Sandy Ingram
Don't think you can come here [Online broker/bank etc] and at the last minute purchase Iraqi dinar as the currency is increasing in value because the first thing they are going to do is increase the cost of the currency as it changes. This old investing - meaning we are not using the Forex Market. We are purchasing currency, holding it until it increases in value against the US dollar and then we are seeing the currency for profit...
This money move by Iraq is to put an end to Iran wrapping itself around Iraq's finances...to control corruption and the illegal flow of money so they can get International investments. This money move by Iraq is to show favoritism to their own currency and their own government. Anytime the young girls decide to date or marry a man who has lots of US dollars rather than Iraqi dinars, then it is time to readjust the thought process. Make no doubt about it, this money move will help strengthen the Iraqi dinar and hopefully the value of the IQD against the USD. [
On the topic of Iraq's dedollarization plan starting in January 2024... Article: "BRICS: What Iraq's Cash Ban Means for the Global Status of USD" The BRICS people...are trying to say Iraq is abandoning the US dollar in favor of the BRICS' agenda. WRONG...Iraq has over $100 billion US dollars in a New York Federal Reserve Bank and they understand the consequences of crossing over their own wealth.
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