"RV UPDATE" BY BRUCE, KAPERONI & DESERT ADVISOR, 28 OCT

 Bruce  

 New Iraqi Dinar Rate expected to be published in Gazette Fri. or Sat. 27, 28 Oct...International Iraqi Dinar Rate expected to be very high, as is Dong...

Kaperoni 

 Community Comment "It's interesting when u compare Iraq with Jordan's economy. Pretty similar stats, I'd say Iraq is better with lower unemployment, higher average income. and over 4 times higher GDP. However the Jordanian Dinar is 1.41 to 1 USD and the Iraqi Dinar is 1/6 th of a penny to 1 USD." 

 Yes, but Iraq's  money supply is over 90 trillion, Jordan's  is 18 billion.  Big difference!

Desert Advisor

  Kuwait is $3.24 and Jordan is $1.41.  Their currency is worth more than our [U.S.] currency...We look at Iraq...$0.0007. 

 That don't even look attractive...The exchange rate was pretty stable until the Gulf War in 1991.  The dinar was worth over $3...We can see that with Kuwait right next door.  Iraq does have a lot of oil.  We've known this...