strength of the Iraqi dinar currency came in the late 1950s when the then exchange rate was between US$2.8 and US$3.00 to a dinar.

The Iraqi dinar currency, however, devalued quickly as a result of excessive government printing of new banknotes and the sanctions on the country by the international community with the United States at the helm. That was after 1991 or the second Gulf War when the currency was replaced with the new dinar. In 2004, the new 25, 50 and 100 dinar coins were withdrawn from circulation shortly after being introduced because of their unpopularity among the Iraqis. Once a strong dinar, it consistently lost value at about 30% per year. As of the early months of 2013, the Iraqi dinar currency was valued at 0.00086 against the US dollar or 0.00056 to the British pound and 0.00065 to a Euro dollar.

Dinar Currency deals with the Iraqi dinar for more than four years now. This company provides reliable and safe means for one to acquire the dinar today and exchange it in the future. It says that the new currency that was once a strong dinar has enabled the country’s Central Bank and the country as a whole to build a new but sound national fiscal policy that works for the overall wheel. This policy must be designed to encourage investment both foreign and local in the infrastructure of the country.

Advice for Potential Vietnamese Currency Investors

The Vietnamese Dong (VND) is another speculative currency that is getting the attention of foreign currency investors in the United States. Purchasing the VND has surged in popularity brought on by high expectations on the economic growth that Vietnam is currently enjoying. The potential of the currency is closely tied to the growing manufacturing industry that has boosted Vietnamese economy to new heights. Vietnam’s growth is significant in a way that there is talk that it is even becoming a threat to China, the second biggest economy in the world today.

                  

Investors who are willing to take the risk and hold this leverage with patience are quite aware that Vietnam’s currency is yet to stabilize. The Dong is yet to achieve its potential, but there are many good reasons to believe that its value will increase in the future. For those who are exploring the idea of investing in the Vietnamese currency, it is imperative that this be known at the very outset.

The planned fortification of the currency is largely determined by private gold holdings which the Vietnamese central bank intends to use. The State Bank of Vietnam has held auctions wherein they bought gold bullion from citizens. With the monetization of gold holdings, the Vietnamese currency is being strengthened. Around this time, there are enough gold deposits already and so lesser auctions are being held.

Dinar Currency is a company that sells and buys a variety of foreign currencies. The company gets the currency that investors are interested in direct from the source. This is to ensure that the client is protected and transactions are secure in all respects.

Taking a Calculated Risk with the Iraqi Dinar

The Central Bank of Iraq is currently leading the daunting task of making the dinar more stable. The predictions point to a likely appreciation in three years, two at the latest. Yet, the popular speculation is that there is great opportunity for prosperity in the long term. At this time, it is reported that the citizens of Iraq prefer to use hard currency when they transact business. While the Iraqis are not that encouraged, foreign investors, Americans in particular are looking forward to collecting a huge profit from their investments. There are many speculators who buy Iraqi currency now in the hopes of gaining big returns.

Here are a few relevant updates that might prove indispensable to the dinar investor. Iraq is, without a doubt still in the shadow of years of war and conflict. The uncertainties tied to dinar investment are largely due to the economic instability that is yet to be resolved. Iraq has the second largest oil reserves in the world after the Kingdom of Saudi Arabia. There is a huge resource that has not yet been maximized. As the country emerges from its former sorry state, the exportation of oil will be its salvation. The past few years has seen an increase in the export of oil. The current rate is the highest in 30 years. To buy Iraqi currency at this time might be risky, but there are more than enough reasons to believe that the projections have a sound foundation in facts.

The future revaluation of Iraq’s currency is the promise that Dinar Currency provides its investment partners. This company has provided support to those who have invested in the Iraqi currency. Are you ready to purchase Iraqi Dinar with the guidance of Dinar Currency?

THE DINAR & DONG / RV INTERNET GURU'S - BASIL III COMPLIANT:

Remember the old PROVERB: 'Knowledge is power?'

