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The eyes of investors to the Iraqi dinar
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The eyes of investors to the Iraqi dinar
The eyes of investors to the Iraqi dinar
Posted 11/06/2012 01:38 PM
Babinaoz (Reuters) - An economist, "The density bank is very high in Iraq in terms of number of branches of banks located in cities and auditors." Explained economist at the Ministry of Finance Crescent Taan "It should be no more than customers Bank One for 10 thousand customers, while the the number of customers for each government bank now estimated at 46 thousand customers. "
He pointed out that the banking sector in Iraq, whether governmental or civil suffered many problems caused find work in this sector. He believed that the most prominent have an inkling of government banks is the lack of staff banking specialist to work efficiently, since the proportion of specialists 0.1% of the total staff of public banks In addition to the lack of citizens' awareness of the banking business. "
and spread in the cities of Iraq, several branches of state banks assume the distribution of pensions and social protection network, which generates considerable pressure on those branches. According to an economic report released in London, that the eyes of investors focused on the new conditions of the Iraqi dinar.
According to that discussions were heated, as to whether if the dinar now (investment opportunity) better, or worse to buy currencies of emerging. In the face of this shift has launched a Sterling currency, a news site, designed to obtain information from reliable sources to protect their customers which publishes rumors and false information about the Iraqi dinar. Taking careful site mentioned on the availability of integrity and transparency "when buying and selling", all the investors around the world, they see that there are more than considered before making a purchasing decision, including the political, economic and security situation in Iraq, in addition to "volatility of the Year" in the foreign exchange market.
and investors need - as the report says - to accurate, fair and not misleading to counter what they call "wiggle daily prices" of the Iraqi dinar.
and take the investors their decisions with difficulty in the event of buying hard currencies - including the Iraqi dinar - as a result for fear of entering this market non-traditional. There are many dealers of hard currency from the notorious, who put out rumors, or misleading information in order to gain!. and confirms the report in this context the need to avoid falling victim to the tricks of these.
He says that investors spend some time in the make sure that the merchant that displays the currency is committed to international standards, before deciding to buy the currency, including to sell the real currency, and provides a money back guarantee. and has a long history and continues to work .. is not covered by the province by the secret services that monitor the currencies in the United States and Britain Canada and other countries.
http://www.babnews.com/inp/view.asp?ID=54038
Posted 11/06/2012 01:38 PM
Babinaoz (Reuters) - An economist, "The density bank is very high in Iraq in terms of number of branches of banks located in cities and auditors." Explained economist at the Ministry of Finance Crescent Taan "It should be no more than customers Bank One for 10 thousand customers, while the the number of customers for each government bank now estimated at 46 thousand customers. "
He pointed out that the banking sector in Iraq, whether governmental or civil suffered many problems caused find work in this sector. He believed that the most prominent have an inkling of government banks is the lack of staff banking specialist to work efficiently, since the proportion of specialists 0.1% of the total staff of public banks In addition to the lack of citizens' awareness of the banking business. "
and spread in the cities of Iraq, several branches of state banks assume the distribution of pensions and social protection network, which generates considerable pressure on those branches. According to an economic report released in London, that the eyes of investors focused on the new conditions of the Iraqi dinar.
According to that discussions were heated, as to whether if the dinar now (investment opportunity) better, or worse to buy currencies of emerging. In the face of this shift has launched a Sterling currency, a news site, designed to obtain information from reliable sources to protect their customers which publishes rumors and false information about the Iraqi dinar. Taking careful site mentioned on the availability of integrity and transparency "when buying and selling", all the investors around the world, they see that there are more than considered before making a purchasing decision, including the political, economic and security situation in Iraq, in addition to "volatility of the Year" in the foreign exchange market.
and investors need - as the report says - to accurate, fair and not misleading to counter what they call "wiggle daily prices" of the Iraqi dinar.
and take the investors their decisions with difficulty in the event of buying hard currencies - including the Iraqi dinar - as a result for fear of entering this market non-traditional. There are many dealers of hard currency from the notorious, who put out rumors, or misleading information in order to gain!. and confirms the report in this context the need to avoid falling victim to the tricks of these.
He says that investors spend some time in the make sure that the merchant that displays the currency is committed to international standards, before deciding to buy the currency, including to sell the real currency, and provides a money back guarantee. and has a long history and continues to work .. is not covered by the province by the secret services that monitor the currencies in the United States and Britain Canada and other countries.
http://www.babnews.com/inp/view.asp?ID=54038
Re: The eyes of investors to the Iraqi dinar
The highlighted red does sound like good news...
Guest- Guest
Re: The eyes of investors to the Iraqi dinar
I'm not so sure. I could be way wrong but, when I read this article and after a few minutes of digesting it, I think its some sort of a hybrid or combination of articles injected with conjecture to confuse and mislead people.
It almost seems like the writer is accusing Sterling Currency of propaganda (pumping) to sell Dinar currency to unsuspecting people all over the world. Then it seems somehow modified by somebody to put a spin on it to make it sound like a good thing..
I'm not real sure but, for some reason it's not passing my "smell test"..
chevysteve- Elite Member
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Re: The eyes of investors to the Iraqi dinar
Actually I read the reference to Sterling completely opposite ... although I will grant you it seems ambiguous ... but the part about rumors and false information is the part that seemed to me to be out of context, as if it was stuck in there.
Also of interest was the reference to the dinar as a "hard" currency. I don't think I have seen that used before in the context of the dinar.
Also of interest was the reference to the dinar as a "hard" currency. I don't think I have seen that used before in the context of the dinar.
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: The eyes of investors to the Iraqi dinar
Yea Kev, It does seem a bit confusing but, there again, it doesn't take much to confuse me anymore.
As for the "Hard currency" part....... The only thing I have noticed is that it's "Hard" to make a profit!!!
chevysteve- Elite Member
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Join date : 2011-12-01
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Location : GULF COAST USA
Re: The eyes of investors to the Iraqi dinar
Yea, well it caught my eye, because when they have talked hard currency before it was USD ... I may be wrong, but I do not remember the dinar being called a hard currency before ... not to mention the use of investors and dinar in the same sentence ... 8)
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: The eyes of investors to the Iraqi dinar
Kevind53 wrote:Yea, well it caught my eye, because when they have talked hard currency before it was USD ... I may be wrong, but I do not remember the dinar being called a hard currency before ... not to mention the use of investors and dinar in the same sentence ... 8)
Good point.
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