Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» AMERICA’S COLOR REVOLUTION — Brought To You By The U.S. Intelligence Community & Coming To A City Near You
Iraq CBI I_icon_minitimeMon Jun 17, 2024 5:58 am by kenlej

» Go Russia
Iraq CBI I_icon_minitimeMon Jun 17, 2024 5:49 am by kenlej

» I am too pretty for math, but....
Iraq CBI I_icon_minitimeWed Jun 12, 2024 6:56 pm by Mission1st

» Interesting article
Iraq CBI I_icon_minitimeWed Jun 12, 2024 6:34 pm by Mission1st

» Phony Tony: New Platform, same old song and dance
Iraq CBI I_icon_minitimeWed Jun 12, 2024 6:32 pm by Mission1st

» The Craziness of Scam by "Tony TNT Renfrow" and the Iraqi Dinar Currency Scam
Iraq CBI I_icon_minitimeTue Jun 11, 2024 12:26 pm by Mission1st

» Even conspiratorial currency speculators aren’t buying a Russian ruble revalue - It’s not the next the Iraqi dinar
Iraq CBI I_icon_minitimeMon Jun 10, 2024 1:04 pm by RamblerNash

» The Fundamentals of Finance and Pimpy Live
Iraq CBI I_icon_minitimeFri Jun 07, 2024 5:02 pm by Dorotnas

» Carnival Rides
Iraq CBI I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
Iraq CBI I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
Iraq CBI I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
Iraq CBI I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
Iraq CBI I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Iraq CBI I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
Iraq CBI I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Iraq CBI I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
Iraq CBI I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Iraq CBI I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Iraq CBI I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Iraq CBI I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

Iraq CBI

Go down

Iraq CBI Empty Iraq CBI

Post by Scotchie Tue Jul 04, 2017 7:43 am

""""""The Governor of the Central Bank on the Keywords, Monday, Iraq is out of danger after it was heading from the "gray zone" to "black", pointing out that Iraq now go to the "follow-up" area."""""

By the slimmest of margins Iraq was able to remain "gray".  This is not a good thing, but better than "black".  Iraq is in "follow-up", which means it must remain frugal and spend monies where monies are needed.  No frills for Iraq.

Iraq is being monitored by the IMF (who is still loaning billions), the World Bank and the United Nations.

There is no reason or explanation for Iraq to do anything with its currency for a very long time, unless they decide to delete the zeros for accounting purposes only.  This now also seems unlikely.

For those thinking Iraq can make the decision on its own to revalue, you have no idea the complexities involved, and it just cannot be done.  Period.

Scotchie
VIP Member
VIP Member

Posts : 1534
Join date : 2017-04-15

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum