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With the passing of the Presidential Order 13303 Citizens of the United States are not able to invest in the newly reformed country of Iraq. It is through this Presidential Order that US Citizens are afforded the same investment rights as Iraqi Citizens, which allows them to invest by way of the Iraqi Dinar - by either purchasing or trading in Iraqi Dinar, in so doing these investors are assisting with the restructuring of the banking system within Iraq. Citizens are now provided with investment opportunities in real estate, stock and other business interests within Iraq.
The Iraqi Dinar which is the latest currency of Iraq was official introduced as the latest designed currency for Iraq on the 15th of October 2003. With the introduction of the new Iraqi Dinar, the value remained the same and exchanges of old to new could be made at an exacting exchange rate, which is one old Iraqi Dinar would be equivalent to a new Iraqi Dinar. By the beginning of 2004 the old Iraqi Dinar was no longer considered legal tender. The history and journey of the new Iraqi Dinar is certainly eventual and interesting, as the currency of Iraq has changed names and faces many times during the course of history.
Da La Rue, which has its headquarters in both the United States and Britain are responsible for printing the newly-designed and authenticated Iraqi Dinars, which are currently valued at just two tenths of one cent today. However this fact is destined to change, as presently the US Treasury has embarked on a strong Iraqi Dinar policy and is working with the CPA or Coalition Provisional Authority in an effort to reinstate a forceful decentralized banking system within Iraqi.
The efforts of the CP and US Treasury were successful, because by the end of 2004, the Iraqi banking system saw the operating of six Western Banks in Iraqi, as well as six Iraqi banks outside the borders of Iraqi. As at the middle of the year 2005, three banks were granted licenses to operate in Iraq, namely the National Bank of Kuwait, HSBC Bank and the Charter Bank of England. Through this very vein, an investment in Iraqi Dinars is an astute move as the country is undergoing incredible growth opportunities and financial interest and foreign investment is mounting in the New and reformed country of Iraq. The Iraqi Dinars supplied by Dinar Trade have not been circulated and are authenticated on a De La Rue Machine. In addition, the COD service offered by Dinar Trade will ensure that you valuable Iraqi Dinars are couriered to you within 24 hours. This speedy and exceptional service extends to those wanting to sell their Iraqi Dinars, and Dinars Trade will buy them from you at the Central bank of Iraq price.
If you are interested in learning more about the monetary history of this culturally rich country, or should you merely require more information on investment opportunities which currently existing in Iraq, through the Iraqi Dinars, browse our comprehensive website, www.dinartrade.com.
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