New Dinar
Home Page
Latest News
ORDER / Buy Dinar
Questions
Contact Us
Track Your Order
COD (Cash On Delivery)
Security Features
Iraq Monetary History
Sell Your Dinars
 
Dinar Value
 
25,000 New Iraqi Dinar Note
 
10,000 New Iraqi Dinar Note
 
 
 
 
Dinar Trade Inc
100 Wilshire Blvd Suite 950
Santa Monica Ca 90401
Tel: 661 472 8510
Toll Free: 1 877-770-7660
Email: sales@dinartrade.com
Latest News

 

Trade the Dinar CNBC

 

Iraq Vote in record numbers. 3/9/10

CBI’s dollar sales drop to 85m on Tue 3/9/10

The Iraqi dinar has all reasons to grow stronger,' says Prime Minister 3/5/10

Iraqis abroad begin voting in homeland's election 3/5/10

Iraq Opening to BP, Exxon Mobil, Shell for First Time 3/4/10

unity on economy the key 3/3/10

IMF: Iraq economy achieves substantial progress 3/1/10

Iraqi dinar re-evaluation has to do with economic conditions 2/28/10

Iraq Dinar Exchange Rates 2/25/10

IMF approves $3.6 billion loan for Iraq 2/25/10

al-maliki gambles on the deficit 2/24/10

Economic conf. kicks off in Kurdistan 2/24/10

Meeting in Basra on activating investment 2/24/10

CBI’s dollar sales down on Wednesday 2/17/10

Oil Ministry seeks to raise Thi-Qar’s production 2/17/10

Iraq Dinar Exchange Rates 2/17/10

Iraq Dinar Exchange Rates 2/10/10

CBI sells $186m on Wed 2/10/10

Lukoil, Statoil sign Iraq contract 2/1/10

Iraq Dinar Exchange Rates 2/1/10

Green Miracle in Iraq 2/1/10

CBI’s dollar sales higher on Mon 2/1/10

Korea’s KOGAS seeks $1.50b in Iraqi oil investments 1/28/10

Iraq’s oil production to hit 10m bpd by 2020 1/28/10

Iraqi parliament approves $72.4 bln 2010 budget 1/26/10

Exxon, Shell sign deal for Iraq's W.Qurna Phase One 1/26/10

The World's Biggest Oil Reserves 1/25/10

Iraq seals $20 billion oil deal with Eni-led consortium 1/24/10

Iraq Dinar Exchange Rates 1/21/10

Iraqi central bank governor sees lower rates ahead 1/19/10

Land Rover ventures into northern Iraq 1/18/09

KRG welcomes calls to settle oil contracts issue with Baghdad 1/18/10

Iraq Dinar Exchange Rates 1/18/10

Iraq signs final contract to develop Gharaf oilfield 1/18/10

Iraq Dinar Exchange Rates 1/11/10

The Army's Cost of Dealing With Cash in Iraq 1/11/10

Is Iraq ready for American Investors /1/7/10

Iraq has no plans for a third oil auction 1/7/10

CBI sells $180m on Thur. 1/6/10

Cabinet approves oil service contracts 1/5/10

Iraq Dinar Exchange Rates 1/5/10

Iraq still waiting on oil firms to OK deal changes 1/4/10

Iraq says more 'superfields' up for grabs 1/1/10

Iraq Dinar Exchange Rates 12/31/09

Dollar sales drop to 110m on Mon 12/28/09

CBI sells $122m on Wednesday 12/23/09

MP happy for UN guardianship over Iraqi funds 12/23/09

Iraq signs preliminary deal to develop southern oil field 12/21/09

Iraq Begins Participation in the IMF’s General Data Dissemination System 12/19/09

