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Economics

Iraqi Dinar could rise as much as 15%

The General Secretariat of Iraq’s Council of Ministers has ruled out the replacement of the currency or cancellation of three zeros “at this stage”, and it is seeking to raise the value of the dinar against the dollar. The Secretary General of the Council of Ministers said that the project to replace the currency, dropping the three zeros, was discussed but is not a priority for the government at this time being, and “there is no real problem in this field”. (Iraq Business News)

Source: http://www.iraq-businessnews.com/2013/02/05/iraqi-dinar-could-rise-as-much-as-15/

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 963.1 4.9% 32.8%
USD RSISX 848.6 5.0% 28.0%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BLAD 0.220 15.8%
VKHF 0.100 11.1%
BIME 0.220 10.0%
BBAY 0.120 9.1%
BELF 0.480 9.1%

Worst Performers

Code Closing (IQD) % Chg
IMIB 2.500 -3.8%
TZNI 2.250 -2.2%
SMRI 2.330 -2.1%
BCOI 0.700 -1.4%
IICM 0.840 -1.2%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BNOI 756.6 513.6
BBOB 521.4 354.0
BMNS 189.0 128.3
TASC 171.3 116.3
IBSD 110.6 75.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 171.6 116.5
Banking 1,760.3 1,195.0
Industry 221.3 150.2
Hotels & Tourism 4.6 3.1
Services 76.1 51.7
Agriculture 19.5 13.3
Insurance - -
Investment 0.3 0.2
Total 2,253.8 1,530.1