is it a good idea to investing in new Iraqi dinar ?
watchay asked:
New iraqi dinar had shrunked to the bottom. it’s rate just about 0.000807now. before 2003 they booked on 3.20. and rumors said so many american people bought this currency for invest. is that true?
New iraqi dinar had shrunked to the bottom. it’s rate just about 0.000807now. before 2003 they booked on 3.20. and rumors said so many american people bought this currency for invest. is that true?
Somewat….
Anything dealing with Iraq is much too volatile now.
Find a better investment.
What if it drops to 0.000107?
I’ve invested the life of my son, currently fighting in Iraq, I don’t care to invest anything else there.
I dont think so. Who knows what will happen to Iraq. You should invest your money elsewhere, and then reinvest it in Iraqi dinars once the country becomes economically and politically stable. Sure you may miss big gains (if any) from not buying now, but that should be made by gains you make in your other safer investments and from any future more certain growth in the currency.
The iraq dinar has actually been really stable the past 2 years. It increase in value abuot 1 pointa week. Also, iraq has nowhere to go but up. I think it is a good investment. Better than real estate and the stock market!
b
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