Tuesday, October 26, 2004

Up the Ante

"In drawers and footlockers, servicemembers in Iraq are banking on the future by hoarding millions of Iraq’s year- old currency, the dinar."

Interesting.  Will there be a payoff, like there was in Kuwait?

"If post-war Kuwait is any example, they might be right: A Kuwaiti dinar was valued at a about a dime after the war. Each now brings in $3.40."

“Troops take a gamble on Iraqi dinars"

Via triticale.

Posted by John Venlet on 10/26 at 06:25 PM
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