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American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19

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American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19 Empty American Contractor: "Iraq is working within the parameter of the World Bank and International Monetary Fund" 5/30/19

Post by RamblerNash on Thu May 30, 2019 11:23 pm

American Contractor  



The Iraqi economic conditions are gradually getting better...The country is receiving more foreign investment as its coming in slowly...but the recent conditions like higher oil prices and higher public and private investment...Iraq is getting better.  Iraq is working within the parameter of the World Bank and International Monetary Fund...The spread between the official and parallel exchange rate is getting closer (2%). Iraq has low inflation.  Some say in the single digits.  The Iraqi dinar is pegged to the USD.  The CBI is using that to keep the inflation low.  The CBI money supply has been contracting started last year.  This may be a good thing.  Will have to wait and see what develops with the IQD


5/30/19
RamblerNash
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