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Q. What are the short term capital gains rates and what are the long term capital gains rates that you have to pay on currency?A. We would not be able to assist you with questions regarding capital gains, or any tax matters. We would direct you to ask a professional tax preparer.
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Q. Is the Iraqi Dinar going to increase in value?A. We don’t offer predictions about the future value of any of the currencies that we sell. We do offer a free service that will alert you when the rate of a given currency changes. You can sign up for that free alert here.
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Q. Is there a new Iraqi Dinar with a new security feature?A. The newest banknote is the 50,000 Dinar note which was issued in the fall of 2015 by the Central Bank of Iraq.
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Q. Is the Iranian Rial legally sold in the US?A. As of the date of this email (4/7/16), the guidance that we have is that it is not yet legal for US citizens to buy or trade the Iranian Rial(IRR). You can read a position paper from our President on this subject in our first Money Talks blog article.
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