In a statement just received the IQD has successfully re-valued it’s
currency 500-fold making dollar-millionaires of persons holding the Iraq
Dinar, throughout the world.
What may come as a surprise to many, has for some been the ride of a
lifetime. The Central Bank of Iraq CBI has issued a number of warnings in
recent times suggesting that such Revaluation commonly known as RV will not
take place. Notable recent announcements included a delay to 2015 at the
earliest.
Suffice to say, the warnings from the CBI have been concluded as delay
tactics, perhaps to limit the number of IQD speculators.
Presumably the prime minister’s recent official trip to the United
States has proved extremely fruitful and perhaps even empowered the RV
across the final few steps.
No doubt the next few days will prove crucial with multitudes of
investors rushing to exchange the IQD for their local currencies.