Iraq's oil: Now comes the hard part 12/17/09

Iraq Dinar Exchange rate 12/16/09

Iraq will be 'big player' at OPEC 12/14/09

Iraq Raises January Oil Price for Shipment to U.S 12/14/09

Lukoil Rises in Moscow After Winning Iraq Order 12/14/09

CBI dollar sales up by 55% on Thursday 12/10/09

Iraq Sets March 7 For Poll After Political Wrangling 12/8/09

Iraq Dinar Exchange rate 12/6/09

Iraq clears way for parliamentary elections 12/6/09

Iraq seeks full WTO membership during conf 11/30/09

Dubai’s debt crisis won’t affect Iraqi economy 11/30/09

Iraq resumes oil exports to Turkey 11/30/09

CBI dollar sales up to $177m 11/26/09

Iraq Dinar Exchange rate 11/25/09

Trade Bank of Iraq joins global foreign exchange trading service 11/25/09

Iraq key economic indicators 11/22/09

Iraq’s oil exports in Oct. reach 58.2m barrels 11/22/09

Iraq Dinar Exchange rate 11/17/09

Iraqi Cabinet approves Exxon Mobil-Shell oil deal 11/10/09

Iraqi lawmakers pass election law 11/8/09

1st round oil permissions will boost production to 6m bpd 11/3/09

ISX trades over 668 million shares 11/3/09

Inside Iraq's Exchange 10/28/09

Iraq Dinar Exchange Rates 10/26/09

Patriots & Profits 10/24/09

An American Village in Iraq 10/24/09

Iraq Plans to Auction Off 10 Oilfields 10/21/09

Water in the Desert 10/20/09

Listen to Cramer! 10/20/09

Rebuilding Iraq Financially 10/19/09

Rebuilding Iraq's Economy 10/19/09

Petraeus on the Iraq Opportunity 10/19/09

Iraq lures bid for for W.Qurna from Total, CNPC 10/19/09

Iraq's oil power grows, but firms eye election 10/16/09

CBI dollar sales down to $110m 10/15/09

Iraq dinar exchange rate 10/13/09

LUKoil ready to participate in Qurna oil project on Iraqi terms 10/8/09

Motorola signs contract with Zain Iraq 10/7/09

Iraqi finance minister discusses ties with Lebanese counterpart 10/7/09

Russia says ready to contribute to Iraq’s reconstruction 10/7/09

Iraq's Finance Ministry proposes $66.7 billion budget 10/1/09

Number of Iraq attacks drops 85% 10/1/09

Iraq dinar exchange rate 9/28/09

Surge in CBI dollar sales on Mon 9/28/09

CBJ says Iraq best trade partner 9/27/09

House of Representatives to discuss oil and gas laws 9/22/09

Left behind by Iraq's oil rush 9/21/09

Iraq's inflation rate inches up in August 9/17/09

Iraq’s oil exports reach 1.895m bpd 9/15/09

ISX trades over 930 million shares on Tuesday 9/15/09

Talks are on to demarcate the limits of joint oil fields 9/15/09

US Envoy Calls on Iraq to Open More Oilfields 9/12/09

Nippon Oil Officials to Visit Iraq to Finalize Oil Deal 9/12/09

CBI dollar sales down to $662m this week 9/12/09

Iraq Dinar Exchange Rates 9/9/09

Central Bank denies imposing restrictions on foreign exchange 9/9/09

Workshop with firms bidding in 2nd oil licensing round 9/9/09

Jordanian industrial sector signs a free trade agreement with Iraq 9/9/09

6 more companies to join electronic trading.9/7/09

Gulf Air expands Iraq flights 9/5/09

Central markets’ proceeds exceed ID11bn until July 9/4/09

Finance Ministry to discuss budget estimates for the year 2010 9/4/09

Finance Ministry urges China to write off Iraqi debt 9/2/09

Security, economic developments go together in Ninewa 9/2/09

U.N. envoy, al-Maliki’s advisors discuss boosting economic reform 9/2/09

Dollar sales up on Wednesday 9/2/09

Govt. gives priority to investments, services 9/1/09

Nearly $180 billion transferred to Iraq fund 8/27/09

Army aims to stop flow of paper money to Iraq, Afghanistan 8/26/09

Iraq's budget outlook stable on rise of oil 8/24/09

Iraq Showcases Oil Fields for Next Slate of Auctions 8/24/09

Iraq’s Second Oil Bidding Round Needs Higher Fees to Succeed 8/24/09

Ahli United Bank cleared to raise stakes 8/23/09

CBI dollar sales up to $796m this week 8/21/09

Missan oil company to increase production 8/21/09

Oil Ministry confirm increase of refining capacity 8/20/09

Inflation rate down by 0.4% in July 2009 8/17/09

Najaf refinery gets 3rd production unit in Iraq 8/17/09

CBI dollar sales slump to $97m 8/17/09

Security Council extends UN mission in Iraq for one more year 8/10/09

Gulf Keystone finds oil in Kurdish Iraq 8/6/09

Banking sector obtains 95% of shares in ISX 8/6/09

Ministry holds oilfields promotion conference in Turkey 8/6/09

Long bumpy road in Iraqi, Kurd talks 8/6/09

Ministry to open Amara refinery 8/5/09

Gulf Air to start Baghdad service from Sept 1 8/5/09

Keeping Iraq under the penalty of Section VII is unjustified 7/30/09

Oil Ministry wins lawsuit, 7/30/09

Japex in talks to develop big Iraq oilfield-Nikkei 7/29/09

Iraqi Economy Prospering 7/25/09

Iraq to meet next week on financing needs 7/23/09

Iraq Hopes for U.N. Sanctions to Be Lifted as Maliki Arrives in U.S. 7/21/09

Iraqi foreign minister says it’s time to get rid of U.N. sanctions 7/20/09

Poor Cash Flow Delays Iraqi Deals 7/20/09

Iraqi Kurdistan opens new oil refinery 7/19/09

Iraq expects highest monthly oil exports since '03 7/15/09

Iraq dinar Exchange rate7/13/09

Iraq hopes for Nassiriya decision within month 7/10/09

Oil Ministry urges Parliament to pass hydrocarbon law 7/9/09

Despite gloom, Baghdad’s bourse is booming as violence eases 7/8/09

Insecurity tempers lure of Iraq's oil fields 7/8/09

World Bank allocates $100 million for Baghdad 7/7/09

More companies to join electronic trading sessions 7/6/09

Iraq brings forward second oil sale; goes alone on gas 7/4/09

Opportunities in the financial services in Iraq 7/3/09

1st round of oil permissions succeeded 7/1/09

Iraq, U.S. discuss investment conference in DC 7/1/09

BP And CNPC Win Biggest Iraq Oil Contract 6/30/09

Dust storm hits Iraq oil sale 6/29/09

Big Oil Winners & Losers 6/26/09

Iraq Opens Oilfields as Exxon, Shell Seek Foothold 6/25/09

North Oil Company to invest in 41 oil wells in Kirkuk 6/25/09

Iraq oil min in parliament, facing foes of deals 6/25/09

IMF and Iraq in talks on USD 5.5 billion program 6/22/09

Foreign firms willing to invest in Kirkuk 6/22/09

Iraq Central Bank to issue treasury bills worth $2.4 billion 6/22/09

Iraq, with right conditions, has potential to flourish 6/18/08

Iraqi Kurds want 50 cents from each oil barrel produced 6/18/09

Iraq, IMF near agreement on $5.5 bln standby deal 6/16/09

Iraq agrees to continue negotiations with IMF 6/16/09

Iraq pays back debt to Kuwaiti corporation 6/16/09

Investments in Iraq: Opportunities Risks VS Rewards 6/15/09

HSBC sees great potential in Iraq 6/15/09

CBI dollar sales increase on Mon 6/15/09

Dollar sales reach 178m on Thurs 6/11/09

VP, PM confer oil sector program 6/10/09

Iraq exports 2.4 million bpd of crude oil 6/10/09

Iraqi airways to restart Baghdad-London route 6/10/09

Iraq to award foreign oil contracts late June 6/7/09

Dollar sales slashed by more than half 6/7/09

Trade Ministry’s registered companies increase by 62% 6/7/09

Cabinet OKs 1st draft amendment on investment law 6/4/09

CBI dollar sales increase 6/4/09

Foreign investors to have the right to own state properties 6/2/09

CBI sells $3.3bn in May 6/2/09

Iraq to re-merge into global economic system 5/31/09

Gas pumping from Kirkuk resumed after 6-year pause 5/31/09

Iraq starts oil exports from Kurdistan 5/27/09

Iraq's CB wants hands off foreign reserves 5/24/09

Iraq's Rafidain bank opens first automated branch in Baghdad 5/23/09

Iraq’s oil revenues increase in April 2009 5/23/09

CBI sells $835m this week 5/22/09

Iraqi is seeking to export gas via Arab pipeline 5/21/09

Preparations completed for oil exports launch in Kurdistan 5/21/09

International organizations to boost Iraq’s five-year plan 5/21/09

Gov’t cannot use monetary reserves at CBI 5/19/09

UAE's Dana in leap with Iraq gas deal 5/19/09

469 Iraqi, foreign companies registered in April 5/18/09

UAE and European companies team to export Iraq gas 5/18/09

CBI sells $774 million this week 5/15/09

Baghdad to host investment legal framework conf 5/14/09

Inflation rate down by 4.4% in March 5/13/09

Iraq says will export oil from Kurdish fields 5/12/09

Ministries’ undersecretaries call for new bases to develop oil sector 5/11/09

CBI sells $481m in one week 5/9/09

Iraq To Invite Cos To Develop E Baghdad Oil Field -Official 5/7/09

Canadian firm announces major oil discovery in Iraq 5/7/09

CBI sales $2.6 billion in April 5/5/09

Operation room to follow up on London conference’s conclusions 5/5/09

Iraq sets out a pitch for major foreign investment 5/1/09

Iraq could need soft loans from oilfield bidders 5/1/09

Security gains pave the way for investment 4/30/09

Iraq keen to have effective private sector 4/30/09

Iraq stock exchange goes high-tech 4/29/09

Iraqi oil exports increased by 12% 4/27/09

174m ID in 2nd electronic trading session 4/27/09

Lower Demand for dollar this week 4/25/09

Thi-Qar’s INIC grants 3 investment permits at ID2b 4/23/09

Cabinet OKs comprehensive reconstruction plan 4/23/09

World Bank guarantee arm MIGA visits Iraq 4/21/09

US tech giants head to Iraq 4/21/09

Iraq Stock Exchange goes electronic 4/20/09

Iraq Stock Exchange to switch to electronic trading 4/16/09

Transport minister urges Britain to start direct flight to Baghdad 4/16/09

The battle for Iraq's oil 4/15/09

Iraq dinar Exchange rate 4/15/09

Finance Ministry forms budget higher committee 4/14/09

Inflation rate down by 4.4% in March 4/14/09

Iraq’s economic hopes based on fragile stability 4/13/09

Russia and Iraq are trying to restore the oil contracts 4/13/09

World Bank reveals plans to boost Iraqi private sector 4/9/09

Iraq dinar Exchange rate 4/8/09

Oil and gas conference in Arbil 4/7/09

CBI’s dollar sales higher on Mon 4/6/09

British business can play important role in development of Iraq’s economy 4/6/09

EC grants 10 million euro technical assistance to Iraq 4/3/09

Rolls Royce, Shell attend economic conf. in Basra next week 4/2/09

3 Russian firms to invest in Iraq 4/2/09

Iraq's frontier market masters 4/1/09

Conference in Arbil next week on oil wealth 3/31/09

CBI’s dollar sales triple on Tues 3/31/09

Iraq dinar Exchange rate 3/30/09

Iraq seeks to amend economic pact with U.K 3/30/09

CBI sells $634 million this week 3/28/09

Baghdad gets set for 'Big Bang' with a difference 3/27/09

Iraq’s Economy Day in Washington 3/26/09

Iraq invites bids to develop oil field 3/24/09

Doors open to Canadian companies and investors 3/23/09

VP sponsors 1st economic forum on Sunday 3/20/09

CBI sells $736m this week 3/20/09

Iraq’s hard cash reserves estimated at more than $70 billion

Iraq dinar Exchange rate 3/17/09

Country Headed in New Direction 3/16/09

Iraq seeks to find financial alternatives to support the Budget 3/14/09

PM says Iraq seeks upping oil, gas proceeds to cover investments 3/14/09

Amending the Iraqi Investment Law soon 3/13/09

CBI sells $569m this week 3/13/09

Russian envoy take up economy 3/12/09

INIC to hold symposium Sun 3/12/09

Investment commission to hold symposium next Sunday 3/11/09

Iraq pays back 10.25% of its debts to Tunisia 3/11/09

Iraq dinar Exchange rate 3/10/09

Iraq plans to boost currency 3/9/09

The Central Bank's sales exceeded 2 billion dollars in February 3/6/09

Iraq eyeing WTO membership for boost to economy 3/6/09

Iraq undecided on new IMF standby arrangement 3/5/09

Iraq dinar Exchange rate 3/4/09

German delegation in Iraq over investment 3/4/09

CBI sales soar on Tuesday 3/3/09

Parliamentary committees meet over 2009 budget 3/3/09

