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ReplyDeleteIt can be said that there is not much difference in the Iraqi Dinar investment and the gold bullion coins. When you invest in the coins then you keep them safe till the value gets a bit more than what you bought them for. The price of gold is always rising. The same can be thought of as the Iraqi dinar. The value of the Iraqi currency at current is less, and it is rising gradually. So when the people buy dinar today it means they will spend less time, but when they sell it in the future like the gold they will get large sums of money back.
ReplyDeleteA pip is the smallest unit of measure for any currency. In most currencies, this is the fifth digit, or the fourth after the decimal point; in dollars, each pip is equivalent to one-hundredth of a penny. One important exception is the Japanese Yen, in which each pip is the second unit after the decimal point, meaning each pip equals one cent.
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