garylew

Always check for yourself: 1. Horse head watermark: This is one of the easiest security features to check for. Hold the Iraqi dinar up to a bright light source and the image of a horse head should clearly appear. This pattern is embedded, not printed, into the paper. 2. Color changing symbol: In the bottom left hand corner, the eight sided symbol should change color from purple to green when viewed at different angles. 3. Ultraviolet writing: To check for the ultraviolet writing on the Iraqi Dinar, you will need a UV lamp (as commonly found in hardware stores). In a dimly lit area, hold the UVA lamp over the Iraqi dinar. You should clearly see a UV box with writing inside on the back side of the dinar. 4. Metallic ink (25,000 dinar note only): The image of a dove is printed in metallic ink on the top left hand corner of the back of the dinar. 5. Security thread: There should be a metallic security thread embedded into the stock of the Iraqi dinar paper. Note: the security thread is metallic only on the 25,000 dinar note. 6. Unique serial number: Every dinar is uniquely numbered in East-Arabic script. See the conversion below to western numerals. Notice the similarities between the 2 and 3 numerals. This is a guide from: http://dinarprofits.com/iraqi_dinar_information/security_features/

I've always had good experiences with Dinar Profits. Here's their website: http://www.dinarprofits.com

Interesting article I found about security in Iraq and economic development: With the looming pullout of American troops, there are endless questions of how Iraq will be able to secure its country and maintain order. Will the Iraqi military be capable of maintaining peace? Are insurgents planning to test the Iraqi military and government? These are very important questions for Iraq's future and the future of the dinar. But how can Iraq maintain security? The most common answer is a strong military. While that is necessary, there is another component that gets overlook regarding this issue: grassroots economic development. Security in Iraq will not happen if it is a top down approach. It has to start from the bottom up. This means providing opportunities for every day citizens to contribute to their local communities. When this idea is presented, most people think that governments need to provide jobs. This is true, but a better way is for Iraqi citizens to create more jobs. It means supporting local businesses. If Iraq can provide a way for every day Iraqi citizens to start small shops that provide goods and services, it will provide incentives for Iraqis to keep order in their own neighborhood. The citizens become stakeholders in their own community. They have something to lose - a small business that provides food for their families. In addition, successful small businesses will motivate others to start their own. This is the chain reaction that will allow for Iraqis to create safe and flourishing communities of their own. Iraq as a government cannot artificially create thriving communities. It should provide the resources to do so, but it must be started from the individual citizens who will take advantage of the opportunities that the government provides. This is grassroots economic development. Source: http://dinarprofits.com/security-essential-for-dinar/

You could also try DinarProfits.com - I've bought from them a handful of times, always a good experience. http://www.dinarprofits.com

glad they stopped, this is why sometimes the dinar has a negative connotation

Cheapest just in price might be a private transaction like ebay - but I'd be a little wary. I'd go with the established sites - DT, DB and I've used Dinar Profits as well. Even if they're a little bit more expensive, if you believe in the dinar, what's 20 bucks? Also, you get peace of mind too

Iraq is looking for more dinars to invest in agriculture so that it can be self sustaining in grains in three years. Currently, Iraq imports half of its grains it needs. The United States and Australia are Iraq's largest importers of grain. It recently signed 12 contracts to import 850,000 tons of wheat from those two countries. Iraq has made good progress since after the fall of Saddam, but becoming self-sufficient grains would be a huge step. In addition, investing dinars in agriculture will produce a great number of jobs. Iraq is starving for employment opportunities. Agriculture, a labor and capital intensive industry, will be a great source of jobs for Iraqi citizens. It is an important industry as Iraq cannot solely rely on its oil industry to drive its economy. Investing in its domestic agriculture industry will allow Iraq to keep food costs down for its citizens and is the next step for Iraq becoming independent. Furthermore, having stock piles of grains is also a great measure as agricultural output is variable from season to season. Iraq will be less dependent on other countries to provide food for its citizens. Domestically grown grains save shipping costs and contributes to the local economy. These agriculture investments are essential for morale. As more jobs are created, Iraqi citizens will be able to produce, contribute and provide for their families. Citizens will become more confident and establish themselves, lessening the appeal of joining insurgent groups that stand to threaten the stability of Iraq. The dinar has a lot to gain with the growth of the agriculture industry. This industry provides the most basic need of its citizens: food. If Iraq can become self-sustaining in grains in three years, not only will it reduce massive amounts of costs in importing food, but it will also increase the number of gainfully employed Iraqis. This is one of the most important priorities for Iraq - providing jobs. The recent protests centered around the lack of jobs and if the Iraqi government can see these investments through to create more jobs, Iraqi citizens will see that the government is working for its people. Iraq needs to have a cooperative relationship between its government and its citizens for the future of its country and the dinar. Copy and pasted from: http://dinarprofits.com/iraq-wants-more-dinars-for-agriculture/

