The following is an archived copy of a message sent to the CASI Analysis List run by Cambridge Solidarity with Iraq.

Views expressed in this archived message are those of the author, not of Cambridge Solidarity with Iraq (CASI).

[Main archive index/search] [List information] [CASI Homepage]

[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[casi-analysis] Currency Crisis in Iraq?

[ This message has been sent to you via the CASI-analysis mailing list ]

Dear friends in the UK,

A correspondent in Baghdad is reporting of a possible currency crisis in
Iraq at the very moment when the old Saddam dinar is being officially
retired (today, 1/15).  He resports widespread resentment about the
devaluing dinar among Iraqis.  At the same time, his figures are mixed up:
he says where before he could exchange one US dollar for 2000 dinars, he can
now only exchange one US dollar for 1000 dinars.  But this suggests a sharp
RISE in the value of the dinar!  Can anyone help us figure out what he is
talking about?


Mike Zmolek
Outreach Coordinator
National Network to End the War Against Iraq - The Grassroots Peace Network
301-270-4858 888-end-a-war

This email is a service of

Sent via the CASI-analysis mailing list
To unsubscribe, visit
All postings are archived on CASI's website at

[Campaign Against Sanctions on Iraq Homepage]