Chris in Iraq

Chris in Iraq

Friday, July 28, 2006

The Iraqi dinar is a speculative currency that one can buy and hope for an increase. Right now the exchange is about 1 dollar to 1,400 or so dinars. So there are weekly rumors about it 'hitting.' Here is one rumor.



Also, I'm trying to move to Baghdad (the big city life awaits!)

Here's a reply from a friend up there replying to the dinar question and how life is in Baghdad for him (he recently moved there from Tallil.)

"Chris, I have heard a number of rumors. Not sure which to believe, if any. The valuation and time frame in this e-mail are close to what I've heard (end of July to as late as early October).
I like the IZ, but it is far more dangerous. Last week we had 3 rockets impact just 80 yards outside our camp walls - killing 2 and wounding several others. Shrapnel, concrete and other blast debris showered our camp. The blast concussions knocked down hundreds of ceiling tiles in our office buildings. Two days later, two more rockets hit on the other side of our camp - about 250 yards away. One actually flew right over our camp. No one was injured. The concussions from car bomb explosions from just outside the International Zone are a daily event. Baghdad is clearly one of the hottest spots in Iraq right now.

Charles"

Well, maybe 'podunk' Tallil is the place to be?

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