So sorry to hear about your troubles, I hope they get resolved soon. I've been using Dinar Profits for a couple of years now. I highly recommend them.

The UN is pledging over 600 million dollars or over 700 trillion dinars to help Iraq rebuild and provide public services and employment opportunities. The UN is looking into improving Iraq's public sector and focusing on education, water and sanitation and health services. It is also supporting programs that provide equal employment opportunities for both women and men. These are much welcomed initiatives in Iraq. Lack of quality public services and employment opportunities have been at the foundation of the Iraqi protests. The UN's support is a great start in improving the quality of life for Iraqis. It will take a great effort to execute and achieve these goals. The Iraqi government must be willing to work together with the UN to realize these efforts. The UN's involvement with Iraq is a testament to how far Iraq has come. Shortly after Iraq formed a government, UN sanctions were lifted and now the UN is pledging big money to help Iraq back on its feet. Iraq must not take this opportunity for granted and show that it can be a cooperative partner to the international community. More importantly, Iraq must show that it is doing its best to promote the interests of their citizens. This has been the Iraqi government's biggest criticism. Maliki has taken steps to show that he is listening, but his attempts to quell the protests are short term solutions. Reducing salaries, subsidizing electricity and conducting a government review do not solve Iraq's problems. This collaborative initiative with the UN has the potential to resolve Iraq's issues and push Iraq forward. Long term solutions are essential for the dinar. No quick fix is going to strengthen the value of the dinar. Iraq must rebuild and resolve its issues, this is at the heart of the value of the dinar. Iraq must demonstrate that it is stabilizing and solidifying its country by taking actions that promote the long term well being of the country. This is real progress and the dinar needs progress. Source: http://dinarprofits.com/un-to-help-iraq-rebuild-dinar-news/

I'd recommend calling dinar dealers so that you feel comfortable dealing with them. Saving 30 bucks really isn't much for having peace of mind that you're going to get what you want. Also, in the long run, if it RVs, 30 bucks is nothing. I've tried all the sites, my last purchase was with Dinar Profits, went smoothly. But it's up to you.

