Popular Post mr.unlikely Posted June 15, 2018 Popular Post Report Share Posted June 15, 2018 https://www.bti-project.org/en/home/ 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. 2 14 16 Quote Link to comment Share on other sites More sharing options...
Floridian Posted June 15, 2018 Report Share Posted June 15, 2018 "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." OMG! I had no idea Shabibi raised the rate to $1.19 in 2012. How is it possible that no one knew this? How did they hide it? Thanks, Mr. Unlikely. 2 2 5 Quote Link to comment Share on other sites More sharing options...
navira Posted June 15, 2018 Report Share Posted June 15, 2018 Hahaha. Well, that is their study done at 1.71 dollars per dinar, but never implemented it...so now we wait 2 1 5 Quote Link to comment Share on other sites More sharing options...
mr.unlikely Posted June 15, 2018 Author Report Share Posted June 15, 2018 After reading through the report I am constantly amazed at Iraqs ability towards corruption. We all see major corruption daily over there, but now I realize that we are seeing only the tip of the iceberg. 3 6 Quote Link to comment Share on other sites More sharing options...
Floridian Posted June 15, 2018 Report Share Posted June 15, 2018 13 minutes ago, navira said: Hahaha. Well, that is their study done at 1.71 dollars per dinar, but never implemented it...so now we wait Oh man! Are they really gonna let us have all this money? It's unbelievable! "The dinar remained widely stable and was worth $1.71 in early 2017." 7 Quote Link to comment Share on other sites More sharing options...
navira Posted June 15, 2018 Report Share Posted June 15, 2018 Floridian, the oil n the goods they trade are goin to determine how much we r gonna get...and from what it looks now, we might be getting a lot more than that bud 3 6 Quote Link to comment Share on other sites More sharing options...
Floridian Posted June 15, 2018 Report Share Posted June 15, 2018 (edited) 16 minutes ago, mr.unlikely said: After reading through the report I am constantly amazed at Iraqs ability towards corruption. We all see major corruption daily over there, but now I realize that we are seeing only the tip of the iceberg. How is it possible that thousands of people on dinar boards, studying all aspects of Iraq for many years, did not know about the monetary information stated in the report? I can't wrap my head around it. $1.19. $1.71 ????? Edited June 15, 2018 by Floridian 6 Quote Link to comment Share on other sites More sharing options...
Bigchclte Posted June 15, 2018 Report Share Posted June 15, 2018 Hmmmmmmmmmmm.....🤔🤔🤔🤔 Quote Link to comment Share on other sites More sharing options...
ScaryMary Posted June 15, 2018 Report Share Posted June 15, 2018 5 minutes ago, Floridian said: How is it possible that thousands of people on dinar boards, studying all aspects of Iraq for many years, did not know about the monetary information stated in the report? I can't wrap my head around it. $1.19. $1.71 ????? It was just like the CBI being removed from sanctions. No one knew anything about that either it seems. 4 Quote Link to comment Share on other sites More sharing options...
navira Posted June 15, 2018 Report Share Posted June 15, 2018 So where the gurus right bout the in country rv then? Haha 3 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted June 15, 2018 Report Share Posted June 15, 2018 Anything is possible now....go go dinar 1 1 Quote Link to comment Share on other sites More sharing options...
Floridian Posted June 15, 2018 Report Share Posted June 15, 2018 2 minutes ago, ScaryMary said: It was just like the CBI being removed from sanctions. No one knew anything about that either it seems. Yes! That's right! 1 1 Quote Link to comment Share on other sites More sharing options...
navira Posted June 15, 2018 Report Share Posted June 15, 2018 6ly410, this shite s gonna sneak us from behind 1 2 1 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted June 15, 2018 Report Share Posted June 15, 2018 Just now, navira said: 6ly410, this shite s gonna sneak us from behind Agree..woho.. 1 1 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted June 15, 2018 Report Share Posted June 15, 2018 (edited) 1.71 would be fantastic! Edited June 15, 2018 by WheresmyRV? 6 Quote Link to comment Share on other sites More sharing options...
Floridian Posted June 15, 2018 Report Share Posted June 15, 2018 I love to be proven wrong this way. I hope I don't wake up from this dream. Maybe I'll get my waterfront home after all. 😁 2 4 Quote Link to comment Share on other sites More sharing options...
navira Posted June 15, 2018 Report Share Posted June 15, 2018 This is publishedn in right when CBI was out of sanctions? 3 Quote Link to comment Share on other sites More sharing options...
ScaryMary Posted June 15, 2018 Report Share Posted June 15, 2018 This article also helps to support that all of the stuff that is said to be needed to be implemented, passed, enacted and seated isn’t absolutely necessary for the RV/RI to occur. Thanks Mr. Unlikely. 1 2 6 Quote Link to comment Share on other sites More sharing options...
navira Posted June 15, 2018 Report Share Posted June 15, 2018 ScaryMary, absolutely agree 2 1 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted June 15, 2018 Report Share Posted June 15, 2018 Makes me go hum. Maybe there is a second set of books using these exchange rates? 1 5 Quote Link to comment Share on other sites More sharing options...
Jizmo Posted June 15, 2018 Report Share Posted June 15, 2018 So what more are they waiting for? 1 Quote Link to comment Share on other sites More sharing options...
CSM (R) Thack Posted June 15, 2018 Report Share Posted June 15, 2018 This is pretty amazing!!!👍👍👍 3 Quote Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted June 15, 2018 Report Share Posted June 15, 2018 12 minutes ago, Jizmo said: So what more are they waiting for? They prefer to “ wait “ for what, we don’t know. Agreed Jizmo . . . What is holding up the parade? 3 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted June 15, 2018 Report Share Posted June 15, 2018 O KAY ! Here we go , ------- if this report hits Iraq streets , all heck will brake out , the common iraqi citizens will think they are being dupt, in the banking world . ----the government of Iraq will have to give in,and give dinar value to the people as a whole ! 171 for everyone .. international too 4 Quote Link to comment Share on other sites More sharing options...
ScaryMary Posted June 15, 2018 Report Share Posted June 15, 2018 9 minutes ago, jeepguy said: O KAY ! Here we go , ------- if this report hits Iraq streets , all heck will brake out , the common iraqi citizens will think they are being dupt, in the banking world . ----the government of Iraq will have to give in,and give dinar value to the people as a whole ! 171 for everyone .. international too Then let’s make it viral. 2 3 Quote Link to comment Share on other sites More sharing options...
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