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Exchange rate

1,174.00 Iraqi Dinars = 1 USD
1 Iraqi Dinar = 0.000852 USD
  Iraqi Dinar Value for 11/20/2008
"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."
 
American Express
2008 Dinar News
Crude oil refinery to be set up in the south
June 6, 2008

The Iraqi Ministry of Industry and Minerals on Thursday said it has completed 58 percent of the construction work in a 10,000-barrel oil refinery under a $140,000 contract with the South Refineries Company.
Full Article
 
Kurds say they ready to export 150,000 barrels of oil a day
June 6, 2008

Iraqi Kurds say their investment in developing oil fields in their region has paid off handsomely and technically it currently enables them to export 150,000 barrels a day.
Full Article
 
Foreign companies, investors in Diwaniya next week
June 6, 2008

Diwaniya will receive several investors and foreign companies next week to implement strategic projects in the southern province, the governor said.
Full Article
 
UAE to name Iraq envoy soon
June 5, 2008

United Arab Emirates Foreign Minister Sheikh Abdullah Bin Zayed al-Nahyan on Thursday revealed his country's plans to reopen its embassy in Iraq and to name an ambassador in the coming few days.
Full Article
 
100 million Euros for agricultural equipment
June 4, 2008

The Iraqi Ministry of Finance will allocate the first part of an Italian loan to the purchase of agricultural equipment and machinery for Iraqi farmers and peasants, an official statement said on Wednesday.
Full Article
 
Iraq's oil exports rise
June 4, 2008

Iraq's oil production and exports have risen to their highest levels since the March 2003 U.S.-led invasion, the Oil Ministry said Monday.
Full Article
 
Kurds, Baghdad set to discuss new oil law as disputes remain
June 4, 2008

Kurdistan’s Prime Minister Nechirvan Barzani said yesterday talks with Baghdad about a long-awaited new federal oil law would continue within two weeks.
Full Article
 
UAE Firm plans $15bn real estate development project in Iraq
June 3, 2008

UAE developer Damac Properties plans a $15 billion development in Iraq's Kurdistan province to start by the year-end, the firm said yesterday.
Full Article
 
Details of Iraq's foreign debts
June 2, 2008

UN Secretary General Ban Ki-moon and Iraqi Prime Minister Nuri al-Maliki head a conference to drop Iraq's debts held on Thursday. The meeting aims to assess progress in implementing a plan approved last year to help rebuild the ailing economy of Iraq after five years of war. The United States is exercising pressure on the Sunni Arab governments to support Al-Maliki government through writing off the debts and open diplomatic missions.
Full Article
 
Baghdad, KRG to resume oil Talks
June 2, 2008

A worker hangs the flag of the Kurdistan regional government atop the drill of Norwegian public oil company DNO.
Full Article
 
Remarks at The Iraq Compact Conference by Condoleezza Rice
May 30, 2008

SECRETARY RICE: Thank you all for being here today. The United States, of course, remains committed fully to fostering a sovereign, democratic, prosperous, and unified Iraq, a federal Iraq that is at peace with itself and at peace with its neighbors. And as we move forward with the International Compact with Iraq, the United States is deeply grateful to our international neighbors for their efforts in helping Iraq develop that framework and the mechanisms not only to transform economically, but to become a full, viable partner in the international economy.
Full Article
 
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