Economist: IQD experiencing ‘remarkable’ increase; Expectations of higher value. Global trading

Posted by on Oct 27, 2013 | Leave a Comment

The high value of the dinar

07/09/2013 12:00 AM

said economic expert d. Peace Sumaisem: that the Iraqi dinar is witnessing a remarkable increase in value, especially in recent times, and after the withdrawal of Iraq from Chapter VII.

Added Sumaisem told (morning): that there are several countries want to buy the dinar because it represents the currency of financial cover strongest in the region as well to being represents one of the aspects of investment for foreign investors, noting that there are expectations of higher value of the dinar to rates close to the standard which makes it desirable in global markets.

explained Sumaisem the global currency markets is going according to the principle of expectation of higher currency or decline, and on the dinar, there are projections indicate to increase the value of the dinar in the global markets,

He Astdrki that the fluctuation in the exchange rate within the country significantly affect the value of the dinar abroad.

It is worth mentioning that there is a website American trading buying and selling Iraqi dinar since 2004.

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