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Partner Links. On the contrary, devaluing the currency for a while will be good for them. Also if it actually devalues I'm going to buy a boat load more of it It's just part of the strategy for their economic strength down the road. The first thing Trump said when he got in office was the value of the US dollar is too strong, i.
His devaluing the dollar actually strengthened its usage. If Iraq devalues its currency now it in no way means it won't increase the value later. Decreasing now would actually set the stage for increased usage and increased value in the future. Strangely, nobody seems to be able to produce one. Are they talking about a devaluation from pre-war rates?
Or are they going to go lower than it is now. Also the debt they owe would be trillions more. No sense at all. Mr Johnny B.
I would say has the most sensible way to make it happen. Isn't it fascinating that people who've "invested" in the dinar think they know more about what makes sense for the Iraqi economy than the highly qualified economic experts.
You guys are dreaming. I Iraqi dinar will never become a strong again as it was in or I am Iraqi and next year government doesnt have money to pay for its employe. All sources going to iran and USA know that. That why when someone send money to iraq they dont give a dollar and they exchange it to dinar cause they dont want dollars goes to Iran.
To sum up, there is no iraqi government, there is iranian government in Iraq. Jonnyblaze: No reply from you on my question?? Perhaps because the "agreement" you mention doesn't exist? I had better get my fortune from my I won't stand for a dirty trick to rob me and all those whom purchased Dinar with hard earned cash! I will personally destroy Iraq's oil reserves value with my energy production invention! With corrupted Islamic parties and dignitaries, no series step will be accepted by the huge number of government idle employees.
The streets will be filled by demonstrators who shout to the week corrupted government. Iraq is full of resource but the stupid and evil politicians made things go the wrong way.
Iraq needs faithful and responsible politicians to tackle the reform and get the dirt of the cheap politicians to the garbage dustpans of history where they belong. This is very interesting. Look forward to each report you send. As with all of those who have invested in the Dinar, yes we look forward to seeing the revalue of this currency come to fruition soon.
They said devalue against the US dollar which means that the Iraqi dinar will actually be worth more. Maybe the people who are complaining should reread this and maybe try to understand what that means. What is the real truth of the dinar, when and will it ever come back to at least 1. Joe , I know a widow that has 10's of millions of pre-war Dinar that is worthless.
Before her late husband died he was a victim of the Iraqi Dinar scam that so many people fell prey to. He mortgaged their home for all it was worth to buy the Dinar leaving her with absolutely nothing. I am trying to find a reliable source of information to see if there is any chance of her recovering even a fraction of his foolish investment.
Can you please give me any recommendation? What is your opinion? Brutal honesty is appreciated. Looking forward, we estimate it to trade at Trading Economics members can view, download and compare data from nearly countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
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