Stop Fundamentalism.com, November 27 â€“Iraqi Dinar closed just below 1444 Dinars per Dollar today in Iraq exchange market. This is a two Dinars rise from last weeks 1446 to 1447.
Since the introduction of new Iraqi Dinar, this currency has demonstrated a great potential in gaining value against Dollar. Last month on this day Dinar was sold for around 1470 per Dollar.
Reports indicate a high volume of trade by Iraqâ€™s Central Bank through its network of participating Banks throughout Iraq.
Some analysts anticipate that the Iraqi government plans to push Iraqâ€™s Dinar value high to be fixed at 1000 per Dollar. That is a prediction which may seem impossible, considering the current political and security crisis in the country.