Iraqi Dinar Discussion Board

[tryoty]

Cheese n Rice! He did NOT deny a LOP, can't you READ?

"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 [ACKNOWLEDGING THE "ISSUE" CONFIRMS THE LOP IS THE ISSUE], 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 [FURTHER CONFIRMATION]. Asked whether there is a timeframe for making a decision on this issue, he denies that there is [HE DENIED THERE IS ANY SET TIMELINE TO EXECUTE THE LOP], explaining that this depends on the circumstances and the exchange rate policies."