Turkish consul encourages companies to invest in Basra 3/3/09

Higher demand for dollar this week2/28/09

Central Bank adviser 2/26/09

Iraq participates in UN meeting 2/26/09

Iraq to issue letters of credit for GE, Siemens 2/25/09

Iraq dinar Exchange rates 2/24/09

South Korea Signs $3.55 Billion Iraq Oil Field Accord 2/24/09

Meeting in Baghdad to discuss 2009 budget 2/24/09

Iraq as investment opportunity 2/22/09

Iraq dinar Exchange rates 2/19/09

Trade Bank of Iraq Stages First International Banking Conference in Iraq 2/19/09

Iraq to Award Oil Contract in March 2/19/09

Talabani calls on German companies to invest in Iraq 2/17/09

Iraq dinar Exchange rates 2/16/09

Despite Risk, U.S. Sees Iraq Investment at Last 2/16/09

First Economic Forum in Baghdad Soon 2/16/09

Iraq’s oil reserve enough for 100 years- minister 2/14/09

Iraq offers foreign oil firms more data on fields 2/14/09

Finance Minister Discusses Reform with Int. Organizations

Iraqi Economic Development Hinges on Oil Ministry

The 2nd Iraq Oil and Gas Summit 2/12/09

GDP Higher by 10.9 % in 2008 2/12/09

Iraq Gas Deal with Shell to Include Mitsubishi 2/12/09

Iraq dinar Exchange rates 2/11/09

Al Rafidain Bank Started Disbursing Salaries with Smart Card System 2/11/09

Sarkozy says 20% of Iraqi debts to be settled through projects 2/10/09

Stock market to launch electronic trading 2/10/09

Cabinet approves Trade Bank of Iraq law 2/9/09

Iraq dinar Exchange rates 2/8/09

CBI dollar sales down to $566 million this week 2/6/09

Iraqi prime minister is big winner in vote 2/5/09

Kurdistan Regional Government, UNAMI to Take Up Oil Law 2/5/09

Ministry of Oil Confirms 2/5/09

Iraq reopens its oil reserves to foreign companies 2/4/09

Iraq crude exports hit 1.89m bpd 2/2/09

$25 billion surplus staves off financial crisis 2/2/09

CBI auction off Sunday 2/1/09

Government allies see gains in Iraqi elections 2/1/09

Iraq wraps up election with no major violence 1/31/09

CBI dollar sales down to $585m this week 1/30/09

Iraqi Election Tests Maliki 1/29/09

Iraq Allows Private Bks Letters Of Credit Up To $4 Million Each 1/28/09

Iraqi official appeals to foreign banks to invest 1/28/09

Finance Minister calls for global banks to open branches in Iraq 1/28/09

Executives of U.S. banks attending the conference Iraqi banking 1/28/09

Iraq dinar Exchange rates. 1/27/09

Finance Ministry finalizes fresh draft on customs tariff 1/27/09

Borders shut, cars banned for Iraq vote 1/26/09

Iraqi prime minister expects faster US pullout 1/26/09

Finance Confirms Modernization Banking Sector 1/26/09

IMF and Paris Club deducted 80% of Iraq 1/23/09

CBI sells $861m, lowers exchange rate 1 point 1/23/09

Iraq dinar Exchange rates. 1/22/09

Talibani Discusses with the World Bank 1/21/09

Power grid upgrade project in central Basra 1/21/09

Demand for dollar up on Tuesday 1/20/09

Iraq dinar Exchange rates 1/19/09

CBI sells $120m, lowers exchange rate by 1 point 1/18/09

Risky Business 1/18/09

Arab Economic Summit to Discuss Iraq's Reconstruction Process 1/16/09

Rafidain Bank overhauls core banking systems 1/15/09

CBI links higher dollar demand to price reductions 1/15/09

Iraq dinar Exchange rates. 1/13/09

Iraq’s oil revenues are 174 % higher in 2008 1/13/09

Demand for the dollar triples in CBI’s auction 1/12/09

CBI sells $501m this week, lowers exchange rate by 1 point 1/10/09

Iraq is Free of Its Obligation to the International Monetary Fund 1/8/09

Iraq dinar Exchange rates. 1/8/09

Iraq on a roll 1/6/09

Paris Club Cancels $ 45 Billion of Iraq's Debt 1/6/09

Demand for the dollar soars in CBI’s auction 1/5/09

U.S. opens new Iraq embassy in symbolic move 1/5/09

$70m contract signed with U.S. company 1/5/09

China Kicks off Iraqi Oil Work 1/5/09

The Central Bank of Iraq is Raising the Value of Dinar Gradually 1/4/09

Demand on dollar down this week 1/2/09

Iraq takes control of Green Zone from US 1/1/09

Iraq offers up giant oilfields to foreign firms 12/31/08

New licenses to develop oil wells 12/31/08

Iraq signs military accords with Britain, Australia 12/31/08

Invited to 2nd Iraq Oil Tenders Round 12/30/08

Iraq dinar Exchange rates. 12/29/08

Central Bank of Iraq to cut off interest rate starting January fourth 12/27/08

Cooperation with IMF fruitful 12/25/08

CBI drops interest rate to 14% 12/25/08

Investors Ready for Iraq Business As Troops Pullout 12/23/08

Iraq Economy 'on Track' Says IMF 12/23/08

UN extends protection for Iraqi assets 12/22/08

Paris Club lenders complete Iraq debt forgiveness 12/22/08

Iraq dinar Exchange rates.12/22/08

Iraq seeks renewed UN protection for its assets 12/18/08

IMF cancels 80% of Iraq’s foreign debts 12/18/08

Municipalities' 2008 budget up to $1.05b 12/18/08

PM urges cooperation to implement SOFA 12/18/08

Foreign Minister Holds Talks in Security Council 12/17/08

Iraq Dinar Exchange rates 12/17/08

Demand for the dollar soars on Mon 12/15/08

Bush, Maliki to sign SOFA within hours 12/14/08

Demand for dollar drops in daily auction 12/14/08

Iraq urges China to write off rest of debts 12/14/08

Iraq’s Oil Future part 8

Pentagon approves Iraq sales worth up to $6 billion 12/11/08

Iraq’s Oil Future part 7 12/11/08

Grace under fire 12/10/08

Property shortage in Baghdad prompts mini boom 12/10/08

Iraq’s Oil Future: Finding the Right Framework - Part 6 12/10/08

Baghdad home prices soar 12/9/08

Iraq’s Oil Future: Finding the Right Framework - Part 5 12/9/08

The Central Bank Sold 110 Million Dollars 12/9/08

Iraq’s Oil Future part 4 12/8/08

Iraq Dinar Exchange Rates 12/7/08

Lower demand for dollar this week 12/5/08

Iraq’s Oil Future part 3 12/5/08

Iraqi council gives final approval to pact with US 12/4/08

Iraq’s Oil Future Part 2 12/4/08

Kirkuk residents welcome SOFA 12/3/08

Iraq’s Oil Future 12/3/08

US set to hand over Green Zone to Iraq 12/2/08

Iraq Dinar Exchange rates 12/2/08

Demand for dollar higher on Mon 12/1/08

Bush praises approval of Iraq-U.S. security pact 11/27/08

Iraqi parliament approves US security pact 11/27/08

Isolation shields frontier stock markets from crash 11/27/08

Hydrocarbon Committee Invites Minister to Public Session 11/26/08

Vote on SOFA postponed until Thursday 11/26/08

Iraq Dinar Exchange Rate 11/25/08

Hydrocarbon committee invites minister to public session 11/25/08

Dollar demand doubles in CBI auction 11/24/08

Oil revenues in October exceed $3B 11/24/08

Iraqi Oil Exports Increase 11/24/08

Iraq’s banking renaissance 11/21/08

.US-Iraqi security pact can still pass 11/21/08

Turkish Firms, Shell Form Iraq Gas Partnership 11/21/08

Demand for dollar up on Thursday 11/20/08

The Central Bank of Iraq sold 774 million dollars 11/19/08

Iraq Dinar Exchange Rate 11/19/08

Petrovietnam, Iraq in Talks to Revive Oil Deal 11/18/08

Slight drop in dollar demand 11/18/08

Iraq's government approves security pact with US 11/17/08

$2 Billion Iraq Plan to Boost Crude Production 11/17/08

Iraq to vote on US pact at weekend: minister 11/13/08

In Final Days, Bush Pushes for Iraq's Oil 11/12/08

Commercial Bank of Iraq Receives MasterCard License 11/12/08

An Economic Consultant Hopes the Security Agreement 11/12/08

Iraqi Cabinet Meets to Mull Latest Draft of US Security Pact 11/12/08

Iraqi govt approves 2009 budget of $68.7 billion 11/11/08

Dollar demand up in daily auction 11/11/08

China, Iraq Sign Oil Service Deal 11/11/08

Iraq Dinar Exchange Rate 11/9/08

Kuwait firms seek key role in rebuilding Iraq 11/6/08

Iraqi MP says oil law could pass by year end 11/6/08

Royal Dutch Shell is first oil company in Iraq 11/6/08

The Iraqi government formed a ministerial committee to review the economic policy

Iraq Dinar Exchange Rate 11/5/08

Lower demand for the dollar in CBI Tues. session 11/4/08

Higher demand for the dollar in CBI auction 11/3/08

Minister says “backward” system saved Iraq from credit crisis 11/2/08

U.S. investments in Iraq in closed conf. session 11/1/08

Iraqi, US officials hold conference on prospected business cooperation 11/1/08

Ready to compromise for a security agreement 11/1/08

Iraq oil revenue audit to be handed over to all-Iraqi team 10/31/08

Iraq to cut interest rates to 15 pct 10/30/08

Bush confident of Iraq troop deal 10/30/08

Iraq Dinar Exchange rate 10/30/08

Transparency and Surpluses in Iraq's Oil-Dependent Budget 10/29/08

Iraqi Central Bank bans selling dollars in daily auction 10/29/08

Iraq Dinar Exchange rates 10/29/08

Lower demand for dollar at CBI auction 10/28/08

Iraqi cabinet discusses changes to US security deal 10/28/08

Surge in dollar demand in CBI auction 10/27/08

Iraq learning how to spend oil wealth 10/25/08

Dollar demand down in CBI auctions this week 10/24/08

Iraq has not put its oil reserves up for sale 10/24/08

Dollar demand drops in CBI auction 10/23/08

Iraq asking to restore its membership in the Federation of GCC Chambers 10/23/08

The Central Bank sold 820 million dollars within a week 10/23/08

Iraqi cabinet seeks changes to draft US deal 10/22/08

Lower demand for dollar in CBI auction 10/22/08

Progress in Iraq

US warns time running out as Iraq cabinet meets on pact 10/21/08

Dollar demand rises further on Tues. 10/21/08

Higher demand for the dollar on Mon. 10/20/08

Dollar demand down in today’s CBI auction 10/19/08

Iraq’s debts to be slashed by end of 2008 10/18/08

Dollar demand up in CBI auction 10/16/08

Iraq Invites New Foreign Oil Bids, Seeking Funds to Double Production 10/15/08

Lower demand for dollar in CBI auction 10/15/08

Iraq Opens Bidding on Oil Field Contracts 10/14/08

Dollar demand drops in CBI auction 10/14/08

Double demand for the dollar in CBI auction 10/13/08

Drop in dollar demand on Wed 10/8/08

Iraq FM says 'very close' to security pact with US 10/8/08

Lukoil Urges Iraq to Approve Oil Deal 10/8/08

Iraq presidency formally approves election law 10/8/08

Upsurge in dollar demand in daily auction 10/7/08

The only place unaffected by yesterday's financial turmoil: Iraq 10/7/08

Battle for business begins as military hostilities in Iraq take peaceful turn 10/7/08

Lower demand for the dollar on Mon. 10/6/08

Questions about contract between Shell, South Gas Company 10/6/08

Iraqi authorities approve elections for next January 10/3/08

CBI cancels sessions during Eid 10/2/08

Iraq 'needs a common vision' for the future 10/2/08

Dollar demand up 9/29/08

Shell seizes Iraq gas investment opportunity 9/29/08

Prime Minister Barzani signs historic oil agreements with South Korea 9/29/08

Stable demand for the dollar on Sun. 9/28/08

Iraqi President Urges UN Members to Drop Saddam-Era Sanctions 9/28/08

Economic Experts expecting to increase the oil investment in Iraq 9/26/08

Stable demand for the dollar on Thurs. 9/25/08

IMF agreed to lend Iraq more than 746 million dollars 9/25/08

Iraq's parliament approves landmark provincial elections law 9/24/08

US launches plan to boost Iraqi army's capability 9/23/08

Iraqi oil exports increased with Five Hundred Thousand barrels a day 9/23/08

Shell Opens an Office in Baghdad After a 36-Year Absence 9/23/08

Dollar demand up at CBI auction 9/22/08

Cabinet discusses $79b. state budget 9/22/08

SOFA to be signed soon: U.S negotiator 9/21/08

Dollar demand lower at CBI auction 9/21/08

Baghdad prevents KRG oil exports 9/19/08

Nine billion dollars is Kurdistan Budget for 2009 9/19/08

Iraq possessed oil and gas reserves equivalent to the total oil rich countries 9/18/08

