investment in iraqi dinnar

Discussion in 'General Business' started by baba007, Feb 17, 2009.

  1. #1
    some people say this is best time to invest in iraqi currency because iraq has export 70 billoin dollar oil to other countries and in near future its vaule increased in 1 to 2 year same case in afghanistan currency after usa invade in afghanistan its value decreased and today due to world 95 percent opium means drugs export it earn billion of dollar and its value has been increased .
    i am from pakistan previously 1 pak rupee equal to 100000 afghani but today 1pak rupee equal 1 afghani means equal value of pak rupees share ur views
     
    baba007, Feb 17, 2009 IP
  2. RightMan

    RightMan Notable Member

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    #2
    It is not a bad idea to buy distressed assets...but then....those two countries you mentioned have been ruined a lot....and I doubt if we can see the stability there...in foreseeable future...

    Regards,

    RightMan
     
    RightMan, Feb 17, 2009 IP
  3. eshrira

    eshrira Peon

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    #3
    very bad idea, they will soon drop that currency and then your dinars will be worth ZERO
     
    eshrira, Feb 17, 2009 IP
  4. mentos

    mentos Prominent Member

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    #4
    Not worth the try coz the exotic currency fluctuated too much and its not stable.
    Other than that,it need many year to wait the currency to appreciate.
     
    mentos, Feb 18, 2009 IP
  5. PerfectMoney

    PerfectMoney Banned

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    #5
    Kuwait Dinnar or Saudi Arabia Dinnar I think is the best you can get from the differ economy,this currency base on nothing like opium or oil it is clearly base from Gold that is secure heaven from any green bags in the world in any situations in the world whether it is recession or World war 4
     
    PerfectMoney, Feb 23, 2009 IP