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Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

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Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

Post by RamblerNash on Wed Nov 21, 2018 3:35 pm

Americans buy millions of Iraqi dinars to realize their dream and wait for Trump

Twilight News

6 hours ago

A number of Americans have been buying millions of Iraqi dinars in hopes of realizing their dream of becoming wealthy overnight.

The media reported that those who support the policy of US President Donald Trump are counting on the latter to take a decision to raise the value of the Iraqi currency and become wealthy thanks to the exchange rate difference.

The catalyst for buying the Iraqi dinar, which is currently worth $ 0.0084, is less than one cent. Newsweek reports that rumors that Trump was in power fueled the dream of the Americans, who spoke of the US government's intention to adjust the dinar exchange rate Iraqi to become equal to the US currency.

Before the Second Gulf War (invasion of Kuwait) the value of the Iraqi dinar was more than three dollars, but this currency collapsed after the imposition of the siege on the regime of President Saddam Hussein in the nineties of the last century, and after the overthrow of Saddam Hussein returned and rose slightly and stabilized at 1200 dinars per dollar. Since then, a strange trend has appeared in the minds of investors, who have begun to invest money in the dinar in the hope that it will regain strength as it was before the second Gulf War.

In 2006, American media, notably CNN, warned against buying the Iraqi currency. Despite these warnings and the deepening of the Iraqi crisis, a group of websites continued to sell the dinar to US customers.

The idea of ​​winning millions of Iraqi currency was widely spread during the Trump era, with some of its supporters misinterpreting statements made in April 2017 in response to China's manipulation of the yuan. Trump said all currencies would be "on an equal footing" Daily Beast "recently.

As evidence of some Americans' desire to buy the dinar, the results of the search on Google and Twitter show that many still dream of the recovery of the Iraqi currency and hope that the American billionaire Trump, who became the head of the person who will achieve their dream.


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