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Why Investing in the Iraqi Dinar Is a Bad Idea

By Jon Neilsen, for CoinCodex. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Why Investing in the Iraqi Dinar Is a Bad Idea Some people are buying the Iraqi Dinar (IQD), the national currency of Iraq, in the hopes of striking it rich. But

Iraq , Jon-neilsen , Iraq-business , Central-bank-of-iraq-cbi- , Dinar , Dinar-exchange-rate-news , Dinar-revaluation-news , Featured , Iqd , Iraqi-dinar-news , Re-denomination

Markets Look Through Escalating Tensions??? | Iraq Business News

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Markets Look Through Escalating Tensions??? The market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 8.8% for the month. Over

Ukraine , Iran , Red-sea , Djibouti-general- , Djibouti , United-kingdom , Iraq , Syria , Iraqi , Ahmed-tabaqchali , Exchange-rate , Iraqi-foreign-exchange

EU urges Kosovo to delay euro currency requirement amid tensions

The European Union urged the government of Kosovo to delay plans forcing ethnic Serbs in the country to replace the Serbian dinar with the euro, amid...

Kosovo , United-states , Serbia , Russia , Brussels , Bruxelles-capitale , Belgium , Metohija , Podujevo , Belgrade , Serbia-general- ,

Iraqi Cabinet pushes for State Contracts in Dinars

By John Lee. As part of financial and economic reforms, the Iraqi Cabinet has endorsed recommendations to conduct all state contracts within Iraq in Iraqi dinars. There will be exceptions for ongoing external grants, loans, and agreements, and new contracts involving foreign grants, loans, and agreements may adhere to agreed-upon foreign currency terms, as specified

Iraq , Iraqi , John-lee , Central-bank , Ministry-of-finance , Iraqi-cabinet , Cg , Currency , Dinar , Featured , Forex , Iqd

Warcraft Will Have Three Patches And Fated Raids Before The War Within

World of Warcraft’s modern edition will have three content updates and something like Fated raid instances before The War Within expansion launches next year.

Blizzard-entertainment , Shadowland-fated , War-within , Ion-hazzikostas , Mythic-plus , World-tree , Season-three , Season-four , Shadowlands-season-four , Shadowlands-dinar , World-of-warcraft

Central Bank of Iraq Resumes Sale of Gold | Iraq Business News

By John Lee. The Central Bank of Iraq (CBI) has decided to resume the sale of gold ingots and coins starting on Wednesday, November 8, 2023, using an electronic platform. The bank has confirmed that both government and private banks can apply to purchase gold ingots and coins through a dedicated online platform, emphasizing that

Iraq , John-lee , Central-bank , Banking , Cg , Currency-reserves , Dinar , Featured , Gold , Iqd , Mn , Iraq-banking-amp-finance-news

No Ban on Dollar Withdrawals in Iraq | Iraq Business News

By John Lee. The Central Bank of Iraq (CBI) has clarified that, from 1st January 2024, it will still be possible to withdraw dollars from a dollar account at an Iraqi bank. This contradicts recent media reports which suggested that all dollar withdrawals would be blocked from this date. In a statement, the CBI said:

Iraq , Iraqi , John-lee , Central-bank , Dedollarization , Dinar , Dollar , Featured , Iqd , Mn , Iraq-banking-amp-finance-news , Iraq-industry-amp-trade-news

Iraq to insist that Local Transactions are in Dinars

By John Lee. Iraq will require that all transactions inside the country are made using the Iraqi dinar from 2024, and not the US dollar. Statement from the Central Bank of Iraq (CBI): In a significant development, the Central Bank of Iraq, under the leadership of Mr. Ali Mohsen Al-Alaq, has revealed its plan to

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