The improvement of security conditions in Iraq 9/18/08

Lower demand for dollar on Thursday 9/18/08

Higher demand for dollar in CBI auction 9/17/08

Policy of supporting Dinar 9/16/08

Dollar demand up in CBI auction 9/16/08

Higher demand for the dollar on Mon. 9/15/08

Iraq Oil Minister to Meet Oil Firms in UK 9/15/08

Lower demand for the dollar in CBI auction 9/11/08

Iraq form panel to resolve dispute over election bill 9/11/08

Iraq settles $1.2 bln in Saddam-era commercial debt 9/11/08

Safer Iraq draws foreign investors 9/10/08

Higher demand for dollar in CBI auction 9/10/08

Shell, Iraq in Gas Agreement Worth Up to $4 Billion 9/9/08

Iraqi dinar soars despite rising dollar 9/9/08

Demand for the dollar drops in daily auction 9/9/08

Iraq approves gas deal with Dutch Shell-statement 9/8/08

Surge in dollar demand in daily auction 9/8/08

Talks with GE on power plants in Iraq 9/6/08

Dollar demand slightly rises this week 9/5/08

IMF sees improving economic prospects in Iraq 9/4/08

US troops could quit Baghdad ‘by July 9/4/08

IMF Executive Board completes first review of Iraq's stand-by arrangement 9/4/08

Demand for the dollar slightly down in CBI's session 9/4/08

Finance minister, envoy take up Italian loan 9/4/08

PM calls to seize investment opportunities in Iraq 9/4/08

Cabinet expects oil proceeds from al-Ahdab field to hit $55B 9/3/08

Slight increase in the demand for the dollar 9/3/08

General David Petraeus sees huge progress in Iraq 9/3/08

Lower demand for the dollar in CBI's session 9/2/08

Higher demand for dollar in CBI auction 8/31/08

Iraq election law must pass mid-Sept for 2008 vote 8/31/08

Iraq bonds deliver more on oil export revenues 8/30/08

China Nabs Gold In Iraq Oil Race 8/29/08

Lower demand for the dollar on Thurs 8/28/08

Iraq oil exports in July inched up to 58.8 million barrels 8/28/08

General sees an economic boom for Iraq 8/26/08

Stable demand for the dollar on Wed. 8/26/08
Surge in the demand for the dollar on Mon. 8/25/08

Deputy premier, World Bank representative meet on ICI 8/25/08

Agreement reached with US on 2011 pullout 8/25/08

Rice says US-Iraq coming together on timetables 8/21/08

Talks continue for Iraq oil service deal 8/21/08

Shell says still talking on Iraq oil service deal 8/21/08

Iraq Invites LUKoil to Bid for West Qurna 8/21/08

Higher demand for the dollar on Thurs 8/21/08

Iraqi businessmen welcome the introduction of ATMs in Baghdad 8/20/08

Slight drop in the demand for the dollar on Wed 8/20/08

Iraq, China Discuss $1.2 Billion Oil Deal 8/19/08

Stable demand for the dollar on Tues. 8/19/08

Iraq's Central Bank maintains accredited interest rates 8/19/08

Iraq: the private sector's take on the investment law 8/18/08

Higher demand for the dollar on Mon 8/18/08

Iraq earned $43b from oil revenues in past 7 months 8/17/08

Dana Gas Eyes First Gas from Northern Iraq in September 8/15/08

Oil delegation heads to China to develop Ahdab oilfield 8/14/08

Demand for dollar drops in daily auction 8/13/08

Official urges national banks to engage in investment activities 8/12/08

ISX closes with 20m share contract 8/12/08

Lower demand for the dollar in daily auction 8/12/08

Iraq resumes oil exploration 8/11/08

Past 4 years exchange rates of the Iraq dinar 8/10/08

Demand for dollar rises in daily auction 8/8/08

Iraq starts oil drilling in Nassiriya field 8/8/08

411m oil barrels exported so far in 2008- ministry 8/7/08

ISX closes with 24 million share contract 8/7/08

Iraq Banks Billions in Surpluses 8/6/08

Iraq has third highest oil reserves 8/6/08

Demand for dollar drops on Tuesday 8/6/08

Ministry to resume oil exploration after 20 year pause 8/6/08

Iraq grants licenses for luxury hotel, glitz mall in Baghdad 8/6/08

Demand for dollar soars in daily auction 8/5/08

OPEC July Output Hits 2008 High 8/5/08

Slight increase in the demand for dollar on Sun 8/4/08

ISX opens with huge contracts on Thurs 7/31/08

Iraq assembly to hold special session on election law 7/30/08

124 contracts signed, 30 to follow- construction committee 7/30/08

Iraqi Central Bank call to sustain monetary policy 7/29/08

Oil exports from Northern Iraq rise sharply 7/28/08

Stable demand for the dollar on Mon 7/28/08

United Arab Emirates to forgive Iraq's $4-billion debt 7/28/08

Higher demand for the dollar on Thursday 7/25/08

Iraq's banking sector eyes growth as violence falls 7/24/08

Progress Looks Promising on Mesopotamia, Iraq Drilling 7/24/08

Demand for dollar drops in daily auction 7/23/08

Iraq asks oil majors to shorten service contracts worth $3bn 7/22/08

Turkey allows Iraqi oil export restart after payment 7/22/08

Maliki tells Germany Iraq is open for business 7/22/08

Iraqis cast doubt on elections this year 7/22

Iraqi PM says security right for investors 7/22/08

Demand for dollar sets record in daily auction 7/22/08

Inflation rate down in June 7/21/08

Demand for dollar drops in Sunday’s auction 7/20/08

Iraq opens oil refinery in Anbar 7/20/08

Iraqi Minister of Finance: Oil revenues must promote peace to Iraq 7/18/08

Investors Flood New Iraq Agency with Project Deals 7/18/08

White House Says US-Iraq Talks on Troops 'On Track' 7/15/08

Iraq's Electricity-Starved Capital Goes Solar 7/15/08

Iraq is banking on oil wealth 7/14/08

Iraq handing out cash to people on the streets 7/13/08

Iraq's public-sector employees get a salary boost 7/12/08

Chasing Iraqi oil 7/11/08

Economists praise Iraq-Turkey deal as positive 7/11/08

Iraqi gov't approves 2008 supplementary budget-statement 7/9/08

Higher demand for the dollar on Tuesday 7/8/08

Iraq looks to more debt waivers after UAE deal 7/7/08

Growing demand for motors in Iraq- ministry 7/7/08

Huge demand for the dollar on Monday 7/7/08

Iraq's Oil Surge 7/5/08

Iraq-Japanese economic forum kicks off in Amman 7/2/08

Stable demand for dollar in central bank auction 7/2/08

Finance ministry offers $21 billion supplementary budget 7/2/08

Iraq report: 15 of 18 benchmarks ‘satisfactory’ 7/1/08

Cheer on oil front as Iraq opens bid for eight big fields 7/1/08

Huge demand for the dollar on Tuesday 7/1/08

35 global oil companies compete for oil fields' developing contracts 7/1/08

Iraq Oil makes a come back. 6/30/08

Remarks by Secretary Rice at Iraq Compact Conference in Stockholm 6/29/08

Committee to settle oil contracts issue 6/28/08

Iraq establishes new oil company 6/28/08

Presidnet Talabani met President Bush 6/26/08

Japan supports Iraq to build power station 6/26/08

Sharp drop in demand for dollar at daily auction

KRG and Korea National Oil Corporation Sign New Petroleum Contracts 6/26/08

Al-Maliki and Barzani had agreed to end all differences on the law of oil and gas

