With 2015 Taking Off, Which Currencies Should You Be Investing In?

Although most people focus on US Dollar, Japanese Yen, Swiss Franc, Euro and Pound Sterling when it comes to making investment in currencies, there are various low value currencies that have large potential to rise and thus provide good returns to the investors. You can find loads of information on all the major currencies and their projected forecasts all over the internet. However, let us look at two overlooked, low value currencies that you may consider investing in during 2015. The Iraqi Dinar Iraq is currently undergoing a transitional phase and although the value of the Dinar is relatively low, it is expected to rise in the near future as the country regains it stability. The oil rich soils of the country are expected to play a prominent role in the reestablishment of the economy. The government has passed various laws to promote the oil industry in Iraq, which will enable local distribution of profits and also decrease unemployment in the country. Last year, the oil production of Iraq reached levels it had not achieved in a long time. It is expected that the daily oil production will reach somewhere between 8 to 10 million barrels by 2020. The country’s economy is expected to turn around in a few years down the line. So, if you have some cash to spare for long term investments, consider investing in the Iraqi Dinar. The Vietnamese Dong The economy of Vietnam has been on the rise in recent years and it has been forecasted by various economists that it will continue to grow in the years to come. Some even claim that it will be one of the top growing economies in the world by 2020. Since the turnaround during the 90s, Vietnam has become a free market economy that earns business from all over the world. One of the major reasons for the growth of the economy is the huge inflow of foreign investment. The Vietnamese Dong has been undervalued for a long time now. However, this undervaluation is hurting the economy. The government and prominent businesses have taken up efforts to stabilize the value of the Dong. There are prospects for the currency to rise considerably once it is revalued. If you are looking to purchase Vietnamese Dong, Buy VND offers a wide online collection of the currency. They even have the facility of doorstep delivery to various countries.


    Additional Information:

    Visibility: 595

    Duration: 2m 33s

    Rating: 3