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Report: Is the Iraqi dinar recovering?


DWS112
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15 minutes ago, DWS112 said:

With the economic boom led by the oil industry in Iraq, the national currency will rise eventually to reflect the true value of the oil indispensability of the country. It is likely to happen up when the central bank raises the value of the dinar.

Goooooood Morning!! 

Great article DWS112!  Thanks ever so much! 

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Thanks DWS 112...Another article directly mentioning the strengthening of the dinar...This article mentions the current resources available for Iraq...and not the potential wealth available in establishing their "Private Sector"...That's when the Iraqi economy is going to Boom....

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Here's A Highlighted Version Of It ...

 

(by don961)

 

There is no doubt that the main driving force of economic growth in Iraq, is its natural resources, which is
reflected in the large number of oil and gas fields, which have become

open to international trade. 

 

And investing companies from all over the world in the development of these resources, which is reflected in the increasing oil exports in the country. It seems that Iraq has fully recovered from the damage suffered in the time of Saddam Hussein's regime.

 

 And on further exploration of Iraq's oil reserves by international companies that are supposed to lead to a major increase in oil wealth, as well as known reserves in Iraq, it seems the country in spite of all these features have to form a geologist could reach the summit of wealth, unlike countries that spend a lot of money drilling, and this leads having to pay exorbitant costs for the extraction of oil. 

 

A good example of this, the advantages of Iraqi production. The country produces oil, despite the ongoing war in which, unlike Saudi Arabia, which it wants to increase spending to avoid bankruptcy of shale oil production. While oil producers have been affected in the United States because of an attack on Saudi Arabia over Yemen, Iraq still continues its production and sale of oil profitably.

 

The value of the country's economy as well as its currency, directly reflected in its natural resources, oil Valahtaatat large Iraqi, enough to push the young democratic economy to prosperity. Given that there is a need for oil, it is indispensable for gas all over the world. The Iraq can look forward to the continued growth through the growing role of the public oil supplier. 

 

 Although Iraq was not previously economically exists, but it has become clear and increasingly present a strong regional role given natural Mahmyate. In fact, Iraq's oil minister said recently that Iraq will produce 5 million barrels per day in the second half of the year 2017.

 

With the economic boom led by the oil industry in Iraq, the national currency will rise eventually to reflect the true value of the oil indispensability of the country. It is likely to happen up when the central bank raises the value of the dinar. 

 

In addition, the current political events play a key role in predicting the future of the national currency, and the "ban" on the Islamic countries, provoked by the US President, would have significant consequences for the Iraqi economy

 

The decision proved Trump by lifting the ban Iraq from the list of travel to the United States, a great benefit to the country's currency for other foreign currencies Iraqis exchanged more advantageous prices. 

 In any case, it seems the Iraqi dinar waiting for a bright future, in the end it is important to note that Iraq offers a wealth of investment opportunities in many industries with high-based oil and gas reserves of the economy.

 

 These opportunities will become more pronounced in the coming years, as the government will continue to provide new

possibilities for international investor 

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DWS112, DT, Thanks for the excellent article and we all look forward to the "IQD" true real value in the very near term.....:D

4 hours ago, DWS112 said:
The decision proved Trump by lifting the ban Iraq from the list of travel to the United States, a great benefit to the country's currency for other foreign currencies Iraqis exchanged more advantageous prices.
 In any case, it seems the Iraqi dinar waiting for a bright future, in the end it is important to note that Iraq offers a wealth of investment opportunities in many industries with high-based oil and gas reserves of the economy.
 

 

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1 hour ago, Freedomwish said:

"The decision proved Trump by lifting the ban Iraq from the list of travel to the United States, a great benefit to the country's currency for other foreign currencies Iraqis exchanged more advantageous prices"

We're getting there folks!! :twothumbs:

🙏🙏🙏.. Sooner than Ramadan's beginning I hope ..

Edited by NoviceInvestor
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27 minutes ago, Laid Back said:

I believe this year we will see the real market value of the dinar.!

Go oil and gas production 

Go diversification of the economy 

Go private sector

Go RV

Go 2017

Go Davis for first Canadian USA president

vote for me

i take bribes cash trips and a lot of under table stuff

here for all of u

trust me

and go trump

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6 hours ago, NoviceInvestor said:

🙏🙏🙏.. Sooner than Ramadan's beginning I hope ..

Keeping the faith!! :praying:

5 hours ago, tigergorzow said:

Freedomwish,  You are absolutely correct.....Target identified awaiting final order to "Launch"....:)

Hope someone at the CBI is ready to hit that "button" soon indeed!:praying:

4 hours ago, Gypsygirl11 said:

Oh baby, show me the money!!!  And thank you President Trump!!!   :bravo:

YUP YUP! :twothumbs:

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