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Guru Touts: CBI Stable IQD


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Luigi found this article of Dinarian interests...

Guru suggests the RV is imminent due to stability of IQD.

Nothing new here.  The IQD has been very stable for over six months.

What's really needed is stability in GOI, then the RV-RI can happen.

Treat as a rumor.  Not verified.  Your opine.




Article: “Central Bank Governor: The value of the dinar is stable, and we are in the process of raising Iraq from the high-risk counties”  Behold the birth of the international stable Iraqi dinarwhat does it say that I love so much The governor of the Central Bank of Iraq tells the citizens of Iraq “Work is currently underway with a number of sober International banks to create the necessary ground for banking cooperation with Iraqi banks” …this is amazing!

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here's another article related to the above...

Twice, Al Kazemi has been to China, the EU & multiple times to the US begging for investors to come into Iraq.  The investor are not coming.

Could instability in GOI be the reason why?



Bondlady’s Corner:

ARTICLE:  What Are The Pros And Cons Of Increasing Loan Grants In The Absence Of A Budget? Economical Answer.

Mazhar Muhammad Salih, the economic advisor to the Prime Minister, explained today, Tuesday, the pros & cons of increasing loan grants in light of the current surplus & the lack of a budget.  Saleh said in a statement to Earth News, “Finance as an economic phenomenon represents a decision that precedes the production of development itself, according to the contexts of the income cycle in the national economy, & the importance of the impact of individual loans in financing economic activity depends on the destination of the debt or the loan itself.”

He added, “In advanced industrial economies, spending debt or loan on consumer activity is an income-generating force through the spending multiplier or effective demand, through the generation of demand & derivative demand chains that lead to the activation of production within the economic community itself & the movement of idle productive energies.   

Which contributes to In raising the rates of economic growth & raising the levels of employment, as well as the increasing demand for investments as well, they are called (investment accelerators).

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