Wednesday, May 7, 2014

5-7-2014 Intel/Newshound Guru American Contractor

5-7-2014   Intel/Newshound Guru American Contractor    The new Iraq banknotes that have been recently announced by the Central Bank of Iraq have yet to hit the streets of Baghdad.  Currently, there is no evidence of any new Iraq currency banknotes with the enhanced security features in circulation.   [Aren’t they going in the wrong direction by printing larger denominations?]   The Central Bank is going to do whatever it takes to protect the value of the Iraq dinar and keep the stability of the purchasing power. The Iraq government is fighting a conflict in the Anbar province and costing millions per day. The inflation is creeping up and the Central Bank is trying to keep a handle on the inflation which it is at the moment.