Apparently the price of the share is nothing to do with the price of the dinar. Apparently we're confusing 1260 dinar price per dollar with a price of a dinar in shares. The two are not related. Currency prices and share prices are not related. (1400= fils - or equiv of british pennies).
I think I got that right - might have to go check.
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10-06-2007, 04:26 PM #1
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Last edited by Seaview; 10-06-2007 at 04:54 PM.
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10-06-2007, 04:28 PM #2
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10-06-2007, 04:39 PM #3
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Those are the correct prices per share in dinar. For example you can buy one share of the Commercial Bank of Iraq for 1.40 dinar. Yes, the shares are that cheep now. When you think of 1260 that means that for every $1 USD Iraq will give you 1260 dinar so $1=1260 NID
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10-06-2007, 04:43 PM #4
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10-06-2007, 04:55 PM #5
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10-06-2007, 05:05 PM #6
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10-06-2007, 05:12 PM #7
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