Kaperoni

Kaperoni – Dinar Guru    It has been 16 months that the CBI has stabilized the currency in the country to within 2% as identified by the IMF requirement…that’s been a problem over the years where the currency went out of compliance and the dinar devalued to the dollar…what they’ve done is a really good job with the help of the U.S. Treasury to get this under control…yes they’ve brought the reserves to 72 Billion now and I think one of the 5 largest reserves in the Middle East but there are some other things kinda under the table here which are all relative.  When Iraq accepts Article VIII they have held stability for 17 months when the requirement was only 90 days.  They have done a really wonderful job creating a situation where they are creating a lot of confidence in their banking system for financial experts around the world as they look at should they bring money into Iraq and trust the banking system

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