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JeffP
10-17-2004, 11:14 AM
Maybe someone can help me with this??
go to the central bank site http://www.cbiraq.org/
click on 'statistics', then click 'key financial indicators' NEW
you'll get a PDF with latest stats for currency in circulation included,
The amount that is listed for 'In circulation' ~Is that billions or trillions?I hope it is Billions , `cause if it is trillions,
would seem the market is flooded! :(
mb55tech
10-17-2004, 11:24 AM
Maybe someone can help me with this?
go to the central bank site http://www.cbiraq.org/
click on 'statistics', then click 'key financial indicators' NEW
you'll get a PDF with latest stats for currency in circulation included,
The amount that is listed for 'In circulation' seems awful low?

comments?



i'm having trouble following that chart, i read a while back that out of the 6 trillion dinars that were printed, only 4 trillion were put out into circulation.? :confused:
JeffP
10-18-2004, 05:46 PM
This report in PDF was just released on the IMF page-
it is basically a blueprint for the future of Iraq,GDP growth
and charts & info on Central Bank amount of IQD in circulation
reserves etc

report # 04/325
http://www.imf.org/external/pubs/cat/longres.cfm?sk=17790.0


update on this;

http://www.reuters.com/financeNewsArticle.jhtml?type=bondsNews&storyID=6534124
RogerL
10-18-2004, 06:07 PM
The amount in circulation is in the trillions. I've heard 3 or 4 trillion, probably closer to 4 trillion. With the current GDP, that supports the market price of 1460 dinars/dollar. GDP growing at a 50% rate does help, along with a boosting of foreign reserves (dollars through oil sales), plus the possibility of significant debt forgiveness gives us a strong possibility of a significant boost in the exchange rate.
mb55tech
10-18-2004, 07:09 PM
This report in PDF was just released on the IMF page-
it is basically a blueprint for the future of Iraq,GDP growth
and charts & info on Central Bank amount of IQD in circulation
reserves etc

report # 04/325
http://www.imf.org/external/pubs/cat/longres.cfm?sk=17790.0



that was an awesome report, especially way down where the CBI wrote the IMF. i'm getting some good, good, good....good vibrations!! :D