Sandy Ingram

Sandy Ingram – Dinar Guru   Despite Iraq’s substantial oil reserves, there’s little international demand for the dinar.  This lack of demand coupled with Iraq’s ongoing economic challenges and reliance on oil exports priced in US dollars, has contributed to the dinars low exchange rate….[We] expect the Development Road Project, a massive $17 billion project, that will shorten the shipping route between Asia and Europe, will change the need for the IQD.  No less than ten countries will need the IQD to lower the cost of shipping goods from Asia and the Middle East, which will automatically increase the need for the IQD.  Plus, Iraq’s GDP will increase due to lower unemployment rates and higher oil revenue due to massive oil field expansions. 

This entry was posted in Uncategorized. Bookmark the permalink.