Thread: Iraq/Dinar News until April 26, 2007 Midnight cst.

After a week of the security plan : Iqbal Gluttonously to buy dinar in Jordan and indicators for the growth of the Iraqi economy
22 / 02 / 2007
NOTE: This article is 2 months old.

Iraqi economy continues to grow despite war.

After a week of the security plan : Iqbal Gluttonously to buy dinar in Jordan and indicators for the growth of the Iraqi economy.

Appeared early second week of the security plan new indicators evidenced by what is happening on the ground in Baghdad had implications for the economic and social whole, the media sources said that there was widespread demand for buying the Iraqi dinar in Jordan, Palestine, Egypt and Lebanon.

She said the exchange market in Jordan to currency dealers in Jordan Asbecht sells dinar 800 million dollars were uncovered Yassin Mahamed a cashier from Umm el-Fahm that calls dinars from Iraqi companies by phone or e-mail, received by customers and Russell came to Jordan from Baghdad. He said, "The recently created companies imported Iraqi dinars us in the form of new banknotes bearing the numbers modules and mostly value 25 thousand dinars."

Sarraf said Iyad preacher from Nazareth in Palestine that the demand for the Iraqi dinar has exceeded all expectations, adding that the demand for increasing from day to day due to trading topic among people, He added that in the beginning the Jews came to buy dinar fever but also moved to the Arabs who Abtaaoua large amounts of traders who conjuring up dinars from Iraq by Jordanian traders.

He said economic expert Ramzi Halabi of the island indicated that "the very widespread phenomenon in Jordan, Egypt and the United States and some European countries, where many believe that Iraq is rich in oil and minerals from the regulatory and with a new dinar, which will enable them to reap substantial profits.

Some observers of this development in light of the good achievements of Baghdad security plan and the growth indicators are going to leapfrog the Iraqi economy to rising numbers, making investors and traders bourse expected Iraqi economy to invest in it as soon as possible .

The "Konvernes Bord" group, which researches economic status of New York in its report on productivity in the Middle East, that the growth rate of GDP rose by Iraqi 7.3% in 2005 compared with a decline of 14.2% in 1995.
The report issued Tuesday that the growth in Iraq due to the overall economic expansion, which could be seen in the region.