11-19-2013 Newshound Guru Stryker Article: "Abdel Basset Turki said Iraqi Central Bank Governor that Iraq is
planning to issue bonds in local currency for the first time for the financial
policy" This
Sunday morning is full of great news from the Iraqi Finance committee! Not
only is the Iraqi Finance Committee saying that they are lifting the zeros,
that will increase the value of the dinar at the beginning of 2014 but for the
first time since the Saddam regime downfall they are planning to issue bonds in
local currency for the first time. This issuing of bonds is for the new financial policy
and not for the purpose of financing. In other words the bonds will contribute to the monetary policy which will help
increase the value of the dinar.
