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Iraqi Dinar Profile: Revalue or Bust

For nearly a decade, economists and financial experts have been talking about the re-valuing of the Iraqi Dinar. They have been investing in the foreign currency that is extremely weak to the Euro as well as the US Dollar, and their long awaited returns may be just around the corner. It looks like their savior may be none other than US President Donald Trump.

The Iraqi Dinar is popular for a couple of reasons. The first is that it has a low entry cost for a possible high return. As of writing this the Dinar is valued at less than a thousandth of the US Dollar, but that might not be for long. In a 2017 press conference, Donald Trump mentioned that all currencies will soon “be on a level playing field.” Dinar supporters believe he will take action to revalue and invest in the country’s central currency.
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