Why do speculators hold dinar notes on their hands?
However, that was a long time ago. Today, Iraq is bringing back the shattered pieces and solving the puzzle to form another structure to bring back the glory days it once had. After the fall of Saddam Hussein regime, Iraqis had their new set of government leaders and had successfully appointed Prime Minister Nuri al-Maliki. You can read the reviews of Dinar currency via https://www.dinarinc.com/intro-to-the-vietnamese-dong.
The new set of rules and leadership encouraged the country to strive more for stability. This greatly brought positive impact towards the currency. Last October 19, 2011, the exchange rate was 1177 IQD to 1 USD but, it improved and went 1166 IQD to 1 USD in January 1, 2012 – not much but there was a revaluation.
This little growth that the country had achieved for the last 5 years is continually backed up with recent events happening in Iraq. Just last February 23 of this year, the much awaited $100.5 billion annual budget was confirmed. March 29, 2012, is another notable date for the country as it hosted the Arab League Summit.
Slowly, the country is recovering and has been throwing positive impressions to foreign investors. Knowing that Iraq has the 3rd largest oil reserves in the world and Shell has signed a contract to help rebuild the oil industry, Dinar has a greater chance of moving upward in the next 2 years.
Will you not invest?
If you try to inquire about people who have been trading dinar, you would likely see hundreds or even thousands of dealers across the globe. Even Donald Trump invested more than a million bucks on this intriguing currency.