Well all of you Dinarians need to 'power-up' and understand a few things that these Internet Guru's obviously do not! The RV [re-value] isn't just about Iraq and the Dinar or Vietnam and the Dong.

The RV is an international matter, which does NOT necessitate, require or focus upon Maliki or Shabbi's permission or the United Nations approval or acknowledgment.

For those of you who do not research history, government, law and politics: The Puppet Master pulls the strings and call the shots of the Criminal Cabal and have been in control of the United States Corporation since 1913.


Those who do not know their past are condemned to repeat it.' George Santayana

The Chinese have NO designs on World Domination and still they are responsible for championing the RV internationally. Seventy-one Countries opposed the RV because it meant the destruction of their FIAT based currency and government. All of those Countries are United Nations members. Now isn't that curious?

BRICS joint action at G20 summit may be wishful thinking

(Reuters) - Plans by the world's leading emerging economies to join forces to battle the latest bout of global financial turbulence could remain on the drawing board once again at the G20 meeting in Moscow this week.

An exodus of capital from Brazil, Russia, India, China and South Africa prompted by an expected scale-back in U.S. monetary stimulus has raised fears about the health of their economies, which are already losing some of their luster.

The reversal of the "monetary tsunami" - as Brazil called the flood of cheap money from developed nations - prompted the South American nation's president, Dilma Rousseff, to phone her Chinese counterpart in June to discuss "coordinated action" to offset the sharp appreciation of the U.S. dollar.

 Indeed, there are reasons for the BRICS to worry. Massive capital outflows have weakened most of their currencies, raising inflationary pressures and forcing Brazil and India to tighten liquidity at a time when their economies are underperforming.

This week's meeting of the 20 leading world economies was supposed to be the stage for the BRICS to discuss and propose joint measures to limit the fallout of a stronger greenback.

However, unlike their wealthier counterparts at the G7 group, the BRICS are still far from either coordinating monetary policy or jointly intervening in forex markets.

The BRICS surprised many by starting work on a $100 billion reserve fund and a joint development bank to reshape the global financial architecture long dominated by rich nations. These new institutions will still take some time to materialize.

Another BRICS official currently at the G20 meeting in Moscow put it more bluntly; "There are no discussions inside the BRICS about measures to battle a stronger dollar ... We just want to secure what we had agreed on previously."

Beyond promises to speed up the creation of the BRICS bank and a reserves fund, the five nations will again have little to show during the G20 meeting.

At their last summit in South Africa earlier this year, the BRICS, which make up a fifth of the global economy, disappointed many with what appeared to be lack of conviction to create the new institutions.

IQD to witness biggest improvement over the next few days, says CBI and committee members

Banking sources: expectations down the dinar against the dollar in the coming days

Parliamentary sources confirmed the economic, Tuesday that the price of the Iraqi dinar will rise against the dollar’s decline in the coming days in the light of the steps taken by the Central Bank of Iraq.

A source in the Iraqi Central Bank for “obelisk”, “The parliamentary officials and economists praised the decline witnessed by the exchange rate of the dollar and the high price of the Iraqi dinar in the light of the steps taken by the Iraqi Central Bank and banks in this area, which is reflected in this activity.”

The source added that “it is expected to continue this decline of the dollar and that the Iraqi witness Iraqi dinar biggest improvement over the next few days, according to the Central Bank and indicators of market movement.”

Recommended that a report by the International Monetary Fund (IMF), Tuesday, Iraq pace of structural reform to boost growth and job creation in the private sector, and the need to continue the good governance of foreign reserves at the Central Bank of Iraq and the Development Fund for Iraq.

The banking source familiar confirmed for “obelisk” in (19 of July of this), that the Association of Iraqi banks agreed with the Central Bank to reduce the dollar exchange rate cash to 1180 dinars instead of 1184 Iraqi dinars as of last Sunday, with the expectation that you responded to all banks For this initiative, he pointed out that this reduction will bring great benefit to the citizen.