Is this the beginning of Iraq letting their citizens know their currency will have value soon? I sure hope so...Blanche
This comes from the currency newshound...
Saturday, November 17, 2012 11:12Translation / Baghdadiya News / ..
Reuters reported that thousands of people in the United States still expect a surge in Iraqi dinar and who was described as one of the largest investment opportunities in the world.
He says one of speculators in Las Vegas that “the escalation of the Iraqi currency does not need to question, but Iraq when will restore raise the value of its currency, it will be the Iraqi dinar in the end a great value probably would be the highest in the world so that the dinar if rose a penny will be valuable profit 900 percent.”
The report says, obtained by and translated / Baghdadiya News / “that some speculators expect a rise in the value of the dinar against the U.S. dollar to become the Iraqi dinar equal to between 1 to 3 dollars, which represents gains ranging from 116500% to 349,700%.
As pointed out by one dinar dealers in the United States that he sold $ 577 million worth of Iraqi dinars to its customers in 2011, “he said, adding that his customers in the United States” were from parents, teachers, police officers and construction workers. “