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Exchange rate

1,193.00 Iraqi Dinars = 1 USD
1 Iraqi Dinar = 0.000838 USD
  Iraqi Dinar Value for 8/7/2008
"Many play the lottery and place their hopes on mere numbers and odds. Some people gamble on sports stars and their chances at winning certain games. What about a gamble that might actually mean something, a gamble that involves not only more than yourself, but an entire people? A bet that just maybe a nation could move past totalitarian dictatorship & religious extremism to hopefully one day truly join the free world as full-fledged independent economy. This is your opportunity for just such a gamble, because who knows, it just might pay off."
 

Resources

FinancialStep.com - Financial Services Web Directory.
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2007: Largest natural gas field in Iraq discovered

May 25, 2007

Spokesman of the Oil Ministry, Assim Jihad, revealed last Wednesday the existence of the largest natural gas field in Iraq extending from the border of Nineveh to the West of Al-Qaaem, with extensions to the Iraqi-Saudi border. Productivity is estimated at about an initial 100 thousand barrels per day.

Jihad said that the European Union is exceptionally interested in the Ukash gas field in Iraq because of its proximity to the European Union via the strategic gas pipeline project linking to Egypt, Jordan and Syria through Turkey.

Jihad pointed out that the Ministry of Oil held intensive talks with the European Union delegation in the past few days on the Ukash field.

Assim Jihad stressed that future investments in the Ukash field would make Iraq one of the largest producers of natural gas.

Source: Iraq Directory

 

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