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Re: Tim post# 18966

Tuesday, 12/30/2008 3:21:21 PM

Tuesday, December 30, 2008 3:21:21 PM

Post# of 29692
Those were a few months ago... I'm sure you can find the links if I posted them hundreds of times....
Here's one from Shabibi from just a few weeks ago.

Shabibi, CBI Governor dicsusses Lop.
http://www.zibb.com/article/4468689/Iraqi+central+bank+governor+interviewed+on+monetary+situation
Asked whether the removal of three digits from the Iraqi currency is a step aimed at curbing inflation, Al-Shibibi says this issue has nothing to do with inflation, but the concerned parties are taking this issue into great consideration and giving it precedence over other issues, such as the implementation of certain monetary policies and reserve investments. He adds: "We monitor the value of the Iraqi dinar vis-A -vis the US dollar, which is relatively stronger than the dinar," noting that the digits issue is currently under serious review. Asked whether there is a timeframe for making a decision on this issue, he denies that there is, explaining that this depends on the circumstances and the exchange rate policies.
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