yeah I've used Dinar Profits four times, haven't had a problem

Prime Minister Maliki is encouraging South Korean companies to invest in Iraq. The South Korean Minister of Economy, Choi Joong Kyung met with Maliki in Iraq to discuss possible investments. Korea is looking to contribute to reconstruction efforts. South Korea would be a key trade partner for Iraq. Iraq is diversifying its investment relationships in Asia. China is a huge economic partner and while Korea would not invest as much as China, it will still be a major trade relationship. This relationship could motivate more Asian countries like Japan and India to invest more in Iraq. As announcements of more countries that are investing in Iraq come about, it is adding more credibility to the security and stability of Iraq in the eyes of foreign investors. These trade relationships are also critical for political relationships. As Korea and Iraq begin to trade, they will learn more about each other and gain understanding. This is crucial for Iraq as it is working on establishing better foreign relations. The more trade partners Iraq can get, the better it is for them politically. There needs to be more communication between Baghdad and the rest of the world. Iraq is seen as a war torn, unstable country. This is not the perception Iraq wants or needs, nor is it what the dinar needs. The more back and forth there is between other countries, the more Iraq will be able to showcase itself. Part of the negative perception of Iraq is due to the lack of information. As Iraq forms more connections and nurtures these relationships, the world view on Iraq will change - and it's most likely for the better. Iraq has done a great job with setting up their oil trade and attracting foreign investment. It is working through political matters and Iraq is moving forward by listening and responding to its people. The dinar will also benefit from more trade partners. With Korea, the Korean firms who want to buy Iraqi products must now use the Korean Won to buy dinars. The more widely traded the dinar gets, the better, as it will potentially allow the dinar to be on the public market. Trading with Korea is a step in the right direction. Iraq really has done a great job of getting investors into Iraq, it is up to them now to keep investors in Iraq. This will be the true test and if Iraq can maintain great economic relationships with other countries, more countries will buy dinar, creating more demand for the dinar, which will help boost the strength of the dinar. Source: http://dinarprofits.com/maliki-invites-koreans-to-invest-buy-dinar/

Along the same lines: Prime Minister Maliki is planning to name key security ministers and his plans for economic reform tomorrow in response to the protests by the Iraqi people. Maliki will name candidates for the defense, interior and national security posts in his cabinets. These are extremely important posts as security is a major concern in Iraq as it affects political and economic relationships, domestic stability and the dinar. Maliki's candidates must have the experience and broad appeal to gain favor from parliament, who will endorse or reject his appointments. These posts have been vacant or occupied by Maliki himself since forming a government in December. It is unclear what the delay was, but these announcements will be met with eagerness as these positions yield a lot of power and will work intimately with Maliki. In addition, the recent protests also adds emphasis to these decisions. For the dinar these security ministers are a very important piece. These ministers will need to restore confidence in the global community that Iraq is stable and has a handle over its domestic matters. The value of the dinar is affected by this confidence and these next ministers must make it a priority. Furthermore, these ministers must gain the trust of the Iraqi people as these protests have shown how wary Iraqi citizens are of their own government. The announcement of Maliki's plan to move Iraq forwardly economically is also met with anticipation. Maliki must address what is at the root of the protests - the lack of reliable government services. There is still no reliable electricity, Iraq's unemployment rate is around 15% and the citizens do not trust that the government has their best interests at hand. This is Maliki's opportunity to address these concerns. How will the citizens respond? Will they be appeased? Will they believe Maliki? These announcements will be critical in resolving the current situation. Iraqi citizens must also be willing to listen, both parties must work together to resolve these issues and move Iraq forward. from: http://dinarprofits.com/maliki-to-announce-ministers-tomorrow/

Iraqi citizens have taken the streets and are protesting the lack of public services, lack of jobs and general mistrust of the Iraqi government. And you know what? I don't blame them. If you were living in Iraq right now, you wouldn't have reliable electricity. Think about how hot it gets in the summer in Iraq. Wouldn't you be angry if you only had air conditioning two hours of the day? In addition, Iraq's unemployment rate is around 15% and the government hasn't done all that much to help it seems. With all that being said, there's still a lot of good that could come from these protests. And that good is also good for the dinar. 1. Put fear in Maliki With the Egyptian revolution still fresh in the minds of every one in the Middle East, Maliki has to worry about losing his people. Iraqi citizens realize this and running with it. These protests are causing Maliki to listen. Maliki does not want these protests to get out of control because it will undermine his authority. With respect to the dinar, if Iraqi citizens get what they want: reliable electricity and more jobs, of course it will help the dinar. More Iraqis happy and working - isn't that what will make Iraq more stable and strong? 2. Promote democracy in Iraq The Iraqi people aren't calling to upend the current government and get a new one, it's demanding reform from the politicians they elected. Protests are essential for democracy, as people's voices are heard. This has not been the norm for Iraq. As these protests move forward and hopefully bring change, Iraqi citizens could become more empowered to use their voice to improve their lives and Iraq. 3. More confidence in Iraq How could these protests put more confidence in Iraq? It all depends on how Iraq comes out of this. If Iraq can maneuver through these protests in a way that pleases its citizens and restores peace, the Iraqi government has done something right. This will have ripple effects to the dinar. Private investors will see how the Iraqi government defused this situation and be more confident in the security of their investment. More dollars, yens, yuans, francs, euros and pounds will be converted to dinars. More business transactions and larger deals will be signed by Iraq and foreign companies. More dinars will be exchanged. The market for dinars will become more active and hopefully the dinar will be publicly traded and reflect its true value. Source: http://dinarreport.blogspot.com/2011/03/3-protest-positives-for-dinar.html

