Iraqi Dinar RUMOR BOARD

[WayneC777]

UPDATE 1-Iraq expects to step up T-bill activity in 2010

expects to step up its treasury bill activity in 2010 to help plug continuing budget deficits and foster a secondary treasury market, the Central Bank and Finance Ministry said in a submission to the IMF.

Iraq also wants to promote the development of foreign exchange markets outside the framework of regular dollar auctions currently conducted by the Central Bank, including an interbank market and dinar forward market, the submission said.

The country's letter of intent to the International Monetary Fund can be accessed here Continued...

http://uk.reuters.com/article/idUKLDE6292F520100310