Jul
14
Iraqi dinars hot prospect for Israeli speculators
By
Speculators around the world, including Israel, have their eyes set on the Iraqi dinar, which they hope will skyrocket back to its prewar value, bringing them a six-digit profit.
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3 Comments
July 14th, 2010 at 8:45 pm
I bought some dinar!
July 14th, 2010 at 8:46 pm
It has been 1170:1 since 18 January 2008, but climbed steadily from its release until then (starting from 1874:1). I wonder when we’ll see it move again. I know many investors are sinking money into Iraqi businesses and their stock market. The country has no debt, tons of oil, inflation is down from 80% to 5% unemployment iwent from 68% to 9%. Interest went from 26% to 6%.
July 14th, 2010 at 9:24 pm
i luv u IQD!