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Re: Aerospace post# 19829

Wednesday, 03/11/2009 11:08:29 PM

Wednesday, March 11, 2009 11:08:29 PM

Post# of 29692
I mean if they become successful in maintaining the inflation between 5 and 10% the ID automatically gain the strength and respect as a stable currency. The present inflation figure is not able to win as yet the confidence of the people at large. Once Iraqis will be able to maintain that inflation for a reasonable time period, the value of currency will appreciate fast. That will not come only b/c of low inflation but b/c of the accompanying political stability and economic prosperity. IMO
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