Iraqi Dinar Discussion Board

[Aerospace]

Amazing that people go through such mental gymnastics to try to come up with a figure that the CBI is tracking and reports to the IMF.
http://www.cbiraq.org/key%20financial.xls
Line 66... As of Jan 07... 21.479 Trillion.
That takes into account everything. Government expenditures, buying and selling at auctions, everything. The number does not include the missing denominations, they have yet to be introduced, so they are not part of this figure. The CBI could have 100 trillion dinar sitting in vaults for future use… it is not figured in the M2 amount.

It’s obvious that people seem to understand that 21.5 Trillion dinar is a huge figure and an obvious obstacle standing in the way of a substantial increase… so they are determined to try to disprove or discredit a number compiled and reported by the Central Bank of Iraq and submitted to and accepted by the IMF. Read the IMF reports. They speak of transparency over and over.