Date: 2012-09-14 14: 29: 21 Friday
Baghdad (News) … Financial expert stressed on behalf of the beautiful, the Iraqi dinar has begun recovering after the high value of demand in the Gulf banking markets, noting that the dinar rose worth either Dirham in Dubai banking market by (0, 26%) Evidence of the strength of the national economy.
A beautifully (News Agency news) on Friday: the currency is the face for the economy when the Iraqi dinar and other currencies supported is its “dollar” is in contrast to the pumping of Iraqi crude oil and an increase in exports and a rise in oil prices in global markets, noting that almarbine in States experiencing avoid its economy accept to buy Iraqi dinars.
He added: they expect that the Iraqi dinar may occur when great strides and increases its value and a recovery in Iraqi market occurs, in addition to frequently talk about project delete three zeros that Iraqi currency may give strength and momentum of the Iraqi dinar against foreign currencies, all of which contributed to the blockbuster speculators on world markets to buy Iraqi dinars.
He added: the report issued by the Dubai banking market, which increases the value of the Iraqi dinar against the UAE Dirham rate (0, 26%) Proves that the Iraqi dinar and the national economy has begun recovering due to strong holdings of large reserves of natural resources, as well as foreign currency, which are ghtaea to the dinar.
The report revealed the exchange market in Dubai, the Iraqi dinar rose against the dirham over the past week by 0.26%.
The report said: relatively decreased movement conversion and speculation and Exchange last week in Forex trading companies in UAE, coinciding with the start of the new school year and the end of the holiday season, where declining at this time of year rates of liquidity in the forex markets, Forex, the Emirates, the Iraqi dinar rose against the dirham over the past week by 0.26%, registering 0.0032.