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Will the Iraqi Dinar reinstate

Updated: 9/18/2023
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10y ago

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Yes, but no one knows when, although I would say from my experience as an investor since 2004 in Iraqi dinars, it has to happen before end of this year. In fact, as soon as new parliament government is sitting, I suspect it will be one of the most important decisions brought on by the exit of U.S. forces, and the fact that the poor about to have a revolution against government if they see any delay in spreading the wealth. We already see demonstrations and threats, and anyone who understands the region, only the poor become terrorists, and with the deminished security with U.S. pulling out and handing over power to Iraqi forces, the immediate effort to end the misery of the poor has to be the most important goal for Alawi who at this point is about to take office as new prime minister. Alawi had stated he would restore Iraqi dinar, so the people are holding up their revolution with just enough patience to wait until he is seated, and he knows it, so I expect it to happen before August when country shuts down for religious holiday for month.

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