Iraq is planning to build a port south of Basra in order to modernize its transportation infrastructure. The project, known as Grand Faw port, will create more docks and a new railway to transport goods across Iraq. The new rail will be able to reach Europe faster than going through the Suez Canal by ship. The project is expected to cost over 7 trillion dinars and will take about four years to complete. The updates to Iraq's transportation system are much needed as Iraq begins to do more foreign trade. These improvements will allow for more reliable and faster delivery, which will lower the barrier in doing business with Iraq. Iraq has not decided the specifics in financing the project, but have spoken to investors from Australia, France, Germany, Italy and the UAE. With easier paths to trade goods with Iraq, it means more dinars will be traded as well. As more dinars are traded, the market for dinars will become bigger and eventually, the true value of the dinar should be revealed. The Grand Kaw port project is an exciting undertaking as it will improve foreign trade in Iraq and is essential for building foreign relationships. With the increase in oil prices, Iraq stands to reap in huge profits and will be able to fund projects like these that will only bring in more dinars to the economy. Iraq, economically, is forward thinking and is already in talks to build an airport between Najaf and Kerbala, further increasing investment access to Iraq. Iraq is doing a great job in rebuilding its infrastructure. It has attracted lots of foreign investment and have undertaken very large projects that will benefit Iraq for years to come. These projects, once under way, will provide many jobs as well. However, the difficult part is that these projects take time to even get started, much less complete. There are a lot of legal issues and regulations companies must deal with before any project can get started. As a result, jobs don't get created immediately and Iraqi citizens get frustrated because there are no new jobs available. Although, the jobs will come, it will just take time. Therefore, Iraq must strike a balance between investing in long term infrastructure projects that have a long cycle to get completed with other small improvement projects that will create a few jobs immediately. Overall, Iraq and the dinar are moving forward, it will take time, but they are moving in the right direction. Source: http://www.dinarprofits.com/7-trillion-dinar-project-planned-port-faw/

Copy & pasted: The Iraqi government is planning another oil and gas auction for the final quarter of this year. Iraq would like to ramp up its oil output and harvest more natural gas to resolve the electricity shortage. Iraq currently only produces about half of its electricity needs. Iraq is optimistic about its next auction and the prospect of more foreign oil companies participating. Companies like BP and Exxon are ramping up oil production and if this continues, Iraq will become one of the top oil producing nations. To read more see: http://online.wsj.com/article/SB10001424052748703312904576146523736707548.html?mod=googlenews_wsj Analysis: Iraq is in a prime position, but must remember that there are still concerns it must address. Namely, security. Will Iraq be able to sustain this rate of foreign investment? In order to do so, they must make sure that investors are rest assured of the stability and security within Iraq. This is analogous to the dinar as well. Iraq has an opportunity to prove itself with these high profile oil contracts. It is time for Iraq to shine and hopefully the dinar will follow suit. Source: http://dinarprofits.com/another-oil-and-gas-auction-ahead/ Interesting, I wonder how these new auctions will compare to the other ones. The oil companies will have a good idea of what improvements Iraq has made. I think these next auctions will be a good indicator of how confident other nations are of how things are going in Iraq. Let's see if these companies put more money into Iraqi oil.

