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06-01-2005, 07:58 PM #9Senior Member
IRAQ:U.S.MUST STAY
A recent release from the CBI (Central Bank of Iraq) said that within the next month they plan on capping the amount of currency entering or leaving the country to $10,000 U.S. or 100,000 I.Q.D.(Iraq Dinar). That gives the impression that they intend to open up their currency at about .1:1. Whats all that mean? 1,000,000 I.Q.D. would be worth $100,000 U.S. or about $85,000 after taxes. Not to bad for a $900 investment!
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