Search Results for "will the dinar rise in 2011"
Business Friendly Laws Needed in Iraq
Posted by: | CommentsDan Carlson asked: After seven years of war, Iraq’s economy is essentially like a blank slate. Besides its oil trade, Iraq is in dire need of foreign investment to rebuild its infrastructure, including roads, commercial buildings, residential housing units and electric grid. Foreign investment has been flowing into Iraq as Iraq has auctioned off rights [...]
How Iraq’s Booming Oil Trade Affects the Dinar
Posted by: | CommentsDan Carlson asked: Iraq is continuing to show how focused they are on their oil trade. Huge amounts of foreign investments are coming into support Iraq’s oil trade. By 2011, Iraq is planning to increase its oil exports from 2.6 million barrels per day to 3.6 million barrels per day. The biggest challenge Iraq faces [...]
Internationalization Of Chinese Currency – RMB
Posted by: | CommentsMarie B. Thomas asked: The issue of China’s currency’s internationalization has been highly discussed recently. The Chinese government is to tender the second issue of Yuan-denominated sovereign bonds abroad. On the 6th of December, China’s central bank will expand the number of the mainland enterprises which can do their international trade settlements with RMB. According [...]