Iraq could still use forex reserves to fill budget gaps
An interesting article on the Gulf Daily News – Sinan Al Shabibi made some comments regarding Iraq’s reserves in the forex during a meeting with Arab central bank governors in Dubai. Of note, he said:
“… There are discussions. The reserves cannot be touched except for foreign exchange stability.”
Other than that, no big news today on the Iraq Dinar Speculating front, at least – none that has been confirmed. As some of you know, Dinar Speculation (DS) has an inside source at the CBI with some interesting information. I would like to make a public apology for withholding the exact details, but we are only 90% confirmed at the moment. Stay tuned.
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