By John Lee. Back in January, Iraq Business News ran an online survey asking opinions on a revaluation of the Iraqi dinar following the inauguration of US President Donald Trump. This survey did not pretend to be scientific, as respondents were self-selecting, leading to a high risk of sampling bias, but it served to show […]
By John Lee. Just a month ago, Iraq Business News ran an article examining the possible connection between support for Donald Trump and a belief in the Iraqi Dinar revaluation theory -- the idea that the Iraqi Dinar (IQD) will revalue ("RV") to as much as 1000 times its current value. You can read the […]
The Rabee Securities ISX Index (RSISX) fell 6.7 percent in the first week of 2016, reflecting the mood in world markets generally, to end the week at IQD 1017. This follows a drop of 22 percent in 2015 (closing at 1090), and more than 25 percent in 2014. The question for investors is where does […]
By Padraig O'Hannelly. Much has been written about the expected lifting of sanctions on Iraq's powerful neighbour, Iran, opening Iranian markets to international commerce and allowing Iran to export more goods and services. But the burning question on the streets of Baghdad, Basra and Erbil is what does all this mean for Iraq? In a […]
Last week, the Rabee Securities ISX Index (RSISX) gained 2.9 percent to end the week at IQD 1058, reversing its recent sharp downward trend. But the market is still 24 percent below its level at the start of the year, having already lost more than 25 percent in 2014. The question for investors is where […]
Iran's increasing influence on Iraq is very obvious, commercially, politically and militarily, but did the Saudi Arabian Foreign Minister go too far in claiming that "Iran is Taking Over Iraq"? The claim has been rejected by Iraq's Foreign Minister, who also pointed to his country's improving relations with Saudi Arabia. But what do, our readers, […]
