Monthly Archives: June 2013

Dinar Plunges: Traders of Iraqi Currency Break Sanctions

Posted on June 14, 2013 by iraqidinars

In Iraq, where not every citizen owns a bank account, the foreign currencies trade is hugely unlicensed. Nowadays, traders of money are smuggling United States dollars to sanctioned countries, Iran and Syria. The Iraqi government may well be making use … Continue reading →

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4 Accused for $23m Fraud on Iraqi Dinar

Posted on June 10, 2013 by iraqidinars

The owner and three members of staff of a United States business that promise high return on the Iraqi dinar, have been charged by a federal grand jury on wide-fraud indict and conspiracy for purportedly deceiving investors out of over … Continue reading →

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World Banking to be Changed by New Iraqi Dinar

Posted on June 6, 2013 by iraqidinars

Recently, the Central Bank of Iraq has made an announcement that the new Iraqi dinar’s introduction has been delayed because of the conflicts with the advanced technology that it will utilize. According to the said bank, drastic new functionality which … Continue reading →

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