When people talk about exotic currencies one name always comes up first, the Iraqi dinar. It captures attention because Iraq is sitting on some of the largest oil reserves in the world and that fuels the belief that one day the dinar could be revalued on the global market. Add in talk of IMF backed reforms and Iraq’s massive development road project and investors see a currency with long-term potential and the chance for dramatic gains…Our investment in the Iraqi dinar and all other exotic currencies is speculative.
