Through a Presidential Order, 13303 US Citizens are now able to invest in the new and reformed Iraq. With the passing of this Presidential Order, US Citizens now have exact investment rights of Iraqi Citizens - this new order allows the restructuring of the banking system in Iraq and US Citizens are able to take full advantage by investing in the Iraqi Currency, by purchasing and trading in Dinars. In addition, Citizens of the US are able to invest in stocks, real estate and business within Iraq.
The present Iraqi Dinar was introduced as the official newly designed currency across Iraqi on the 15th October 2003, and the old Iraqi Dinar was valued at the same exchange rate as a the new Iraqi Dinar. It was on the 15th January 2004 when the old Iraqi Dinar was no longer accepted as legal tender in the country. The history of the currency of Iraqi is certainly eventful and interesting and by the time that new Iraqi Dinars became legal trade within Iraqi, the currency has been through many name and face changes.
The current Iraqi Dinars are now printed by the De La Rue Company which is based in both the United States and Britain and is currently valued at just two tenths of one cent today. However, presently the US Treasury has embarked on a strong Dinar policy and is working together with the CPA or Coalition Provisional Authority in an effort to reinstate a forceful decentralized banking system within Iraqi. This effort was realized and 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. By the middle of 2005, three banks were granted licenses to operate in Iraq, namely the National Bank of Kuwait, HSBC Bank and the Charter Bank of England.
From an investment viewpoint, an investment in Iraqi Dinars is a wise move, the country is experiencing great growth opportunities and financial interest and foreign investment is growing in the New Iraq. The Iraqi Dinars supplied by Dinar Trade have not been circulated and are authenticated on a De La Rue Machine. The COD service offered by Dinar Trade will see your Iraqi Dinars shipped to you within 24 hours. This swift and exceptional services, extends to those wishing to sell their Iraqi Dinars, and Dinars Trade will buy them from you at the Central bank of Iraq price.
For more information on the monetary history of Iraq or for more information on the exciting new investment opportunities which exist in Iraq, browse our fully comprehensive website, www.dinartrade.com. By educating yourself on the pros and cons of investments through Iraqi Dinars you will be able to gain access to a great new way of investing, as well as assist Iraq to rebuild their country and thus empowering thousands of Iraqi people. An investment in Iraqi Dinars is an innovative and new way to secure your future. |