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Float?


NWGUY
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It feels like so many great things are happening in Iraq.  Security is really good, the banking system has been updated, agreements have been made with the Kurds, and so many other things, that it seems like we are at the door!   I am curious though, Iraq does not seem too concerned about the current value of the dinar.  They just leave it basically floating against the dollar, which makes me feel that they are going to just let it float until it gets the value they want it to, and may never revalue it.   The dinar is doing a little better, but not even back up to where it was when I got into this investment, I believe it was at 1190 to the dollar.  Now, it is way less, but slowly, and I mean slowly climbing.  At the rate it is climbing, my grand kids will be cashing in!  Do we think that they will actually just leave the dinar floating, or go to an actual revaluation?  Curious what some of my fellow Dinarian's think?

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