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Re: Rasica post# 15845

Monday, 04/28/2008 12:04:27 PM

Monday, April 28, 2008 12:04:27 PM

Post# of 29692
Stop it. These are the real numbers. You have claimed many times the numbers are going down. That is pure misinformation and you have never provided a link showing it.
Here is the link from the CBI.
http://www.cbiraq.org/key%20financial.xls
Line 64 is currency outside of banks. It has steadly grown from the bigining. Currenntly 14.7 Trillion
Line 71 is deposites. Steadly grown, now at 12.6 trillion
Line 70 is M2. it is the sum of the two, it is now 27 trillion

Do not take my word for what makes up those numbers.
Read what the Central Bank of Iraq says makes up those numbers. That is if the mod will stop deleting it.

http://www.cbiraq.org/Key%20Financial%20Indicators%20Documentation.pdf
a - Currency outside banks, i.e., the currency component of the money supply as
shown in the Analytical Balance sheet (Item 8) which is derived from the following sources
(currency put into circulation reported by Issuing Dept. less vault cash(item 8.1 of Analytical
Balance Sheet) reported by Research & Statistics Dept.). From December 2003, currency in
circulation is the new currency issued by the CBI less redemption of old and damaged new
currency notes. Prior to October 2003, currency in circulation is all Iraqi Dinar (other than the 25
swiss Dinar notes) issued by the CBI (both Swiss and Saddam Dinar at face value) less
redemption of old and damaged notes and issued currency in vaults of CBI.
b - Bank reserves:
ID current account (item 10.1)
Overnight ID deposits (item 10.3)
ID vault cash (item 8.1)

5. Money Supply (M2)
Monthly: Reported by Research & Statistics Department (as at the end of the month,
in billions of Dinar) from the monthly regulatory reports of all commercial banks.
Currency in Circulation outside of banks (see 4.a above)
Deposits in Commercial Banks, excluding central government deposits, interbank
accounts, and accounts of a current nature.
Weekly: Reported by Research and Statistics Department as at the end of every
Thursday.
Currency in Circulation outside of banks is currency put into circulation as
reported weekly by Issuing Dept. less dinar cash in vaults of banks as reported by banks in the
“Monthly Reserve Calculation Period Report of Deposits and Vault Cash” .
Deposits in Commercial Banks, excluding central government deposits, interbank
accounts, and accounts of a current nature as reported by banks in the “Monthly Reserve
Calculation Period Report of Deposits and Vault Cash”.
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