Copy & pasted: Japan's state run oil company, Japan Oil, Gas and Metals National Corporation (JOGMEC) is planning to invest 198 million dollars (232 trillion dinars) to develop Iraq's Gharaf oilfield. Malaysia's state oil firm, Petronas is also expected to invest with JOGMEC and the consortium expects to invest up to 8 billion dollars. The group is projecting oil output around 230,000 barrels per day by 2016. This is a very strategic investment for Japan as they are looking to "strengthen and deepen a relationship with Iraq," as noted in a statement by JOGMEC. Full article (http://www.iraq-businessnews.com/2011/02/11/japans-jogmec-to-invest-in-gharraf-oilfield/) Analysis: Iraq is attracting more and more foreign investment, especially from countries that need energy to sustain growth. With every foreign country that invests in Iraq, more and more dinars are being bought and traded. This is how the dinar will become a widely traded currency. In addition, not only are economic relationships built, political relationships are also forged. This is the perfect opportunity for Iraq to hone its diplomatic skills. As Iraq fulfills its economic agreements, more foreign investors will come and Iraq will reach its potential in becoming a major player in the global economy. Iraq's oil reserves are too vast to ignore and both Iraq and growing countries are depending on each other to meet their needs. Source: http://dinarprofits.com/japan-invests-198-million-iraqi-oil/

Copy & pasted: Japan's state run oil company, Japan Oil, Gas and Metals National Corporation (JOGMEC) is planning to invest 198 million dollars (232 trillion dinars) to develop Iraq's Gharaf oilfield. Malaysia's state oil firm, Petronas is also expected to invest with JOGMEC and the consortium expects to invest up to 8 billion dollars. The group is projecting oil output around 230,000 barrels per day by 2016. This is a very strategic investment for Japan as they are looking to "strengthen and deepen a relationship with Iraq," as noted in a statement by JOGMEC. Full article (http://www.iraq-businessnews.com/2011/02/11/japans-jogmec-to-invest-in-gharraf-oilfield/) Analysis: Iraq is attracting more and more foreign investment, especially from countries that need energy to sustain growth. With every foreign country that invests in Iraq, more and more dinars are being bought and traded. This is how the dinar will become a widely traded currency. In addition, not only are economic relationships built, political relationships are also forged. This is the perfect opportunity for Iraq to hone its diplomatic skills. As Iraq fulfills its economic agreements, more foreign investors will come and Iraq will reach its potential in becoming a major player in the global economy. Iraq's oil reserves are too vast to ignore and both Iraq and growing countries are depending on each other to meet their needs. Source: http://dinarprofits.com/japan-invests-198-million-iraqi-oil/

Full text below: 19,000 houses will be built in Najaf for over 19 billion dollars. 17 investment licenses have been approved to pursue this project. The Najaf Investment Commission has been very busy as over 125 licenses have been approved in all fields to both Iraqi and foreign companies. These projects are scheduled to be implemented over the next two years. These projects are set to resolve the housing crisis in Najaf. Original article (http://www.iraq-businessnews.com/2011/02/09/licences-to-build-1-9-billion-houses-in-najaf/) Analysis: Iraq is going through major renovation projects and this is a great example. Iraqi and foreign companies are in huge demand to rebuild infrastructure. Housing is a critical project and along with reliable electricity, these projects combined will dramatically increase the quality of life for Iraqi citizens. Amidst all of the protests in Iraq, the Iraqi government must do a good job of communicating all of the work it is already doing to better the country. The most difficult part is that these projects cannot be completed overnight. The government must be sincere in its promises and the citizens must be patient to allow these projects to come to fruition. Then, the government must fulfill its promises. This is the last, but the most important step. The completion of these projects are important for the strength of the dinar, but more importantly, for the morale of Iraqi citizens. Iraqi politicians have a responsibility to come through on its promises and move the country forward. Iraqi citizens have a right to demand change and to have their voices heard. Overall, better communication and fulfillment of projects will move Iraq forward and restore confidence in the dinar. Source: http://dinarprofits.com/1.9-billion-housing-project/

