Iraqi Dinar 123 News:
The new government is going to take its responsibilities by the mid of this month - means before the 15th of June.
The priority of the Nuri Al Maliki administration is to increase the value of Iraqi dinar in the international market. Now it is time to play, as the ground is ready and the stage is set for them.
Just a few political issues are behind the scene that are major obstacles for the government and central bank of Iraq to take action.
IMF and World Bank are also waiting for the formation of the new government so that they may finalize the rates of Iraqi dinar against US dollar.
Our sources say that they already have given the rates to the IMF, the lower and higher for the completion of the revaluation of the Iraqi dinar.
The final discussion is left for the implementation of revaluation of Iraqi dinar.
Soon the people will find themselves in the unbelievable situation when they will be millionaires in a very short time period.
A member of finance committee of Iraq told us that revaluation of Iraq dinar will be occurring in the next couple of days as the new government is formed after fulfilling the legal procedure.