I've been in the Iraqi Dinar and Iraqi Stock Exchange (ISX) game for eight years now. Both investments won't become profitable until Iraq's economy opens up internationally. That means ascension into the IMF and WTO.
I think what this tweet is reporting is significant regarding progress, but not indicative of a major "pop" event being imminent. There are domestic Iraqi laws and bureaucratic steps that must pass before Iraq is ready to open up internationally, and the Iraqi government keeps finding creative ways to kick those cans down the road. I think the major event will happen eventually, just not in the next few months. I hope I'm wrong, but probably not.
I've been in the Iraqi Dinar and Iraqi Stock Exchange (ISX) game for eight years now. Both investments won't become profitable until Iraq's economy opens up internationally. That means ascension into the IMF and WTO.
I think what this tweet is reporting is significant regarding progress, but not indicative of a major "pop" event being imminent. There are domestic Iraqi laws and bureaucratic steps that must pass before Iraq is ready to open up internationally, and the Iraqi government keeps finding creative ways to kick those cans down the road. I think the major event will happen eventually, just not in the next few months. I hope I'm wrong, but probably not.
Me, too. Well said. And... have you also been following the VND?
No VND. The upside of IQD diminished my interest in VND, though it's not a bad bet.
VND will pay off, just not as much as IQD in my opinion.