Bush administration to leave Iraq oil deals alone 6/25/08

Iraq to announce oil fields available for bidding 6/25/08

The law of oil and gas 6/25/08

Demand for the dollar rises further on Tuesday 6/24/08

Japan to Hold Conference about Investment in Kurdistan Region in Amman 6/24/08

MP urges Parliament to speed up enacting oil, gas law 6/23/08

Oil revenues higher in May 6/23/08

Demand for the dollar significantly higher on Monday 6/23/08

Talks on new Iraq oil law to resume this week 6/22/08

Oil giants return to Iraq 6/20/08

US Concessions Rescue Floundering Iraq Security Deal 6/19/08

4 western oil companies in final stages of signing deals in Iraq 6/19/08

Significant demand for the dollar on Thursday 6/19/08

Iraq and Washington reaching compromise 6/18/08

Demand for the dollar soars in daily auction 6/17/08

Iraq Minister Says Security Agreement With U.S. Is Within Reach 6/17/08

Hyundai signs contract of $360 million with Electricity Ministry 6/17/08

Kalimat Telecom Announces Iraq Network Launch 6/17/08

Signs are emerging that Iraq has reached a turning point 6/17/08

Arab Monetary Fund Writes off US$100 Million Iraqi Debt 6/16/08

Significant increase in the demand for the dollar 6/16/08

Securing its oil pipeline, Iraq can increase production and exports 6/13/08

The change in Iraq 6/13/08

Housing prices soar as relative security returns to Basra 6/13/08

Kurdistan becoming "economic development gateway" to Iraq 6/12/08

Slight increase in demand for the dollar on Thursday 6/1208

Need for Passing the Iraqi Oil and Gas Draft Law 6/12/08

Global economy needs Iraq more than ever 6/12/08

Euro company to build residential compound in Diwaniya 6/11/08

Huge demand for dollar at daily auction 6/10/08

Iraq Eying First Field Tenders in June or Early July 6/9/08

Demand for the dollar up on Monday

New contracts could give Iraq quick oil fix 6/7/08

Crude oil refinery to be set up in the south 6/6/08

Kurds say they ready to export 150,000 barrels of oil a day 6/6/08

Foreign companies, investors in Diwaniya next week 6/6/08

UAE to name Iraq envoy 6/5/08

100 million Euros for agricultural equipment- ministry 6/4/08

Iraq's oil exports rise 6/4/08

Baghdad set to discuss new oil law as disputes remain 6/4/08

Firm plans $15bn project 6/3/08

Details of Iraq's foreign debts 6/2/08

Baghdad, KRG to resume oil Talks 6/2/08

Remarks at The Iraq Compact Conference 5/30/08

Iraq reopens bombed bridge 5/30/08

ICI strong message from int'l community to support building Iraq 5/29/08

Austria's OMV plans Iraqi Kurdistan oil blocks work 5/29/08

Food and energy costs lift inflation rate 5/28/08

Iraq heads toward reconstruction 5/28/08

Iraq replaces southern oil chiefs in major shake-up 5/27/08

BP, Exxon submit Iraq deal plans 5/27/08

Dinar rose against the dollar by 20% in 16 months 5/27/08

Significant jump for dollar demand at daily auction 5/27/08

Poitical first: 100 countries and organizations will participate 5/26/08

Slight increase in the demand for the dollar on Monday 5/26/08

Iraq's VP urges Japanese firms to invest in Iraq 5/26/08

Iraq and the United Nations: the Stockholm conference 5/26/08

Iraq's inflation rate soars to 16 percent in April 5/25/08

Iraq claims to have the largest proven oil reserves on Earth 5/22/08

CBI attributes higher inflation to intl. increase in food prices 5/22/08

Iraq signs investment contracts of more than 63 billion dollars 5/21/08

Iraqi oil revenues increase by $250 million in April 5/21/08

Drop in the demand for the dollar 5/21/08

Iraqi Minister on Increasing Oil Output,With Foreign Companies 5/21/08

Iraq aims to lift exports to post-war record 5/20/08

We Are Making Progress in Iraq 5/20/08

Iraq is biggest-ever emerging market 5/20/08

Iraq to Accept More Companies to Bid for Oil Deals 5/20/08

Demand for dollar up at daily auction 5/19/08

Oil ministry says picked corporations to up production to 3m. bpd

Vice president urges businessmen to invest in Iraq 5/15/08

Demand for dollar down in daily auction 5/14/08

The central bank would reduce the hardline policies 5/13/08

$5 billion to build four thousand schools and health projects in Iraq 5/11/08

Iraq to participate in Egypt's WEF meetings 5/9/08

New budget allocations reported 5/8/08

Iraq in $6.37b deal to replace ageing planes 5/7/08

Demand for the dollar drops further in daily auction 5/7/08

282 billion dinars for rice marketers 5/7/08

Slight drop in the demand for the dollar 5/6/08

Iraq participates in preparatory meeting for Arab economic summit 5/1/08

Demand for dollar down in daily auction 4/29/08

Iraq may have 350bn barrels of oil 4/29/08

Iraq exported 60 million barrels of oil in March 4/28/08

Bright Future for Iraqi Industry through Investment 4/27/08

Iraq amassing funds as oil flows 4/26/08

Iraq sets oil majors contract ultimatum 4/25/08

Demand for dollar up, exchange rate stable in daily auction 4/24/08

Iraq wants neighbours to forgive debts 4/21/08

Demand for dollar up as exchange rate goes two ticks down 4/21/08

Iraq oil law a deal 4/17/08

Demand for dollar higher at daily auction 4/16/08

BP, BG, Shell and BHP to bid for Iraq oil 4/15/08

Iraq allows 35 companies to bid for oil contracts 4/14/08

Total nears Iraq oil service contract deal 4/11/08

Iraq bets on a new law for developing its enormous oil wealth 4/11/08

Iraq exported one million and 900 thousand barrels 4/10/08

Digital Economy 4/10/08

Iraq dinar aspires to return to the past against the dollar 4/8/08

New law would recreate Iraqi oil company 4/7/08

Commission on oil and gas received a draft law 4/5/08

Security in Iraq is improving 4/4/08

Shell says ready to help Iraq boost oil output 4/3/08

Significant hike in demand for dollar at daily auction 4/1/08

Iraq signs $5.5 billion Boeing deal for 55 aircraft 4/1/08

Demand for dollar drops at daily auction 3/31/08

Western firms have an open appetite to Iraqi market 3/27/08

Demand for dollar hits record at daily auction 3/26/08

Iraq's stock exchange goes electronic 3/24/08

Iraq's oil ministry invites companies 3/24/08

Hike in demand for dollar at daily auction 3/24/08

Demand for dollar down in daily auction 3/18/08

Private banks to open up a clearing with American banks 3/18/08

Iraq PM Advisor: Majors Will Accept Service Contracts 3/14/08

Significant drop in the demand for the dollar 3/13/08

$600 million profits for Al-Rafidein Bank

Slight drop in demand for dollar in daily auction 3/10/08

Iraq Wants to Double Oil Production Within 2 Years 3/7/08

Drop in demand for Dollar 3/7/08

Iraqi cabinet gives green light to oil ministry to sign oil deals 3/5/08

Demand on dollar up in daily auction 3/4/08

Iraqi oil boom awaits security and laws 3/2/08

Oil firms line up for contracts in Iraq 3/2/08

Iraq oil debate review 2/29/08

US and Iraq Pledge Economic Cooperation 2/29/08

Facts on Iraq 2/28/09

Iraq's oil exports hit 59.6 million barrels in Jan. 2/27/08

Stable demand for the dollar in daily auction 2/27/08

The Iraqi Economy: From Shocks to Take-off 2/25/08

Hike in the demand for the dollar in daily auction 2/25/08

UAE invited to invest in the future of Iraq 2/25/08

Iraq is moving towards attracting major oil investments 2/21/08

Trade Bank of Iraq's record start to 2008 2/21/08

Iraq Finance Ministry to provide Real Estate Bank with $82 million 2/20/08

BP and Shell Among 70 Oil Giants Interested in Iraq 2/20/08

Iraq to buy 40 jets from Boeing 2/20/08

European commissioner discusses energy partnership with Iraq 2/18/08

Iraq is inching toward attracting the billions of dollars needed to revamp its oil sector

Iraqi newspaper calls for optimum use of budget 2/17/08

Trade Bank of Iraq Aims to Offer $7.5 Billion in Credit in 2008 2/15/08

Iraq to buy 40 Boeings 2/14/08

Iraq parliament passes budget, signaling progress 2/14/08

Iraqi lawmakers pass 3 broad laws 2/14/08

Iraq Makes Progress on Economic Front 2/14/08

Iraq lawmakers pass key budget and amnesty laws 2/13/08

Lukoil Poised to Reinvest in $3.7 Billion Iraq Oil Field 2/13/08

Iraqi Kurds court investors, not just oil 2/12/08

Russia Forgives Iraq Billions in Debt 2/12/08

International oil companies are invited to invest in Iraq 2/8/08

Deal to slash Iraq's debt to Russia to be signed 2/8/08

Iraq moves ahead with oil contracts with multinationals 2/6/08

Higher dollar demand, exchange rate down in daily auction 2/6/08

BP positions itself for share of Iraqi oil 2/5/08

Iraqi dinar recovering and it is the base in business dealings 2/5/08

New Iraq Law Lets Baathists Reclaim Jobs 2/4/08

Iraqi dinar recovering and it is the base in business dealings 2/4/08

Iraqi Minister: Race for New Oil Fields 2/2/08

Iraq's revival boosted as oil production rises to 2.4m barrels a day 2/1/08

Iraq 'set for oil price windfall 1/31/08

Higher Oil Prices Could Be Boon to Iraq 1/31/08

IMF sees economy, oil output recovering 1/31/08

Another bustling day in a Baghdad souk 1/31/08

Higher demand for the dollar in daily auction 1/29/08

Iraq's economic ordeal 1/29/08

Iraq expects output to rise by 400,000 bpd in 2008 1/26/08

Iraqi oil exports rose by 9.2%-oil ministry 1/25/08

Iraq's flag redesign erases one of the last symbols of Hussein regime 1/24/08

Presidency council: 69 laws, 64 decrees 1/23/08

Iraq extends registration for international oil companies 1/22/08

Iraqi inflation falls to lowest in over 17 years 1/21/08

IMF expects significant growth of Iraqi economy 1/21/08

IMF praises progress in Iraq 1/17/08

Rice urges Iraqis to approve budget, oil & gas bills 1/16/08

USAID loan program pushed forward economy in Iraq- report 1/16/08

Rice lauds Iraqi reconciliation efforts 1/15/08

Economic boost gives hope to Iraqis 1/14/08

Iraqi lawmakers pass pro-Baath party law 1/12/08

Bush to meet U.S. troops in Kuwait, seek lower Iraqi payments 1/11/08

Iraq opens doors to foreign oil companies to boost output 1/10/08

Iraqi Vice claiming Kuwait again to extinguish Iraqi debt 1/10/08

Oil production resumes in Baiji refinery-Oil Ministry 1/8/08

Demand for the dollar down in daily auction 1/7/08

Al Maliki back home with 'big goals' 1/7/08

Iraqna, MTC Atheer merge into Zain 1/7/08

Parliament to vote on 2008 budget law on Monday 1/7/08

Iraqi dinar will see the high value of 2008 1/3/08

Oil Ministry calls on companies operating in Iraq 1/2/08

Iraq oil exports hit three-month high 12/31/07

Hike in demand for the dollar 12/31/07

Iraqi dinar continues gains against the dollar 12/28/07

The Other Iraq Surge 12/27/07

DNO says its Iraq oil production rose 12/23/07

IMF approves Iraq loan agreement 12/21/07

Baghdad stock exchange set to share in digital age 12/20/07

PM says government resolved to realize economic achievements 12/20/07

The inauguration of the first Iraqi tanker since 27 years 12/20/07

Iraqi private banks start the application of international standards 12/18/07

Currency Conversion And Transfer Policies 12/18/07

Iraqis swap dollars for dinars 12/16/07

Iraq Completes Early Repayment of Entire Outstanding Obligations to the IMF

Iraq central bank denies dinar revaluation plan 12/13/07

ICB policy drives inflation rate down-MP 12/10/07

Iraq's economy shows positive signs 12/10/07

Compact for Iraq 12/7/07

Iraq's economy shows positive signs says Finance Minister 12/7/07

Petraeus cites violence decline in Iraq 12/6/07

Lower exchange rate in daily auction 12/5/07

Chinese company to establish thermal power station in Kut 12/5/07

Sunnis end boycott of Iraqi parliament 12/03/07

Ten new branches of Al Rafidain Bank next year 11/29/07

Gulf Countries Face the Dollar Peg 11/28/07

Trade Bank of Iraq holds series of training sessions for Iraqi ministries 11/27/07

