The future of the dinar
The country is hopeful that it will be one of the biggest oil suppliers that could generate billions of annual revenue in the next few years. To sum it all up, the Iraqi dinar has the potential to increase its value in the future. Iraq’s authorities aim to build a new monetary system and encourages foreign investments. As the world’s second-largest owner of oil reserves, Iraq is growing rapidly as a regional economic power. And, the country faces an even brighter future ahead. Since the Iraqi economy and Iraqi Dinar depend on revenues from oil sales, understanding Iraq’s oil industry is key to understanding the nation’s economy and benefiting from its growth.