Iraqi Dinar Discussion Board

[Panhead]

This has been a constant theme though not often recited yet publicly spoken by GOI and CBI officials throughout the years most recently by Shabibi in the Cairo banking symposium a couple of months back:

The Future of Iraq Project

http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB198/FOI%20Economy%20and%20Infrastructure.pdf

Written in Dec 2002, declassified June 22 2005

Page 14

"To sustain the likely positive impact of the new currency, it is essential to re-establish the base purchasing and foreign exchange value of the NID as it was in the 1970's" (the value is referenced in the first sentence of the first paragraph on page14 at $ 3.30 USD)

See bottom of page 14 footnote number one:

"The sensitivity of any suggested or anticipated value of the NID should be considered carefully and hence it is advisable that any suggestions in this regard must not be propagated." -