" It is clear that the Iraqi Dinar is moving towards a credit valuation adjustment" BY GOLDILOCKS, 31 MAY

 GOLDILOCKS

Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq.

The Advisory Council members and IBBC members have actively contributed to the paper in the past 4 months. It will be presented online on the 18th June in a webinar and in person at the Spring Conference on 2nd July."

Professor Gunter shows an analysis on the drivers inside the market that impact the Iraqi Dinar exchange rate and how to close the gap between the Parallel Market and Official Rate of the Iraqi Dinar.

The Iraq Britain Business Council (IBBC) has been working closely with Iraq to help assess and meet the needs of the Iraqi private sector. These assessments inside this research paper will go a long way towards the implementation of meeting the needs of Iraq's private citizens through a determination of an exchange rate that can do so. 

Practical policy initiatives are mentioned in this paper to carry forward new monetary policies. They are not calling this project a white paper, but it sure does have all the hallmarks of one. 

These new measures are inclusive of budgetary needs for the Iraqi people. One of the items on the CBI website presented today are instructions on home loans. A mortgage is calculated with the inclusivity of an exchange rate to support it. 

It is clear that the Iraqi Dinar is moving towards a credit valuation adjustment that can support the needs of their people and Government. 

© Goldilocks

https://www.iraq-businessnews.com/2024/05/29/iraqi-dinar-ibbc-issues-major-new-paper-on-de-dollarisation-of-iraq/#google_vignette

https://www.investopedia.com/articles/forex/053115/understand-indirect-effects-exchange-rates.asp

https://iraqbritainbusiness.org/

https://iraqbritainbusiness.org/news/professor-frank-gunter-launches-a-new-white-paper-on-de-dollarisation-of-iraqi-economy

https://www.indeed.com/career-advice/career-development/what-is-a-white-paper#:~:text=What%20is%20the%20purpose%20of,solution%20on%20a%20particular%20issue.

https://cbi.iq/news/view/2596