The Iraqi dinar is different and this is where we made the mistake…The modern Iraqi dinar that we hold today was created after the 2003 war. Iraq printed an entirely new currency system after Saddam Hussein was removed. Since then the IQD has operated mostly as a controlled domestic currency, only inside of Iraq…The IQD has never been freely traded on the Forex market…The Kuwaiti dinar was already functioning in that international arena system before Iraq attacked them…The world only knows the IQD value to be that of what the CBI has placed on it…The Kuwaiti dinar is one of the major currencies in the world. The IQD is an exotic currency that is not freely traded on the Forex market …The Kuwaiti dinar and the IQD, that’s apples to oranges. Sandy Ingram [Post 2 of 2]
