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How will it go up?
Well clearly if stability persists then the economy can start to grow again. The currency has already firmed approx 300% since 2003 so i guess thats a good sign but i wonder how much it has firmed since 2005 (in the height of the carnage) - id be interested to see that stat.
All the talk from presidential hopefuls has been about troop withdrawal so that does worry me.
As for now, well obviously the troop surge has worked to an extent. It seems that violence is massively down and if it stays that way I can only see the currency strengthen. Its better to buy on the way up and now cant be a bad time - it will accelerate if Iraq ever gets to capitalise properly on the oil.
It could be another Kuwait. Leave me a AIM or a email addy and ill get in touch and we can share data.
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"In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell
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