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Showing results for tags 'Things seem to be heating up'.
OK All, this is not the huge move yet, but any movement in the rate indicates the RV may really be starting to move. Looks like maybe a float, but just bring it on... So hold on to those Dinars like a rope on a wild horse! After Iraq emerged from provisions of CH VII, IQD exchange rate soars against USD; Anticipates continues rise with confidence Posted: June 28, 2013 in Iraqi Dinar/Politics Tags: Chapter, Chapter VII, Chap 29-06-2013 Hours after Iraq concludes from the provisions of Chapter VII, the exchange rate of the Iraqi dinar soared against the dollar. As a member of the Association of private banks Saif Al hilfi, “Iraqi dinar exchange rate against the dollar has seen a return to normal levels after Iraq output resolution of the provisions of Chapter VII.” John said in an interview for (News Centre for the Iraqi media network): “the rate of the dinar against the dollar stabilized at 1210 dinars per dollar,” pointing out that the coming days would witness continuous rise of the Iraqi dinar value. and John explained that override the provisions of Chapter VII a huge benefit, and that everyone has confidence in Iraqi dinar, Iraq has large financial reserves. The next phase will witness a new investment trend is popular companies and investors and citizens to invest in the Iraqi dinar, stressing that the economic scene readings indicate a significant demand for the dinar will contribute to raising the price paid to foreign currencies.