Investing in the Chinese Yuan

The Chinese yuan, also referred to as the renminbi (“the people’s money”), is the legal tender issued by China’s monetary authority, the People’s Bank of China. The official currency has a floating exchange rate and China’s central bank controls its valuation in relation to other major currencies like the US dollar, euro, pound sterling, Swiss

Iraq’s Economy in 2017

Iraq’s economy has been languishing ever since the 2003 coalition invasion of that country. There’s been some improvement in the economy, but it comes in fits and starts. The economy makes significant progress for a time, and then reverses due to both internal and external factors. This includes the price of oil and the country’s

Will Iraqi Dinar Revalue

WILL THE IRAQI DINAR REVALUE? Despite the recent history of the Iraqi dinar being so weak, the potential for an Iraqi dinar revalue could be a game changer. A revaluation could take the currency out of the global currency basement, and put it back up on the main floor – where it had been for