Iraqi Dinar News - 2008 Dinar News

2008 Dinar News

Iraq claims to have the largest proven oil reserves on Earth

May 21, 2008 Iraq sharply lifted the official size of its oil reserves yesterday after new data suggested they could exceed Saudi Arabia's and be the largest in the world.
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CBI attributes higher inflation to intl. increase in food prices

May 22, 2008 The Central Bank of Iraq (CBI) attributed the rise in the basic inflation rate in April 2008 to the unexpected increase in international food prices.
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Iraq signs investment contracts of more than 63 billion dollars

May 21, 2008 Iraq signed with a large number of investment companies in the world for decades to set up projects with a resurrection more than 63 billion dollars. The most prominent of these projects, according to head the Iraqi National Investment Authority, Dr. Ahmed Reza.
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Iraqi oil revenues increase by $250 million in April

May 21, 2008 Iraqi oil revenues increased by $250 million in April compared to March 2008 due to the hike in the oil prices in the international markets, Iraqi oil ministry spokesman said on Wednesday.
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Drop in the demand for the dollar in Iraqi dinar auction

May 21, 2008 Demand for the dollar was down in the Iraqi Central Bank's dinar auction on Wednesday, reaching $76.130 million compared to $127.485 million on Tuesday.
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Iraqi Minister on Increasing Oil Output, Contracts With Foreign Companies

May 20, 2008

Al-Iraqiyah Television at 1610 gmt on 6 May 2008 carries in its "At the Minister's Office" feature a 50-minute interview with Iraqi Oil Minister Husayn al-Shahrastani. The interview is conducted by Ala al-Hattab in Baghdad.

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Iraq aims to lift exports to post-war record

May 20, 2008 Iraq aims to sell an extra 125,000 barrels per day (bpd) of northern Kirkuk crude in June, lifting overall shipments to a post-war record, a senior Iraqi oil official said on Monday.
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We Are Making Progress in Iraq

May 20, 2008 While the media offers mostly images of violence, and many Americans have grown weary of the war in Iraq, I bring hopeful news to Washington this week as I meet with the administration and members of Congress.
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Iraq is biggest-ever emerging market

May 19, 2008 Iraq's deputy prime minister said on Monday that his country was the world's largest-ever emerging market, with foreign companies lining up to invest in the war-ravaged economy.
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Iraq is accepting more companies to bid for oil deals

May 19, 2008 Iraq is planning to issue a new list of pre-qualified international companies to bid for future oil and gas deals to develop the country's fields, a spokesman for the Iraqi Oil Ministry said Monday.
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Demand for dollar up at daily auction

May 19, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Monday, registering at $74.155 million compared to $55.190 million on Sunday.
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