Mnt Goat
Article: "INFLATION’S FREEFALL: IRAQ HITS 2.8%, ECONOMIC HOPES SOAR”.
Yes, only 2.8% and this is fantastic and amazing news since this is way in line with acceptable inflation rates for country, according to the IMF...
Article: “GOVERNMENT ADVISOR: ELECTRONIC PAYMENT ENHANCES DINAR STABILITY, SHRINKS PARALLEL MARKET”
...just this week...fantastic news is telling us they are winning the battle finally with breaking the parallel market...they are telling us they nearly broke the parallel market and...
my contact told us [this] had to happen and if they could get the rate of the dollar of this parallel market down or very close to the “official” CBI rate, we would see the triggering of the “official” rate going even lower and for us this means more value to the Iraqi dinar.
Yes, the in-country revaluation close to a buck we have been waiting for. This then would allow the kickoff to the Project to Delete the Zeros...my CBI contact...has told me all is going as planned and finally “real” success can be seen.