Here's the article text: It was reported that the Iraqi government economic adviser is encouraging private banks to merge in order to increase capital holdings and consolidate power (View full article at: http://www.iraq-businessnews.com/2011/02/08/iraqi-banks-urged-to-merge/) So what does this mean? Merging banks will allow for larger financial institutions that can fund larger projects, deals and trades. It will also give more bargaining power to these banks in order to get favorable terms. There is a place for larger, commercial banks as well as smaller, local banks. Bank mergers in a fragmented market will create commercial banks that will strengthen Iraq's financial sector as it becomes more sophisticated. It is important for Iraq to have a strong financial industry as its oil trade heats up. As foreign investors enter the market, a strong commercial banking presence is needed to negotiate, underwrite and fulfill these deals. It is in Iraq's favor to have some banks merge to create larger commercial banks. Will this affect the dinar? Initially, the dinar won't be affected much if banks consolidate. However, in the future, it is foreseeable that the a strong commercial banking industry will have positive externalities on the dinar. These banks will make it easier to do global trade and enable the dinar to be more widely traded. The dinar will be exchanged against other foreign currencies and as a public market is created, the true value of the dinar will be reflected. Source: http://bit.ly/eKgYfY

thanks for the clarification! It seems like he does give a ringing endorsement about investing in Iraq in general.

Full article copy & pasted: The US ambassador to Iraq, James Jeffrey, has expressed confidence in the future security in Iraq as well as Iraq's strategic relationship with the U.S. after U.S. troops pull out in late 2011. A large number of civilians will remain behind that will work in two embassy branches, two consulates and three police training centers. The estimate is 20,000 people, which will also include private security forces. Ambassador Jeffrey has emphasized that this is a historic moment in which America has a change to finish the job and provide the foundation for a strategic relationship with Iraq, both politically and economically. The U.S. have invested billions of dollars to maintain stability in Iraq and for it to regroup economically. Iraq has done an admirable job in rebuilding its oil trade and it looks like all parties involved stand to benefit. Jeffrey's confidence in Iraq also bodes favorable for the dinar. He is correct in that the U.S. troop pullout in late 2011 is a historic moment which will reveal how successful the U.S. was in Iraq. The answer cannot be fully complete until years after the withdrawal, but the changes in the value of the dinar could give some insight. As Iraq restores political confidence from the international community, there will be more confidence in the dinar which will support and justify a higher value. Source: http://dinarprofits.com/us-amb-confident-of-us-mission-in-iraq/

Copy & Paste: Oil production is set to increase 70% to 170,000 barrels per day by the end of 2011. The extra barrels will come from the Halfaya oil field. A Chinese led consortium has won the licenses to drill new wells in Halfaya. The extra production in oil further supports Iraq's aggressive pursuit of its oil trade and its deft execution. Iraq is in position to reap in huge profits in the near future as the dozens of contracts and licenses it has sold begin to materialize. China has been making huge bets in Iraqi oil to quench its thirst for energy. China is growing at a rapid pace and it is pushing hard to fuel its growth with Iraqi oil. China has multiple oil contracts with Iraq and it is looking to become a strategic trade partner as Iraq has many construction and infrastructure projects that Chinese companies are bidding on. China was one of the first countries to express confidence in Iraq's economic potential by investing early and investing large in Iraqi oil contracts. The large amount of trade between Iraq and China bodes well for dinar as the dinar and yuan must be interchanged frequently. With China as a major trade partner, perhaps the dinar and yuan will become a currency pair traded on the public foreign exchanges. This is a little far off in the future, but it could be a possibility. As the dinar is publicly traded, the true value of the dinar will be reflected through the market forces that are not present in the private market. Overall, China's vote of confidence in Iraq is a big step toward Iraq become a major player in the global economy. Source: http://dinarprofits.com/oil-output-to-increase-in-missan/

