The IMF said in their recent Bulletin that an Optimum Reserves/GDP Ratio for a developing economy was 10%. Now for 2007 for Iraq, assuming Reserves = $15 Billion and GDP = $85 Billion.. That means the Reserves/GDP Ratio = $15/$85 or 17.6%.. WoW!! That means Iraq can afford a Huge RV!!! I can see it coming!!
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Thread: Monitary Reserves
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08-05-2007, 10:56 PM #1
Monitary Reserves
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08-05-2007, 11:02 PM #2
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I sure hope they RV ASAP. I really need the money. But I guess we all do. I'll be happy with .01 but, hopefully it'll be much higher RV.
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08-05-2007, 11:09 PM #3
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08-05-2007, 11:20 PM #4
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come on RV!!!!
I will take anything i can get!!
..I still feel we will be suprised at the rate it will start out as!!My thoughts are a high one!!!
Sarah!!
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08-05-2007, 11:24 PM #5
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08-05-2007, 11:33 PM #6
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08-05-2007, 11:41 PM #7
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09-05-2007, 04:06 AM #8
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09-05-2007, 01:41 PM #9
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Hello everyone. I have seen estimates of currency reserves at 16.5 B and one for 18Billion. Either way, that would improve the ratio. Also, what about gold? These figures don't include what has previously been report to be very high. All in all these are very good fundamental numbers. Thank You.
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