STRIKE IT RICH BY KNOWING ABOUT DINAR
FACTS AND UNDERSTANDING PERFECT ANALYTIC REPORTS.
Making Your Dinar Investment in Big Money |
People who have knowledge, do not
get into predicting things and people who predict does not have knowledge.
Ironically, the investment market is driven mainly by the predictions, but
dinar investment is an exception to this. The trick here is to know about the Iraqi Dinar Investment 2015 as a
currency and the oil sector that forms the backbone of the dinar.
Dinar Knowledge:
In order to issue the notes and
maintain the reserves for the Iraqi dinar, Iraqi Currency Board was formed in
London in the year 1931. After the formation of the Iraqi currency Board the
value of the Iraqi Dinar in the year 1932 to the year 1982 is said to be
varying in between the range of $ 5 and $ 3 per dinar. Because of its link to
the British pound Dinar kept on strengthening.
The major reason for the argument about
investing in Dinar is certainly because of the abundant oil & natural gas
reserves. With 34 trillion Iraqi Dinar out of the banks in Iraq and the
exchange rate that is consistently doing good, if Dinar moves up even just one
cent, then the percentage return on the Iraqi dinar would be 1,329%.
A close observation and analysis
of the purchasing power parity of Iraq would help us in getting a clearer
picture of economically developing Iraq.
GDP of Iraq:
Iraq had a GDP which was worth
222.88 billion USD in the year 2013. This GDP value of Iraq has a
representation of 0.36% in the economy of the world. It reached 222.88 billion
USD, an all-time high in the year 2013.
Iraq ranks 53rd in the country comparison of
the GDP and if we compare the real growth rate - GDP of Iraq to other countries
it ranks 15th in the world.
Industrial Production Growth rate of Iraq:
Iraq ranks 14thas compared to the
other countries in the industrial production growth rate.
The percentage increase in the
annual production is inclusive of the manufacturing industry, mining industry
and the construction industry.
Current account balance:
According to the information from
the CIA World Fact book Iraq's current account balance in 2012 was $29.54
billion, which ranks 16th as compared to the other countries.
Making Your Dinar Investment in Big Money |
Iraqi economy - Synopsis
An overview of these facts about
the Iraqi Dinar and the economy of Iraq drives our attention to the financial
facts about Iraq which is very important while making an investment. This
analysis will help in making improvement in our investment behavior and also in
our motive to invest. A proper understanding of these facts hopefully means
making the right decision and making risk free profit by investing in Iraqi
Dinar. You can easily assess the risk involved in the dinar investment in a
very rational way. Investment dinar
gurus often suggest that there is a risk element involved as we don't tend
to make decisions that are balanced, we just keep on confirming what we want to
believe. The financial planners stresses that if an individual is not in need
of money for the next few years he should put his money to work. The future is
unpredictable still we forecast. But the dinar investment is a decision that is
driven by the facts and perfect analysis of the Iraqi economy.
Iraq's improving environment
pertaining to the security and the other nation's initiation in investing in
Iraq is encouraging the economic activity, especially in the oil industry,
energy, construction and the retail industry. The Iraqi governments passing the
important policy reforms are laying down the foundation for the better living
standards. 90% of the government revenue
comes from crude oil industry. The Geo political tensions have an adverse
effect on the oil revenues, but the geopolitical tension are not there only in
Iraq, even China has disputes with the neighboring countries adjacent to the
south and the seas of the East China, the latest dispute with Vietnam over the
Chinese oil rig location. The latest figure of the oil production in Iraq shows
that Iraq has reached the level that it had in 1970.
The leaders of Iraq are pressing hard to
transform the gains from macroeconomic into improvised living standards for the
people of Iraq. Unemployment ratio is declining and the government of Iraq is
deregulated in order to encourage the private enterprises which are making it
simpler for the citizens of Iraq and the other nations to start up a new
venture and business in Iraq. The important steps that are being taken in the
direction of a establishing a growing economy are, banking reforms and the
global trade and business tie ups.
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