Thursday, April 14, 2011

American Contractor: 4/13/11 (Iraq Currency Re-Done After Parliament Sign-Off)

American Contractor
13 April 2011
There are a few points and observations that the American Contractor would like to make in reference to the Central Bank of Iraq and what the esteemed Dr. Shabibi is currently doing. First, Dr. Shabibi has not given any interviews on Iraqi TV discussing the topic of the Iraqi Currency in recent weeks nor months. Dr. Shabibi refrains from making any public statements to any media and only allows his Public Relations Rep to handle those topics which are sensitive in nature. When it comes to Iraq, it seems that any kind of trivial comment snowballs into an out of control rumor. Just to clarify and make it clear, the Central Bank of Iraq is not shredding the Iraqi Dinar as some would like to suggest and imply. There is absolutely no truth to this rumor.
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