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Iraq Central Bank: core inflation in Iraq is reduced to 3% ... Rate Topic: -----

#1 User is offline   k98nights Icon

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Posted 30 May 2010 - 04:07 PM

Saturday, May 29, 2010
Iraq Central Bank: core inflation in Iraq is reduced to 3% ...
30 May, 2010

Data showed the central bank said on Saturday that the rate of core inflation in Iraq and the continued slowdown in April, falling to three percent on an annual basis from the three point six percent in March.

The central bank cut its main interest rate a hundred basis points to six percent in April due to fading of inflation and the interest rate is symbolic, largely in the economy emerge from the war and is still largely insulated from the global financial system, dominated by the oil sector is overwhelmingly on the formal economy of Iraq who is trying to recover from years of sectarian violence that followed the US-led invasion in 2003.

VinTV

http://articlesofint...flation-in.html
Yesterday is but a dream, tomorrow but a vision. But today well lived makes every yesterday a dream of happiness, and every tomorrow a vision of hope. Look well, therefore, to this day.

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#2 User is offline   Doc31 Icon

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Posted 30 May 2010 - 04:23 PM

Thanks for the post
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#3 User is offline   Traconesu02 Icon

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Posted 31 May 2010 - 09:36 AM

k98 Thanks for the post. Great News.
:)
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#4 User is offline   krull Icon

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Posted 31 May 2010 - 10:51 AM

Thanks fot the post Thanks for keeping us updated
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#5 User is online   Munsch Icon

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Posted 01 June 2010 - 11:15 AM

So when do you think this will reflect on the CBI website?
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#6 User is online   Munsch Icon

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Posted 01 June 2010 - 05:20 PM

View PostMunsch, on 01 June 2010 - 12:15 PM, said:

So when do you think this will reflect on the CBI website?


Ask and it shall be told ... Their website now reflects the new inflation rate. :)
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#7 User is offline   mythunter Icon

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Posted 01 June 2010 - 05:28 PM

Things are looking up. I just hope it continues.
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