I'm curious to know if anyone has experience in investing in the Dinar? Is it a good investment? Do you think the Dinar will increase in value after the war in Iraq? If so do you know of a reputable company to invest with?
2006-07-05 15:52:11 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
Iraq looks so unstable right now...not even because of the US (who are atleast trying to do a good job in that crazy place) but there is Civil unrest...I wouldnt take the chance
2006-07-05 15:56:01 · answer #1 · answered by ? 2 · 1⤊ 1⤋
Iraq is too unpredictable. They need a solid government in order to even start creating an economy. Although pregulf war the dinar was about 2dinar for every 1 US. no bank in the world will accept the dinar outside of iraq. although iraq does infact have a lot of oil so theres no telling what will happen.
2006-07-05 15:58:24 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Try Turkish Lira, I hear that's a stable currency.
2006-07-05 15:55:05 · answer #3 · answered by Mike R 5 · 0⤊ 0⤋