MilitiaMan

MilitiaMan – Dinar Guru   Article    “The Central Bank of Iraq confirms the continuation of his reformist approach to achieve financial and monetary stability”   Here we go! The hand off is about to occur!  The central bank is reassuring that they have and have had full control of their monetary policy for 4 years running, just as Walkingstick has told us they have. They have had the calculations all well calculated with tools in place to maintain stability of their exchange rate well into the future.  They have here and in other articles talked about and showed that they have increased reserves exceeding 60 billion dollars, not to mention they increased their gold holdings by about 6.5 additional tonnes and have stated they increased revenues matching their oil output other sources necessary to compliment oil and shocks that may arise out of negative market conditions!   [post 1 of 2….stay tuned]

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