Sandy Ingram

  In Sandy Ingram

Furthermore…Neighboring countries may retaliate by imposing tariffs or restrictions in response to Iraq’s higher value in currency…A sudden revaluation potentially could destabilize other currencies…Iraq could have a domino effect on the economies and currency values of countries like the U.S., China and Russia because these countries hold significant amounts of dinar in their reserves…The central bank of Iraq is under tremendous pressure to fit in when it comes to the revaluation of its currency.  [Post 2 of 2]