Some experts are of the opinion that the Iraqi Dinar could undergo a further devaluation after the economic sanctions are lifted. In a worst case scenario, the Dinar could even be replaced by a new of currency, while others are hopeful that the currency, even if somewhat devalued, could still be traded back for dollars. So, if you decide to invest in Iraqi Dinars, make sure that you invest in the new Iraqi Dinar, and not the old one which has the picture of Saddam Hussein on it.
However, latest financial news reports talk of a possible Iraqi Dinar revaluation, and that it might happen very soon. So if that happens, then people who have invested in Iraqi Dinars are likely to become multi millionaires. But the grim fact is that the possibility of the opposite happening also cannot be entirely ruled out. For more information please visit :
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