"RV UPDATE" BY SANDY INGRAM & CLARE, 7 NOV

 Sandy Ingram

  Iraqi dinar IQD - we do not know when the IQD will revalue or increase in value against the US dollar however out of each of the [low value] currencies [Vietnam dong, Indonesia IDR, Filipino PHP, Egyptian EGP, Turkish TRY, Zimbabwe] Iraq has the most natural resources and the greatest positioning for global financial growth.

Just because the value increases against the US dollar does not mean the currency will be on the Forex market and just because the Iraqi currency increases in value also does not mean we as investors will have access to the currency.

Clare

  Article: "An economic expert told Nina: Preventing the withdrawal of dollars in Erbil via ATM, i.e., an automated teller machine, is a health measure ”

  Quote:  "He stressed that this measure will contribute to the elimination of parallel markets and parallel exchange rates, the end of the state of dollarization, and the trend towards an automatic increase in the value of the Iraqi dinar."