February 18th, 2008 at 10:17pm
Under Iraqi Denar
I found a great site today that dispels the myth of investing in Iraq’s new currency and does so in one page. The site, Iraqi-Denar.info lists comment statements used by dealers in support of the Dinar and then offers the other side so you’ll understand what is really going on!
Dealers are going crazy trying to convince buyers that the Iraqi Denar will make them millions and showing a document that was sent to them from the U.S. Government approving their website for the purpose of selling dinar.
This is a preview of
Iraqi Denar - Bad Investment!
.
Read the full Iraqi Dinar post
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
See a shot you want? Grab your Nokia N76 and capture it instantly without even having to open the device. Choose from the 2.0 megapixel camera or up to 15 frames per second video camera. Dedicated keys let you easily capture, zoom and review pictures on the large 2.4" display. Edit it on the go or transfer it to a compatible PC and get creative with Adobe Photoshop Album Starter Edition. Share it by MMS or email, upload it to Flickr or simply print it.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
The Dubai Financial Market (DFM) resumed business today, Sunday, after the Eid Al Adha festivities, with a 1.6% gain, closing on 5,829.6 points. The day’s big mover was the Gulf Finance House which advanced by 8.8% to Dhs11.8. The Abu Dhabi Securities Market (ADSM) also ended in the green on 4,580.2 points, a rise of 59.4 points, or 1.3%.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
Iranian President Mamhoud Ahmadinejad is facing mounting criticism after the rate of inflation in the Islamic Republic hit 19.1% at the end of last month, reported the AFP. The figures, released by Iran’s Central Bank, represent a 7% increase since Ahmadinejad came to power in 2005. Last week, former President, Akbar Hashemi Rafsanjani, accused Ahmadinejad of tackling inflation with ’slogans and political games’.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
The Governor of Iran’s Central Bank Tahmasb Mazaheri has said the Islamic Republic presently has $8bn in its Oil Stabilisation Fund (OSF), reported Reuters. The OSF was set up several years ago to absorb extra oil revenues when prices are high, with the accumulated savings then being used for investment purposes or to support the economy when prices are low. In October, Mazaheri suggested there was actually $9.6bn in the fund.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
The Middle East’s mutual funds sector saw strong growth this year as 87 new funds were released, with 52 of them being shariah compliant, reported Gulf News. A good performance by the region’s equity markets, with some advancing 30% or more, alongside keen interest from institutional investors, should enable the sector to continue to move forwards in 2008. In 2007, 24 of the new funds were established to track Kuwaiti firms.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
Investors in India’s stock markets have been warned to expect a volatile week’s trading as worries over global markets, capital flows and the expiration of monthly derivatives contracts make an impact, reported Gulf News. The ongoing holiday period will also keep trading volumes low with major investment funds and retail investors absent from proceedings. The benchmark Sensex Index has climbed 39% this year but could ’swing widely’ this week.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
Holiday trading will be in full swing this upcoming week with the currency markets closed on 12/25 and 12/26. The only pieces of economic data due for release on Monday will be from Japan.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
Gold futures jumped Friday as the dollar retreated and oil prices rose, leading investors to seek a refuge in precious metals. Trading volume was thin heading into the holidays.
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December 23rd, 2007 at 12:25pm
Under Iraqi Dinar News
TransAtlantic Petroleum Corp. announces that effective at market opening on January 2, 2008, trading in the common shares of TransAtlantic Petroleum Corp. will commence solely in Canadian dollars under the new stock symbol TNP.
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