TITLE

Feasting on the Dinar

AUTHOR(S)
Beller, Peter C.
PUB. DATE
January 2007
SOURCE
Forbes Asia;1/29/2007, Vol. 3 Issue 2, p28
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article highlights the appreciation of the Iraqi dinar against the U.S. dollar. The rise of the Iraqi dinar is driven solely by patriotic Americans who buy dinar as a way to help the troops in Iraq. It explains that the rise of Iraqi dinar could be very temporary because the economic fundamentals in Iraq is still shaky. The country's crude oil production is still below the pre-war levels and unemployment is around 40%.
ACCESSION #
23925614

 

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