BEYOND THE DROP IN VIOLENCE 11/27/07

3rd round of negotiations on Iraq-EU association deal 11/26/07

Two oil wells drilled in Missan's Nour oilfield 11/26/07

Iraq Stock Exchange begins electronic trading early next year 11/20/07

Iraq says security boost helps oil flow 11/18/07

UK Firm to Explore and Produce Oil In Kurdistan 11/16/07

DNO ramps up Iraqi oil in Q3, exports unclear11/15/07

Iraq Premier Sees Families Returning to Safer Capital 11/12/07

Iraqi officials say thousands of refugees return home 11/07/07

Iraq is close to joining WTO 11/05/07

Iraq To Boost Oil Output By 500,000 B/D 11/1/07

Demand for dollar in daily auction 11/1/07

Iraq sees $42 bln 2008 budget, up $1 bln on 2007 10/30/07

International expectations of economic growth in Iraq 10/29/07

$150 million Japanese loan for Kurdistan's electricity 10/29/07

Japan Bank for International Cooperation to support Iraq reconstruction 10/26/07

Finance Signs Joining Iraq with International investment 10/24/07

Saudi investors awaits opening embassy in Baghdad to enter Iraqi market 10/24/07

Iraq signed an agreement to protect investors from arbitrary actions 10/23/07

Sharp drop in violence in Iraq since June 10/23/07

Higher demand for dollar, stable exchange rate in daily auction 10/22/07

2 Million Barrels Daily Oil Exports 10/9/07

Iraq awards 5 mln Kirkuk oil in tender 10/9/07

Iraq Reconstruction Efforts Make Meaningful Progress, General Says 10/5/07

Kurdistan seeking to produce 200 thousand barrels of oil daily 10/4/07

Heritage agrees Kurdish oil contract 10/4/07

Iraq oil exports jump 10/3/07

Iraq's bonds hint at postwar recovery 10/1/07

Waiting game over Iraq's oil reserves 10/1/07

Iraq sells 2.5 mln bbls Kirkuk oil to Exxon 9/28/07

Iraq urged to spread power to provinces 9/24/07

Saturday's meeting in New York to discuss the reconstruction of Iraq 9/23/07

Iraq owes Russia 13 billion dollars 9/23/07

Chevron, Total Submit Study On Iraq s Majnoon Devt - Oil Min 9/19/07

A Vital Oil Law for Iraqis 9/14/07

Benchmark Assessment Report 9/14/07

Energy profile 9/14/07

Follow the Money 9/13/07

Iraq Oil, Gas, Petrochemical & Electricity Summit concludes 9/10/07

Iraq Violence Drops as Economy Revives 9/8/07

Kurdistan Region Oil and Gas Law 9/7/07

Oil, security for Iraq investors 9/6/07

Inflation in Iraq slumps says central bank chief 9/3/07

Shell And Dow Prepare $2.1 Billion Iraqi Petro Plan 8/31/07

Shell and Dow in talks on Iraq chemical plant 8/30/07

Iraq oil law can pass by comfortable majority 8/29/07

Iraq's leaders agree on key benchmarks 8/27/07

Oil Majors to meet with the Iraq Government 8/23/07

Iraq Plans WTO Membership 8/22/07

The Kurdish miracle 8/21/07

Saudi wipes Iraq's debt 8/20/07

IMF advises Iraq to shore up reconstruction 8/17/07

Iraq oil law up in Sept 8/16/07

Gov’t floats Iraqi oil pipe plan 8/16/07

Oil majors to meet with the Iraq Government 8/15/07

Oil companies mapping strategies for dynamic Iraqi situation 8/13/07

Golden opportunity ahead for Iraq to use its oil wealth 8/10/07

Iraq Says LUKoil Will Get a Fair Shake 8/9/07

Oil exportation through Turkish ports will resume soon 8/7/07

ISX gets NEW digital infrustructure from US 8/6/07

Business Leaders meet to help Iraqi Banking System get back on track 8/6/07

IMF Executive Board completes fifth review of Iraq 8/3/07

Dinar Exchange Rate 8/2/07

Iraq can produce eight million barrels of oil daily 7/27/07

Oil law to positively impact Iraq's unity 7/25/07

Parliament approves oil refineries investment law 7/25/07

45 States cancel $140 billion of Iraq's debts 7/24/07

Sunnis end Iraqi parliament boycott 7/19/07

Iraq Compact to meet and to receive report from Iraq Central Bank 7/18/07

Prime Minister Barzani calls on Iraq federal government 7/17/07

Global Investment House says Iraqi banks’ assets grew 25% 7/12/07

The dollar-IQD devaluation following IMF program 7/12/07

Iraq Economic & Strategic Outlook Banking Sector 7/11/07

Opening of the ISX 7/11/07

Iraq's South Oil Co Issues Tender to Drill 16 Oil Wells 7/10/07

Demand for dollar stable in daily auction 7/10/07

Iraqi bourse is on the rise in indexes 7/7/07

Iraq takes step closer to landmark oil law 7/4/07

Iraq Cabinet approves oil law draft 7/3/07

Kurdish Oil Riches Lure Wildcatters Unswayed by Deaths in Iraq 7/3/07

Iraq raises petrol prices 7/3/07

Iraq draws up plans for privatisation gold rush 7/2/07

Kurds woo investors as Iraq knocks at the door 7/2/07


Iraq's KRG seeks foreign bids on 40 new oil blocks 7/1/07

Demand for dollar, exchange rate down in daily auction 6/29/07

Foreign ministry spokesman discusses Iraq's economic reconstruction 6/29/07

Iraq Ministry announces US$33.5m housing project in Babil 6/28/07

China writes off all of Iraq's 8-billion-dollar debts 6/25/07

raqis, Kurds agree on draft oil law 6/21/07

Iraq oil law deadline approaches 6/20/07

210 billion dinars for Anbar reconstruction efforts 6/20/07

Iraq Cabinet approves SME lending program 6/18/07

Dubai to host Iraq Petroleum 2007 conference 6/15/07

Dollar holding strong aginst Iraqi Dinar 6/14/07

Iraq makes slow progress on meeting US targets 6/12/2007

Basrah contains huge oil wealth 6/12/2007

Finance Minister confirms Iraq's commitment 06/11/07

The Iraqi dinar is a marked improvement. 06/04/07

Currency reserve: $21 billion 06/01/07

Iraq's negotiations with WTO a success says Trade Minister 05/30/07

Largest natural gas field in Iraq discovered 05/28/07

Iraq aims for membership in WTO 05/25/07

Iraq still hopes to pass oil law in May 05/24/07

Kuwait unhooks dinar and dollar, signaling a possible trend 05/23/07

Dollar Still Affects Rates 05/23/07

Iraqi oil exports up 10 percent over past year 05/21/07

U.S. Restarting Iraqi Factories 05/21/07

Higher demand for dollar, exchange rate stable in daily auction 05/18/07

The Central Bank starts applying the electronic payment system 05/18/07

Quantum leap to shares after adopting the electronic trading on the Stock Exchange

EU pledges support for helping Iraq with reform plan 05/15/07

Iraq could produce more oil 05/09/07

Iraqi oil law could be passed within a month

Iraq intends to automate its general banking sector 05/06/07

Iraqi economists forecast positive implications for Iraqi economy 05/05/07

Iraq conference adopts five-year rescue plan 05/05/07

U.N. Secretary, Rice urge int'l community to support Iraq financially 05/04/07

ICI meeting to discuss improving Iraqi economy Thursday 05/03/07

Iraqi oil reserves may surpass those of Saudi Arabia, oil minister says 05/02/07

Demand for dollar up, exchange rate down in Iraqi daily auction 05/01/07

Iraqi cabinet approves oil draft law 04/30/07

Iraqi PM instructs debt settlement 04/27/07

Iraq, Int''l Compact meets next week 04/26/07

Iraq Oil, Gas, Petrochemical & Electricity Summit 04/24/07

CBI participates in first Iraqi Banking and Finance Conference 04/24/07

New Findings Peg Iraq's Oil Reserves At 200 billion Barrels 04/20/07

Iraq Oil Law to Go to Parliament Next Week 04/18/07

An Urgent Need to Reconsider the Economic Laws 04/17/07

International Compact with Iraq 04/17/07

Iraq security strategy: So far, so good 04/16/07

Dana Gas signs northern Iraq deal 04/16/07

Chevron confirmed as key sponsor of Iraq Oil, Gas, Petrochemical 04/16/07

Iraq Targets 3 Million Bpd 2007 Oil Production -Oilmin 04/13/07

Iraqi trade minister discusses moves on debt cancellation at Arab summit 04/11/07

