Pimpy

  In Pimpy

The last sanction is limited access to international financial system.  Iraq has been excluded from the global financial system due to US sanctions which has limited its ability to access international markets and made it difficult for foreign investors to participate in their country’s economy.  With the reveals of this authorization  [The US House of Representatives will hold a session next week to cancel the authorization for the invasion of Iraq] this can all change.  You might see a pretty big jump in the Iraqi dinar.  I don’t want to promise anything and don’t want to blow smoke up people’s butt but it has the potential to have a really big positive impact on the Iraqi dinar.