Dinar Banker

Iraqi Dinar Market Rate Increased Says Iraq Banker

The bankers in Iraq are worried about the decreasing value of the Iraqi Dinar. They are holding onto the US dollar because they fear they will lose money as the Iraqi dinar decreases in value. Leaving the poor Iraqi to absorb the loss.

Dinar reissues slightly and some bankers are reluctant to sell the dollar


Iraqi Dinar Market Rate Increased Says Iraq Banker

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4 comments for “Dinar Banker

  1. Nathan Weller
    February 3, 2015 at 10:50 am

    Yeah some banks don’t want to get off the dollar smart card system. They
    feel safe in the dollar and not dinars. They don’t know what’s about to hit
    the gazette in this budget though. It’s a revalue. China made it happen
    with its US treasuries. 

  2. Nathan Weller
    February 3, 2015 at 10:52 am

    Your talking about history. These guys are worried about the future price
    of $1.13 dinar not 1250. Come on man. 

  3. Nathan Weller
    February 3, 2015 at 10:58 am

    Why do you think $56 is the oil rate in the budget? It’s because that’s the
    Chinese contract rate. Iraq used the US treasuries to purchase SDR’s which
    also cancelled enough currency to lop 3 digits off the right way increasing
    the value of the currency and solving the inflation problem. China is
    taking a big investment in Iraq. Its currency will only go higher after the

  4. Value Machine
    February 4, 2015 at 12:35 am

    the world bank wants to unpeg the dinar from the dollar. Iraq needs to
    fully implement that budget after the laws are voted and become a global
    market like they are supposed to be.

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