We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Foreign Exchange??
Options

saltay
Posts: 2 Newbie
Hi there - this is my first time in any type of chat room so apologies up front for any mistakes I make along the way!
A friend recently told me about a scheme available via the web where you can buy Iraqi Dinar whose exchange rate is currently running at an all time low due to the recent war in the country - a somewhat similar scenario to the Kuwaiti Dinar following its invasion by Iraq in the 90's.
The idea being that you buy the currency now and sit on it whilst the country is "rebuilt" with billions of dollars from the West and then reap the benefits as it regains its rightful place on the International Monetary Exchange.
Does anyone have any experience in this field and/or do they know of any potential pitfalls.
Many Thanks
Saltay :beer:
A friend recently told me about a scheme available via the web where you can buy Iraqi Dinar whose exchange rate is currently running at an all time low due to the recent war in the country - a somewhat similar scenario to the Kuwaiti Dinar following its invasion by Iraq in the 90's.
The idea being that you buy the currency now and sit on it whilst the country is "rebuilt" with billions of dollars from the West and then reap the benefits as it regains its rightful place on the International Monetary Exchange.
Does anyone have any experience in this field and/or do they know of any potential pitfalls.
Many Thanks
Saltay :beer:
0
Comments
-
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.8K Banking & Borrowing
- 253K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.6K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards