Post From Intel4u By Bailey2
[Tlar] Many changes all geared to taking the dinar international in the next 3 months or sooner, are appearing in articles daily. The CBI will start selling bonds in dinar in December
If successful then they will have more tariffs coming on line as they are continuing to be implemented, bonds as a new monetary control, and a new exchange rate that also can be used once they go international.
We are watching and witnessing every day a gradual change from being a closed monetary system in Iraq, to a liberalized exchange rate and an open monetary system.
[Tlar] These tools are necessary to move away from the auctions which is the only tool they have had since 2003 but is requested by the IMF to be abandoned as soon as possible. These are the new tools they will be using in the near future to control both the rate of the dinar and inflation.
There is an end to this and finally it is close. I promise you won’t be disappointed. You will have been a part of the birth of the new Iraq and the resurgence of our own economy.