Quote: “The primary objectives of the Central Bank of Iraq (CBI) is to ensure domestic price stability and foster a stable competitive market based financial system. The CBI shall also promote sustainable growth, employment and prosperity in Iraq”
THAT IS FROM CBI. DIDN’T IT SAY THEY HAD TO APPLY EXCHANGE RATES ETC BEFORE? THEY CHANGED WHAT IT SAID … I REALLY DON’T KNOW THE EXACT DATE IT CHANGED BUT FOR MANY MANY YEARS IT DID NOT SAY THAT.
IT APPEARS TO ME THEY HAVE THEIR ACTUAL INDEPENDENT RULES NOW.
[So now it is assumed the rate will be applied…and now it says keep it stable etc?]
SMILE — IT READS WHAT THE CONSTITUTION STATES FOR THE CITIZENS IN SO MANY WORDS.
[Could they progress all the way into the year of 2016 with all the laws being passed?]
WE DON’T KNOW THE DATE — IMO I DON’T THINK SO.