Billio0: I have no idea what governments hold IQD in their treasuries, nor do I know what large investors own it either. I don't proclaim myself to be an expert on anything having to do with Iraq or the dinar, and I don't have any secret contacts providing me with exclusive intel.
What I do have is common sense, and a good track record of making wise and prudent investments over at least the last 35 years.
When I read that the CBI makes reference to IQD held outside of Iraq becoming a reserve currency I surmise that there must be a significant amount of it, otherwise there would be no point to even mention it.
I also assume that those countries who have either forgiven or reduced the debt owed them by the former regime of Iraq also received something of value in exchange, and that being the same IQD that you and I hold in our possession.
There is no distinction between these currencies, and that is why I BELIEVE that as such, we shall eventually benefit in the same way that those others who have more shall benefit.