A currency revaluation would signal increased economic stability and could open Iraq to more international investment. Black Rock…may view such a revaluation as a step toward making Iraq more attractive for long-term investment…Black Rock has shifted more of its strategy towards emerging markets and warned about the risks of United States dollar over dependence…Black Rock’s support [of Iraq]… would lend credibility and possibly encourage other large institutional investors to follow… [Post 2 of 2]
