- January 14, 2013
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Important Updates About Iraqi Dinar And Tips to Invest in Iraqi Dinar
As Iraq relaxes from oppression and worst security conditions, making an effort to rebuild the country and continues to increase the production from its rich and natural oil reserves and the success of its currency i.e. Iraqi dinar is domineering to the success of a young democracy. AS you know new Iraqi dinar was introduced in 2003 with latest denominations and new design and with more security features. The aim of issuance of new currency was only to contribute to the success of the economy and to give stability to the derail economy of Iraq.The central bank says that Iraq’s currency i.e. Iraqi dinar has risen to 45% of its value since its issuance in 2003. At the time of issuance of Iraqi dinar in 2003, Iraqi dinar value was 3500-4000 Iraqi dinars per USD and now Iraqi dinar value is 1170 Iraqi dinars per USD. And from this you can find your own how this value has got to make a difference with the rise in economic conditions of Iraq.
As Iraq continues to rebuild its economy and matures in its democracy, news in this regard will continue to emerge. As part of ongoing commitments with customers, Central Bank of Iraq is fulfilling its obligations and responsibilities. Iraqi dinar has become one of the most selling currencies of the world and every day near about 20000 people are doing Dinar Investment to get the profit and with the rising of Iraqi dinar’s popularity.