A decline in prices of commodities in the market 04/09/07

Iraqi instability curtails foreign bank presence 04/09/07

Iraqi stock market to turn into electronic trading in four months 04/06/07

Iraqi official says economic and political plan will be launched soon 04/05/07

Iraq invites foreign offers for oil wells 04/05/07

The Central Bank enhances banks’ liquidity 04/04/07

Electronic circulation in the Iraqi securities market 04/03/07

The broadest investment plan together with imposing the law 04/02/07

Appreciation of Iraqi dinar called 'commendable' at IMF meeting 03/30/07

New policy at Central Bank auction to sell more dollars 03/30/07

IMF is not putting pressure on monetary policy 03/29/07

UAE 'closer to revaluation 03/27/07

Baghdad stock exchange welcoming foreign investors 03/26/07

Iraqi Stock Exchange joining International Federation of Bourses 03/26/07

Iraq inflation battle 'top priority' 03/25/07

Iraq, US sign economic accord 03/25/07

An Iraqi-American "partnership" to move the Iraqi economy 03/25/07

Iraq’s Kurds to go it alone on oil deals 03/23/07

CBI adopts fixed ID exchange rate 03/19/07

The Iraqi Bourse is active again 03/19/07

The application of the new Iraqi Investment Law 03/15/07

Iraqi vice president meets with U.S. treasury official 03/15/07

IMF Extends Iraq Loan Another Six Months 03/13/07

Byblos Bank to open Irbil branch in early May 03/13/07

The International Compact with Iraq 3/13/07

Baghdad conference a chance to stabilize Iraq - British ambassador 03/09/07

Wall Street drools over prospect of capturing Iraq oil wealth 03/08/07

Iraqi Minister of Finance authorized to sign agreements 03/08/07

U.S. Envoy to Iraq Applauds Passage of National Hydrocarbon Law 03/04/07

Iraq joins the World Trade Organization 03/03/07

World Bank to boost Iraq presence despite shooting 03/02/07

Iraqi Business Restoration Progressing 03/01/07

Billions Over Baghdad 02/28/07

Iraq prepares to allow foreign firms to exploit its oil and gas riches 02/27/07

Iraqis Reach an Accord on Oil Revenues 02/27/07

The Iraqi debt burden has become little 02/27/07

To modernize the Iraqi Central Bank 02/27/07

Iraqi Cabinet approves draft oil law 02/26/07

Iraq to join WTO, says U.S. source 02/26/07

Agreement to share oil wealth 02/25/07

Iraqi government to hike fuel prices by 15% 02/23/07

Scramble for Iraq's oil begins as troops start to pull out 02/23/07

World Bank Back to Iraq 02/23/07

Committed to IMF's instructions 02/22/07

McPherson to lead financial repair of Iraq 02/21/07

Iraq economy growing despite conflict 02/21/07

Draft Law on Oil Money Moves to Iraqi Cabinet 02/20/07

Wolfowitz takes actions to gear up World Bank for Iraq 02/18/07

Officials To Meet Sat In Jordan On Iraq Oil Law 02/16/07

Iraq budget said "largest" ever, projecting oil output rise 02/16/07

The Central Bank is planning to reduce inflation 02/14/07

A Ramadi Rebirth - One Block at a Time 02/14/07

Bridges To Babylon: New Fund Focuses On Iraq 02/12/07

Dollar demand lower, exchange rate stable in Iraqi auction 02/12/07

$42 billion dollar budget approved 02/12/07

Parliament passes 2007 national budget 02/09/07

Blue Ridge establishes secure VoIP network in Iraq 02/08/07

Parliament discusses oil investment draft law 02/07/06

$338 Million Japanese Loan for Basra Water Project 02/06/07

Iraq to discuss trade regulations with WTO soon 02/05/07

American companies the opportunities of industrial investment in Iraq 02/02/07

The highest bids of the Bank for selling the dollar 02/01/07

KRG US Representative says sound oil policy promotes stability 01/31/07

State Department Official Outlines Plans To Rebuild Iraq 01/27/07

Iraq struggles to finish oil law 01/25/07

IMF Managing Director recommends tighter monetary policy in Iraq 01/24/07

Dollar demand down in Iraqi Cenbank auction 01/24/07

New budget allocates sufficient sums for salaries 01/24/07

Iraq's long-awaited hydrocarbons law 01/22/07

Proposal equality dinar dollar 01/21/07

Central Bank this year's budget focused on increasing investment in Iraq 01/20/07

Iraq is preparing to receive the Japanese loan of 3.5 billion dollars 01/20/07

Dollar bids lower, exchange rates keep falling in Iraqi auction 01/19/07

Iraq studies oil law model 01/19/07

The Central Bank procedures of the dollar against the Iraqi dinar 01/18/07

IMF: Iraqi authorities to move toward tighter monetary policy 01/17/07

Technology Will Be Key to Iraq Buildup 01/16/07

Iraqi deputy expects rise in Iraqi dinar price 01/15/07

New Iraq plan gives economic aid a big role 01/15/07

ID12 Trillion Iraq's Budget This Year 01/11/07

Allocating 136,000 opportunities $100m for idles 01/11/07

Iraq's economic strides 01/10/07

Iraqi dinar continues its surge 01/10/07

Iraqi minister: Oil production to reach 4.5 bpd in five years 1/06/07

Iraqi Ministry of Planning allocates $10b for investment projects 1/06/07

Pentagon helping restart old Iraq government factories 01/04/07

Economic Inflation is the prominent event in 2006 01/02/07

The dollar exchange rate is stabile for the first time in two months 12/31/06

Iraq's oil revenue may provide every Iraqi with $3500 a year 12/27/06


THE BOOM OUTSIDE BAGHDAD 12/26/06

The Real Iraqi Economy Viedo CNBC 12/20/06

The Official Export-Import Bank of Malaysia Cancels 80% of Iraq Debt 12/20/06

A Law for Investment in Iraq 12/19/06

Iraq's economy is growing strong, even booming in places 12/19/06

Gingrich calls for Marshall Plan to revive Iraq's devastated economy 12/18/06

The World Trade Organization (WTO) 12/17/06

Iraq To Meet Iran, Kuwait On Cross-Border Oil Fields 12/16/06

Raising the value of the dinar against the dollar by the Central Bank 12/12/06

INTERVIEW-Iraq finmin expects dinar to strengthen 13 pct 12/11/06

Iraqi dinar builds head of steam amid nation's chaos 12/11/06

Iraq's dinar currency has risen to a nearly two-year high 12/08/06

A call to establish a higher national council for economy 12/06/06

The dropping of the dollar caused by the low interest rates 12/06/06

Commission approves projects to upgrade economy 12/05/06

Oil Infrastructure Reconstruction on Track 12/04/06

Japan ready to invest oilfields in Nassirya 12/02/06

Iraq endorses investment law for most sectors except oil 12/02/06

The Presidency ratified the Investment Law 11/30/06

UK welcomes provincial efforts in Iraq 11/30/06

The Iraqi Central Bank announced its readiness to buy the dollars 11/29/06

Iraqi Central Bank raises interest rates to 16% 11/28/06

Iraq calls for striking off debts still due to EU 11/27/06

The Iraqi dinar is witnessing a gradual improvement 11/26/06

Trillion and 480 billion dinars to support unemployed 11/24/06

Investment law in Kurdistan region opens wide horizons for private sector 11/23/06

New State Department Releases Future of Iraq 11/21/06

Iraq's debts vanish 11/21/06

Brown makes £100m aid pledge to Iraqis 11/20/06

$40B Iraq Budget For Next Year 11/17/06

Iraq weekly status report 11/17/06

Japan intends to offer a loan to Iraq 11/16/06

Demands for rapid activation of the investment law 11/14/06

Central Bank will adopt a tight monetary policy 11/13/06

Iraq bank officials to attend key forum 11/11/06

Public Iraqi Investment Company 11/10/06

The Central Bank witnesses the highest circulation 11/08/06

Japan energy: Goodbye Iran, hello Iraq 11/07/06

Government committed to adopting free market policy 11/06/06

A facilitated loan from Japan 11/5/06

11 Iraqi banks agree to launch a specialized company to finance 11/03/06

Several countries ready to provide financial aid to Iraq 11/02/06

Foreign banks in Iraq soon 11/02/06

ICI directly linked to bringing stability to Iraq 11/01/06

AUB closes US$ 1.2 billion syndicated deposit facility 10/31/06

BIBF to train Iraq Central Bank officials 10/30/06

Iraq, China to revive 1997 oil deal 10/29/06

A sudden rise of the dollar exchange rate 10/27/06

Parliament of Iraq passed a new investment law 10/27/06

Monetary Policy And Oil Production 10/24/06

The Iraqi investment law 10/22/06

A Call for Re-framing bank 10/20/06

The draft the investment law 10/19/06

Economic management in Iraq 10/19/06

Inflation index decreases during September 10/19/06

Tax exemptions for investment projects in Iraq 10/17/06
UN-sponsored International Compact for Iraqi development
10/11/06

