Why Purchase the New Iraqi Dinar

A successful Iraq will bring it’s currency Iraqi dinar from historic lows to an internationally recognized currency with world value.

New Iraqi Dinar has advanced 25% since the end of major combat operations.

The value of the new Iraqi Dinar, which had slipped to between 3500 and 4000 against the US dollar before April, 2003, advanced to 1,500 new iraqi Dinar to the dollar following the end of major combat operations in July, 2003.

The United States has pledged over $18 Billion, military and civilian support, debt relief and economic ties that will give Iraq the capability to develop its potential as a $70 billion a year economy, one of the largest in the region.

Iraq’s oil reserves over $10 trillion.

A vibrant country with a highly educated population of just over 22 million people, Iraq possesses oil reserves of over $10 trillion at the current market value.

Released from the repressive regime of Saddam Hussein, Iraq has the potential to become a $70 billion dollar a year economy, with one of the largest oil and gas reserves in the world, second only to Saudi Arabia.

Major industrial nations from around the world are in Iraq.

Major industrial nations from around the world are present in Iraq, either as military or civilian support, to assist Iraq in its desire to establish a safe, secure and economically sound country.

Trillions of dollars have already been pledged for repair and restoration. Reconstruction of the infrastructure including power, water, road and highways, IT and phone systems, and health and human services, has already begun.

Iraq making all the right moves.

Regional agreements.

Iraq is quickly establishing beneficial relationships in an effort to export its oil and gas reserves through already established pipelines in its neighboring countries.

Monetary system of Iraq.

The monetary system established by the new government encourages foreign investment, a key to develop a strong economy.

Central bank of Iraq.(CBI)

The Central Bank of Iraq is an independent agency, not affected by the political parties of the many factions in Iraq.

Iraq Stock exchange market.

A new iraqi stock market opened recently with over with record trading volumes pushing iraqi stock prices drastically upwards for the 27 firms listed, with over 2 billion shares changing hands in only 6 trading sessions.

Iraq Bond market.

The central bank of Iraq offered its first treasury bonds on July 18th, with broad participation of the private commercial banks of Iraq.

Iraq Real estate market.

Real estate in Iraq is booming, largely because of the severely depressed prices due to the restrictive policies of the old regime. With money flowing into Iraq, citizens are now buying houses in neighborhoods generally reserved for government officials.

Iraq Oil production.

With the new government firmly in place, the reconstruction of the infrastructure including rebuilding many of the major oil fields is steadily going forward. Iraq has signed tentative agreements with international oil companies to exploit its vast oil reserves.

Hope going forward.

It is hoped that within 1 to 2 years the oils fields will be producing sufficient oil to build a foundation for revenue and within 5 to 10 years Iraq will return to its place in the world economically, socially and politically.