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Fever of speculation in the Iraqi dinar sweeping global financial markets and private jets moving from Erbil!!

03-10-2011 | (Voice of Iraq) -Baghdad / Dubai / private

Revealed the financial sources familiar with in Dubai for the points of U.S. founded a Web site online, titled (iraqidinar.com), respect to speculate in the Iraqi dinar and encourages Americans to this, as he says a source from inside the Green Zone that some of the condos to the leadership of officials and officers turned to the banks do not comply with the specifications of the financial storage because they were filled with U.S. currency.

The same sources quoted by traders on Wall Street for invitations and announcements launched by the U.S. administration to encourage the purchase of the Iraqi dinar, through the Web site, which provides a detailed explanation on how to buy the Iraqi dinar, agents and pricing.

sources said that there is a fever to buy the Iraqi dinar sweeping the financial markets in the Gulf, Wall Street, noting that a major GCC banking companies active in this field and offers great facilities for asylum-dinar purchase and transportation of a private aircraft from Arbil to anywhere in the world.

Underscoring the Iraqi Central Bank that the year two thousand and thirteen will delete the zeros and the currency exchange, pointing out that the current currency formed a cluster of large cash estimated thirty trillion dinars, says economic expert, who requested anonymity, said the Iraqis to delete the three zeroes from the currency in order to raise the value of , explaining that the delay was for about a year to give the opportunity to collect the Iraqi dinar from the market, especially now that there are traders who store the dinar to a monopoly in the right moment. He said the Iraqi economic expert, promoting Americans to buy the Iraqi dinar, and said that the Americans claim to their own citizens to trade in dinars and buy it, but that the American call for that almost make you buy it already and nationally, he said.

According to the economist, who works as a consultant to major financial houses Gulf, the Kuwaiti dinar has doubled its value 3 times after the liberation of Kuwait, while the value of the Iraqi dinar and Iran after the war two and a half, and is now a candidate for the high value of 4 times.

He disclosed that Kuwait, Jordan and the Gulf States and the United States in particular and Israel to deal with Iraqi merchants, including Kurdistan and some who have taken from the Gulf, Jordan and Syria, the headquarters for them to collect the dinar and sold at competitive prices, pointing out that billions of dinars are stored in private homes called (Ware House), which like banks, but trading was not working only be stored and deposits whatever their value Kamanat Bossullac.

He noted that some of this strange procedure, but it really Ihddt, Valdanar stores and bought an escape from the country's aircraft formal and informal, and perhaps with the knowledge and involvement of senior government officials and influential.

According to the expert, the Central Bank of Iraq has reservations on the reserve of more than $ 4 billion Kkhozan strategic, revealing that Prime Minister Nuri al-Maliki to exercise strong pressure to pull this stockpiling, but the bank rejects it every time because it means the bankruptcy of the state. And the transfer of an expert from one of the delegation members who accompanied House Speaker Osama Najafi, during his recent visit to the UAE, saying that Maliki is trying to control the Central Bank of Iraq, specifically stockpiling strategic than the dollar, through a plan of a two-pronged one: to weaken the central bank as an independent first, and and then placing the hand on the inventories of strategic dollar, before the start of plan to raise zeros.

In the meantime, according to a source from inside the Green Zone, some condos with leaders and officials and officers turned to the banks not matching the specifications of storage because they were filled with financial currency U.S. dollar.

The source says that this process has affected the level of trading currencies in the Central Bank of Iraq, but are invisible until the moment, but he expressed the belief that this will cause major problems on the economic level of the later.

According to the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, the Bank's strategy of deleting three zeros and the currency exchange will be at the beginning of a new year and the budget for the new Iraqi state, are expected to switch the currency in the new fiscal year for the year two thousand and thirteen.

He said that the zeros have been added for the currency led to the deterioration of the currency in Iraq has led to weakness in the efficiency of monetary exchange, noting that what you are suffering monetary institutions of Iraq at the present time of the errors in the accounts and records of returns caused by the high number of currency that are difficult to read, explaining that greater currency in Iraq at the present time is equal to twenty-one dollars and are not able to cover large payments.

Salih stressed that the process of removing the zeros and the currency exchange is the process of administrative reform of the Iraqi currency cash and thus do not affect the value of things to raise the per capita income or change in Iraq.