Some more about security in Iraq. #1 priority? As American troops are pulling out of Iraq, there are concerns about the future stability and security of the country. The U.S. plans to increase its civilian presence as troops leave to support economic development efforts within Iraq. However, without the American military presence, will there be a sharp rise in insurgent activity? Will the newly democratically elected government change its behavior once U.S. troops are no longer relevant in Iraq? What about the dinar? We have seen intermittent uprisings of insurgent activity in the past six months, but nothing that has been sustained. American troops are training Iraqi forces to take over after all U.S. troops pull out. There has been some debate as to if Iraqi troops will be ready, but American officials have expressed confidence in the Iraqi troops. Security is the number one priority for Iraq and the dinar. Violent outbursts disrupt Iraq's progress and are distractions that the dinar does not need. For the dinar, it is all about regaining confidence and the best way to start is by suppressing insurgents. Pure military force is not the best way to prevent insurgency. Civilians must regain confidence in the government so that joining insurgent forces is not appealing. This means creating jobs. Most civilians who join violent groups do so to provide for their family. It's the last resort as these groups offer financial incentives. If there were other viable alternatives that contribute to rebuilding Iraq, the threat of insurgency would significantly subside. More jobs means, more dinars being used to promote Iraq's economy. While Iraq can live off of oil profits, for the dinar to strengthen, domestic trade must be bolstered. All of these issues are intertwined and affect the dinar. The ultimate scenario would be a significant revalue and for the dinar to be publicly traded as a currency pair. Iraq is slowly moving forward to play this scenario out, but we must keep in mind that to get from step one to step ten, we must go through the nine steps in between. First things first, security. This is the biggest challenge Iraq has. The Iraqi government must put the people first. Working in the best interest of its citizens is the most effective way to provide domestic security, not military strength. Source: http://www.dinarprofits.com/iraq-dinar-at-critical-turning-point/

Article copy and pasted: First of all, prayers go out to all of the people in Egypt. The riots and protests have turned violent as Egyptians have clearly demonstrated their disgust with the political situation. Only time will tell how other nearby countries will respond to Egypt. The reverberations will continue long past when the riots die down. So, what does this mean for Iraq? Could the unrest spill over into Iraq? How will this affect the dinar? Iraq is watching this closely. Iraq has had its share of instability, but they are finally on the upswing. The government is moving forward and albeit slow, it has made the first steps in improving the lives of Iraqi citizens. First and foremost, Iraq is investing in its electric infrastructure to deliver reliable power to all households. Violent protests broke out this past summer because of unreliable power as temperatures rose to unbearable heights. This led to the resignation of the electricity minister as he received threats and citizens protested for his resignation. The protests in Egypt clearly demonstrate the power of unified citizens. Iraq must keep moving forward to avoid civil unrest. The government must uphold its commitment to do what is best for its citizens. Egypt is a wake up call for what could happen when citizens band together to demand change amidst extreme frustrations. It is unlikely violent riots influenced by Egypt will occur in Iraq. Iraq and Iraqi citizens know how much progress they have made and how much farther they need to go. The key component that is keeping it together is all of the foreign investment coming into Iraq. Iraq is changing - literally. Infrastructure projects are underway and these will change the Iraqi skyline very soon. And of course, oil. Iraq has done an impressive job of building out its oil trade to put them selves in a great position to reap oil profits. This is what's at stake for Iraq. Iraq has too much to lose. The Iraqi government knows and so do the citizens. Both must work together to move Iraq forward. The way Iraq responds to the Egypt is an opportunity for the dinar to hold its value. If the Iraqi government can move forward and not falter amidst this unrest throughout the Middle East, it will give more confidence to the dinar. It will give more legitimacy for a high RV exchange rate. In addition, Iraq's oil trade during this chaos is still looking strong. This is a critical time for Iraq to prove to the world that they have turned the corner and a RV is justified. Obtaining the confidence of the international community is essential for the RV to happen. A significant RV will dramatically change the global economic and political landscape - Iraq must tread carefully and execute in a way that takes this into consideration to avoid negative backlash that would offset the financial gains of an RV. Chaotic times are opportunities for Iraq to show its strength and improve the value of the dinar. Source: http://dinarprofits.com/will-unrest-in-egypt-affect-iraq-dinar/