Americans buy millions of Iraqi dinars to realize their dream and wait for Trump
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.
see 'Donald Trump Supporters Think President Will Make Them Rich If They Buy Iraqi Money'