On October 15, 2003, a new Iraqi dinar was released at Saddam Hussein’s deposition, after the US-led coalition overthrew the government of Iraq. When investing in the Iraqi dinar, you have to do your own research to get the latest dinar recaps and news. In this article, we will review some of the best places to help you as a budding dinar guru stay current on the latest Iraqi Dinar intel.
DINAR RECAPS FROM DINAR GURUS
- Treasury Vault
- XE.com
- Trading Economics
- Iraqi News
- IraqiBusinessNews
- Central Bank of Iraq News
After the release of the Iraq dinar, the Iraqi currency has continued a range-bound valuation which has attracted the attention of currency investors. Since it’s possible to buy Iraqi dinar at a low price and sell Iraqi dinar at a significantly higher price after revaluation, many dinar dealers are finding it easy to attract people interested in an Iraqi dinar investment.
Because there is an enormous gap in the exchange rate between the Iraqi Dinar (IQD) in relation to the US dollar, it’s valuable to stay abreast of the latest Iraqi RV news, as well as general Iraqi news. Besides paying attention to Iraqi dinar news in your local newspaper and tuning into information sourced from Iraqi TV news on your local television channel, it’s also a good idea to pay attention to Iraqi daily news from sources outside the US. For instance, pay attention to Iraqi national news and Iraqi government news to get a feel for how the country is rebuilding. You may also be interested in more targeted types of news about Iraq’s economic, currency, banking, and other financial news.
Unfortunately, despite the abundance of Iraqi news online, it is not always easy to find out what is really happening in Iraq or discover the latest news about revaluation. Many blogs report dinar rumors on when the Iraqi dinar currency will revalue, rather than present actual breaking Iraqi news. What’s more, many news sources that provide dinar intel spin the information, adding marketing hype in order to entice readers to buy dinars from them or from dinar sellers advertising with their publication. In short, dinar guru recaps, updates, investments, and currency reset news are often slanted to influence readers rather than inform them. So, when it comes to the dinar, Iraqi news is often not as accurate as it could be.
In fact, you need to become something of a dinar detective to get objective information. You want actual facts, rather than slanted dinar speculations and biased news stories. This will help you avoid getting ensnared in the wrong Iraqi dinar investments. Many Iraqi dinar gurus have been known to deceive smart investors by starting dinar rumors.
Here are the best sources to get information about Iraqi dinar rates so you can stay current on what is happening in Iraq and the Middle East.
1. Treasury Vault the Ultimate Dinar Gurus
Treasury Vault, a currency exchange company and dealer of silver and gold, has been registered with the US Treasury Department since 2011. Treasury Vault always has the latest news on Iraqi Dinar Recaps and is considered the best Dinar Guru when evaluating the Iraqi Dinar market. Get the latest news and research attreasuryvault.com. Besides assisting customers with currency and precious metal investments, we write researched-based articles on a variety of financial topics, including providing up-to-date reports of Iraqi Dinar revaluations.
Articles about the dinar stay on top of emerging trends to help readers who are trading the Iraqi Dinar maximize their returns. Readers can browse an extensive collection of articles aboutthe history of the Iraqi dinar, read aboutrevaluation updates, including discussions on the Iraqi dinar as analternative investment to a volatile stock market. In essence, Treasury Vault not only covers the exchange rate of the dinar in relation to the dollar, but they also offer a long-term historical range of the dinar to the dollar. In addition, Treasury Vault provides ongoing research and updates about the latest Iraqi political and economic news to help readers get a better sense of when the dinar might revalue.
2.XE.com
XE.com is a Canadian company based in Newmarket, Ontario. They offer online tools for foreign exchange transactions. It has a number of tools useful for those who want to invest in foreign currency. For instance, it has an online currency converter and other services related to global currency trading.
Their currency ranking charts keep you updated on the current exchange rate between the United States dollar (USD) and the Iraqi Dinar (IQD). Besides showing the latest Iraqi dinar rates, they also provide an online currency converter. Investors who want a consistent stream of updated information about daily currency rates and analysis are encouraged to subscribe to their newsletter and read articles on the XE Currency Blog. In addition, there is the XE Currency App to stay current on IQD exchange rates while you’re on the go.
3. Trading Economics
Founded in 2008, Trading Economics is regularly visited by people from over 200 countries. This global popularity is due to its role as an online portal to access big data. Headquarters are located in the Greater New York Area, the East Coast, and the Northeastern United States.
Trading Economics provides the following data for investors:
- Historical Data
- Economic Forecasts
- Business News
- Trading Recommendations
- Trading Information of 196 Countries
All of their data is derived from official sources rather than third-party sources like other blogs, magazine articles, or reports. In addition, the information is routinely fact-checked to prevent errors or inconsistencies.
The website gathers andprovides statistical data of the following:
- Economic Indicators
- Exchange Rates
- Stock market Indexes
- Government Bond Yields
- Commodity Prices
This is also an excellent website to stay current on all data related to Iraqi news and IQD rates.
4. Iraqi News
Started shortly before the Iraq war, IraqiNews.com is an online news website where you can stay informed about what is happening in Iraq and the Middle East. The news — available in English — covers political, economic, and social news about Iraq and its neighbors. Get the latest news about the prime minister, the government, the private sector, and the free enterprise market from Iraqi journalists. When investing in the currency, it’s always a good idea to stay well-informed about the country’s political and economic conditions so that you can make smart decisions about whether to buy or sell currency rather than wait to hear the latest news from secondary or tertiary news outlets from journalists outside Iraq. This online newsletter also offers frequent updates regarding Iraqi dinar news.
5. Iraq Business News
Based in the United Kingdom, Iraq Business News provides plenty of Iraqi local news. Launched in February 2010, it has become a go-to resource for business people and investors interested in all Iraqi news, focusing on the Iraqi government, Iraqi parliament, and Iraqi oil news, as these provide insights about the political and economic progress of the country.
This news source has been reporting on Iraq’s condition after the war, as the country gradually evolves from a country mired in ruin and economic stagnation to one with a recovering economy. It has reported on the revitalization of some of the largest oilfields in the world, including a real estate boom leading to the construction of over two million new homes. They also focus on new infrastructure being put into place to support a modern economy.
This news website has more than 100,000 page views each month and has about 24,000 subscribers. It delivers the latest business news directly to your inbox, providing Iraqi dinar news and offering insights about the development of Iraq.
6. Central Bank of Iraq News
The best place to get Iraqi bank news and Iraqi currency news are directly from the Central Bank of Iraq’s website. As a global currency investor interested in staying on top of what is happening with Iraq’s currency, you can learn much by visiting their website. Although the information is in Arabic, Google provides a translation tool to read the information in English.
Dinar Revaluation
Thereareseveralreasons why thereis a very good chance of a dinarrevaluationin the near future:
- The election of a new prime minister successfully concluded on August 10, 2018, initiating a new type of Iraqi government, one focused on avoiding political and religious sectarian squabbles, thus creating a stable economy for a revaluation of the currency.
- The Iraqi economy has continued to improve even after the withdrawal of US armed forces. For instance, Iraq is developing mutually beneficial relationships with influential countries like Saudi Arabia who are funding reconstruction projects and real estate development in Baghdad and other major cities. Iraq is also forming business relationships with multinational corporations and international banks.
- Public polls show more equality among citizens and less polarization of political, ethnic or religious groups. These changes are a result of the new Prime Minister’s initiatives to increase transparency, eliminate corruption, and provide rules and regulations that restore faith in the country’s institutions.
- Currently,Iraqis in theprocess of rebuilding. In 2016, the IMF gave the country an $18 billion loan, estimating that the GDP would increase by 3% every year after 2017. Since Iraq has abundant oil reserves, it is also planning on increasing oil production and exporting some 3.4 million barrels of oil a day to turn the national deficit into a surplus — if oil prices continue to stay high.
Dinar Recaps for the Investment Guru
For many years now, long-term investors have been buying large amounts of dinar waiting for the Iraqi currency to revalue so that they could profitably sell back their dinars.
When investing in the Iraqi dinar, you have to do your own research to get the latest dinar recaps. Far too many Iraqi dinar guru bloggers and sellers provide out-of-date or biased information. If you aren’t careful, you could end up reading outdated and incorrect information. Many people often tweet conspiracy theories and news rumors, so you need to be careful about your new sources.
Treasury Vault will give you reports about what is happening with the Iraq dinar. XE.com and Trading Economics will give you a variety of tables, charts, and tools to stay up-to-date on the exchange rate between the IQD and the USD. In addition, it’s important to be well-informed about events happening within and around Iraq, and for that information, we recommend, Iraqi News, Iraqi Business News, and Central Bank of Iraq News. Using the news sources listed in this article, you can get accurate information about Iraq’s development and its currency so you can make wise investments.
