BTI 2018 Iraq country report

by **Rocky** Fri 15 Jun 2018, 3:10 pm

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Post n°1

BTI 2018 Iraq country report

by Rocky Fri 15 Jun 2018, 3:10 pm

First topic message reminder :

BTI 2018 Iraq country report

8 | Currency and Price Stability
The government’s monetary policy since 2003 has focused on maintaining price stability and exchange rate predictability. The inflation has remained in the low since 2010. According to the CBI, the inflation rate is 1.4% (2015 estimates), while the World Bank estimates 2015 at -1.2%, and the country’s international reserve volume also has decreased due to the sharp decline in oil prices. The independence of the CBI suffered a setback in January 2011 when former Prime Minister al-Maliki won a court ruling that placed independent institutions, including the CBI, under the control of the cabinet. In January 2012, the CBI raised the exchange rate of the Iraqi dinar to $1.19, causing a huge crisis that led the Supreme Judicial Council to issue an arrest warrant for CBI governor Sinan al-Shabibi in October 2012 on charges of corruption. Al-Shabibi received a seven-year prison sentence in absentia 2014, shortly before being acquitted of all charges. The difference between the official and parallel exchange increased from three percent in 2015 to nine percent in May 2016. The CBI introduced a number of policies to keep inflation low. The dinar remained widely stable and was worth $1.71 in early 2017.

This is an excerpt from the 36 page Iraq country repor put out by BertelsmannSiftung regarding Iraq. I thought this might be of interest to anyone who was on the fence about the value of the Iraqi dinar as an investment for the future. I provided a link. I just about Shiite my pants when reading this. I hope you all enjoy the official price valuation provided by this research agency. Your comments are appreciated.

article off a dinar site
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by weslin3 Fri 15 Jun 2018, 11:31 pm

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Post n°11

Re: BTI 2018 Iraq country report

by weslin3 Fri 15 Jun 2018, 11:31 pm

sassy wrote:Duck has always said there were 2 sets of books! Been saying that for years! Several people agreed on that!!!

by Diamond Sat 16 Jun 2018, 3:38 am

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Post n°12

Re: BTI 2018 Iraq country report

by Diamond Sat 16 Jun 2018, 3:38 am

duck has said a lot, but where is he now an why wish he'd come back an answer a few questions lol!

by sassy Sat 16 Jun 2018, 7:12 am

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Post n°13

Re: BTI 2018 Iraq country report

by sassy Sat 16 Jun 2018, 7:12 am

Diamond wrote:duck has said a lot, but where is he now an why wish he'd come back an answer a few questions

Don't know d but he's always said that about the 2 books, even posted articles on that and don't really know why he left and not really too concerned, from what I hear he's alive and well and waiting just like everyone else!