Iraqi Dinar Discussion Board

[Aerospace]

Dilution will lower value if all else remains static.
As in most cases there are multiple components to an equation.
If a company dilutes their shares 4 times, you might expect the price per share to drop 4 times. But what if they also increase earnings by a factor of 10 during the same time frame. Well.. the price per share would rise... all while they are also diluting.

Yes... the Iraq Central Bank does compile and report the numbers.
http://www.cbiraq.org/key%20financial.xls

Line 70 is the money supply. (M2). It has clearly gone up. Notice it was 21 trillion last December, then the numbers came down all of a sudden. The CBI reported there had been an error in reporting from some of the banks. If theses numbers were fake, why would they admit to errors and make corrections.
Pegged currencies of developing countries are required/expected to maintain very high levels of foreign currency reserves. Iraq currently has over 100% backing and as long as they maintain that, they can continue to slowly lower the exchange rate.
Iraq has been able to increase their exchange rate as they have increased money supply because they have increased Foreign Currency Reserves at a faster rate.
Look at line 34. Gross Foreign Assets of CBI.