The assistant of the Central Bank Governor, Ahmad Sultan Al Jamili, said that re-basing the Iraqi dinar is a complicated process. He said that process of dropping three zeros from the currency will take long time.
Tag Archives | Iraqi Dinar News
Latest Iraqi Dinar News and Iraq currency news including foreign exchange, investment and finance.
An Iraqi Economist said on Thursday that the Central Bank began to reduce interest rates by approximately six percent for loans and four percent for bank deposits, to encourage investments in the country, after a series of robberies that took place recently on Iraqi banks. The expert said: “This shift reflects a new policy of […]
By Mark A. DeWeaver, of Quantrarian Asia Hedge Two good rules for emerging stock market investors have always been: (1) buy crises and (2) buy export booms. The first would have worked well in Sri Lanka in the weeks following the Tamil Tiger suicide attack on the country’s main airport in July, 2001. Had you […]