Iraq MPs pass law to encourage foreign investment 10/11/06

Iraqi Parliament unanimously approve the investment law 10/10/06

ID exchange rate climbs slightly 10/10/06

The establishment of new financial management system in Iraq

Iraq has completed a draft law on securities and stock exchange

Citigroup, $70m Iraq credit 10/3/06

AUB completes purchase of 49pc Iraq bank stake  10/1/06

World Bank grants Iraq over USD 6 million to finance 9/29/06

An Agreement with the International Financing Company 9/28/06

Investment Director of Iraqi Exchange Market

Iraqi Central Bank to apply International Standards 9/26/06

In Order to Make Foreign Investment Acceptable 9/24/06

The International Compact For Iraq/Economic Development 9/20/06

Iraq 'determined' to settle Saddam-era debt 9/20/06

Emerging Markets Economics & Strategy Iraq  9/20/06

Iraqi finance minister pledges efforts to tackle inflation 9/19/06

The President of Iraq shares his views 9/18/06

UN Supports International Compact for Iraq 9/18/06

Iraq Central Bank: Reserves enough to support Iraqi dinar 9/18/06

EU welcomes international plans to develop pact with Iraq 9/15/06

ICB Presenting financial adjustment with available reserve  9/14/06

Iraq to convince international donors it's worthy of investment 9/13/06

The Unique Situation of the Iraqi Dinar 9/12/06

Iraq official calls for oil partnerships 9/11/06

Iraq Seeks Boost In Oil Output 9/11/06

Iraq to invest $4 billion in oil infrastructure  9/07/06

Finance minister sets Iraq's 2007 budget at $33b 9/06/06

Official reports fast job, business growth in Iraq 9/04/06

The Central Bank will actively operate on Real-time 9/02/06

Iraq turning focus to economic rebuilding 31/08/06

Iraqi Says Overall Attacks Are Declining 8/30/06

Iraq's parties reach deal on oil-sharing 8/29/06

Iraq govt eyes economy boost to ease conflict 8/28/06

Iraq govt considers spending boost in 2007 budget 8/28/06

 Iraqi Banks and Monetary Wire Transfers 8/25/06

Baghdad Flourishes in Post-Saddam Iraq 8/24/06

Iraq security adviser says violence levels falling 8/23/06

Iraqi economy and the investment incentives 8/20/06

Iraq signs $12.9m loan deal with IDB 8/20/06

Iraq's crude oil production 8/14/06

Governor of the Central Bank of Iraq 8/13/06

Cancellation of USD 120 billion of Iraq''s debt 8/12/06

The Vital Importance of Investment in Iraq 8/7/06

IMF Executive Board  8/7/06

Aso makes hushed trip to Baghdad to offer aid 8/4/06

IMF OKs Econ Program 8/4/06

Iraq's central bank offers a beacon of stability 8/2/06

World Bank approves loan for Iraq 7/31/06

IMF chief says Baghdad could get credit

HSBC close to taking stake in Iraq bank

Iraqi businesses optimistic

 
 
Iraqi Stock Exchange Opens 

July 10, 2004

Trading which began in late June was higher on the first day than at anytime previously for the old Baghdad Stock Exchange under Saddam's rule.

"Once trading is fully underway, the potential for growth is huge," said the exchange's chief executive Ahmed Taha. "There is a lot of interest in this exchange. At the moment the Iraqi economy is weak but it has a huge potential to grow." he said. "I don't want to be over optimistic but I think we will become larger than other exchanges in the region. However, this will take time so we are taking things step-by-step."

The exchange is the result of more than a year's work by over a dozen brokerage firms and banks that jointly own it. New companies want to list and the exchange is in the process of considering several.

Over a 50 person staff runs the exchange, a modest staff for a financial institution. "This stock exchange is going to help the Iraqi economy recover because it encourages people to invest money. I was surprised by the level of interest on our first day and hope this will continue." said the manager of the trading department, Jammy Afham.

On it's first day, June 24, more than 500 million shares were traded, more than the Baghdad Stock Exchange ever achieved. "It is just like anywhere else in the world, people want to buy and sell shares." said the exchange's chief executive Ahmed Taha. "We want to open up to foreign companies and hopefully this will happen in the next couple of months." Taha said.

Iraqi Bankers Meet U.S., International Financiers in New York, Washington:
June 20

Representatives of Iraq's banks are meeting with U.S. and international financial experts in New York and Washington to be briefed on the latest banking practices and to come in contact with potential U.S. business partners. The visits are sponsored by the U.S. Trade and Development Agency (USTDA). "Reconstruction and modernization of the private banking sector is essential for economic growth in Iraq," said Kevin Woelflein, Senior Advisor to the Iraqi Ministry of Finance with the Coalition Provisional Authority. "This visit has provided the delegates with a valuable opportunity to learn about modern banking practices and will help to make private banks the core of the future banking structure in Iraq." The delegation includes representatives from 12 privately owned Iraqi banks as well as the deputy governor of Iraq's Central Bank.

Coalition Provisional Authority

Presidential Order 13303: President delivers speech outlining the future of Iraq: lists five steps to achieving democracy in Iraq

The third step in the plan for Iraqi democracy is to continue rebuilding that nation's infrastructure, so that a free Iraq can quickly gain economic independence and a better quality of life. Our coalition has already helped Iraqis to rebuild schools and refurbish hospitals and health clinics, repair bridges, upgrade the electrical grid, and modernize the communications system. And now a growing private economy is taking shape. A new currency has been introduced. Iraq's Governing Council approved a new law that opens the country to foreign investment for the first time in decades. Iraq has liberalized its trade policy, and today an Iraqi observer attends meetings of the World Trade Organization. Iraqi oil production has reached more than two million barrels per day, bringing revenues of nearly $6 billion so far this year, which is being used to help the people of Iraq. And thanks in part to our efforts -- to the efforts of former Secretary of State James Baker, many of Iraq's largest creditors have pledged to forgive or substantially reduce Iraqi debt incurred by the former regime.

Full Speech

Presidential Order 13303: Allows US Citizens to invest in the New Iraq . Under this Order and the Coalition Provisional Government Order 39, a US citizen has the same rights to investments as an Iraqi citizen

IRAQ (PRWEB) March 2, 2004 -- Investment in the new Iraq is guaranteed under the Presidential Order 13303 removing sanctions on investment in Iraq . The new order allows for a restructuring of the banking system in Iraq . US citizens are allowed to invest in Currency, Stocks, Bonds, Real Estate and Business in Iraq .

Iraq has a new currency to replace Iraq 's two currencies, one of which was easily counterfeited and mostly circulated in a single denomination. Banks issue only the new currency and government employees paid in cash will receive their salaries in the new currency. Until January 15, 2004 the old and new currencies will circulate freely at a fixed exchange rate. Exchange between the old and new currencies is conducted at now charge at multiple exchange points around the country.

The other financial market structures are strong:

95 percent of all pre-war bank customers have service and first-time customers are opening accounts daily. Iraqi banks are making loans to finance businesses. The central bank is fully independent. Iraq has one of the world's most growth-oriented investment and banking laws.

The new Iraqi dinar which is printed bu De La Rue company in the US and Great Britian, is valued at just 2 tenths of one cent today. The US treasury has a strong dinar policy and is working with the CPA (Coalition Provisional Authority) to reinstate a strong decentralized banking system in Iraq . By December 2004 there will be six Western Banks in Iraq and six Iraqi Banks outside Iraq in operation. In March Three banks were given licence to operate in Iraq, National Bank of Kuwait, HSBC Bank and Charter bank of England .

 
 

President's Radio Address: New currency symbolizes Iraq 's reviving economy.

"Now that the dictator is gone, we and our coalition partners are helping Iraqis to lay the foundation of a free economy. This coming week, the Iraqi economy will reach an important milestone with the introduction of a new currency. The new Iraqi dinar notes will bear the images of Iraq 's proud heritage, and not the face of a hated dictator. For more than a decade, different areas of Iraq have used two different versions of the dinar, and many of those notes were counterfeit, diminishing the value of those that were genuine. The new dinar will be used throughout Iraq , thereby unifying the economy and the country. The new currency will have special features that will make it difficult to counterfeit.

Following World War II, it took three years to institute a new currency in West Germany . In Iraq , it has taken only six months. And the new currency symbolizes Iraq 's reviving economy."

President Bush

 
 

Coalition Provisional Authority : Dinar value on the rise.  Has Iraqi public's support.

By contrast the new currency, illustrated with scenes depicting Iraq 's important scientific contributions, its history and landscape and its economic life is steadily appreciating in value.  Since October 15th, the start of the Iraqi Currency Exchange (ICE), the new dinar's worth has risen by 25%. 

 Marking the formal end to ICE with a reminder of the programmer's purpose the Deputy Governor of the Central Bank of Iraq Ahmed Salman Jaburi said:

 "The new dinar is a real improvement on the old.  It's secure - its many visible and invisible security features make it very hard to fake - and because of this it has the Iraqi public's confidence. 

 "A secure currency will provide a firm foundation for Iraq 's future economic growth."

Coalition Provisional Authority 

 
 

What lies ahead for the Iraqi economy as it continues to stabilize? Powell says: "We're going to jump-start the economy as fast as we can with the money that Congress has provided." And, after two years of economic decline, the World Bank Group estimates that Iraq's GDP (Gross Domestic Product) will rebound by 33 percent this year.

Powell Highlights Achievements of Past Year in Iraq

A March 11 Christian Science Monitor article says the World Bank is predicting Iraqi oil production will recover almost to prewar levels later this year to around 2.7 million barrels per day compared to 2.8 million daily before the war. Right now, Iraq is bringing in revenues by exporting around 1.8 million barrels a day compared to more than 2 million barrels a day in exports in early 2003.

Iraq's infrastructure is recovering in other ways as well. On the list of quality-of-life improvements: electrical power flows again at prewar levels and is projected to continue to rise throughout 2004.

Coalition Provisional Authority

 
 

A Brief History of Iraq:

Formerly part of the Ottoman Empire, Iraq was occupied by Britain during the course of World War I; in 1920, it was declared a League of Nations mandate under UK administration. In stages over the next dozen years, Iraq attained its independence as a kingdom in 1932. A "republic" was proclaimed in 1958, but in actuality a series of military strongmen have ruled the country since then, the latest being SADDAM Husayn. Territorial disputes with Iran led to an inconclusive and costly eight-year war (1980-88). In August 1990, Iraq seized Kuwait, but was expelled by US-led, UN coalition forces during the Gulf War of January-February 1991. Following Kuwait's liberation, the UN Security Council (UNSC) required Iraq to scrap all weapons of mass destruction and long-range missiles and to allow UN verification inspections. Continued Iraqi noncompliance with UNSC resolutions over a period of 12 years resulted in the US-led invasion of Iraq in March 2003 and the ouster of the SADDAM Husayn regime. Coalition forces remain in Iraq, helping to restore degraded infrastructure and facilitating the establishment of a freely elected government.

taken from the CIA World Fact Book

 
 

 

 

  Links of Interest: