Tag Archives | dinar

Iraqi 100-Dinar Note sells for $39k

By John Lee. An Iraqi 100-dinar note has reportedly sold at auction in London for £29,760 ($39,161). The rare 1942 note features a portrait of King Faisal II as a child, and beat the estimate of £10,000 to £15,000. According to Coinworld, it was bought by "an advanced collector of Iraqi paper money and coins." […]

"Dinar Debacle" pits Iraq's FM against Sadrists

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Dinar debacle pits Iraq's finance minister against Sadrists Iraq's finance minister is caught in a worsening confrontation with the Sadrist Movement. The clash erupted after Shiite cleric and politician Muqtada Al-Sadr took to […]

Economist Recommends Re-Valuing Iraqi Dinar

By John Lee. An Iraqi economist has said that re-valuing the Iraqi Dinar could be considered if certain conditions were met. Dhurgham Mohamed Ali is quoted by Shafaq News as saying: "The exchange rate of the dollar should be gradually reduced to 1,300 dinars [from the current 1,460 dinars] while keeping an eye on the […]