Indonesia is prepared to join Vietnam, Iraq and Iran as the newly RVd currencies to join not only the WTO, but also the IMF’s SDR basket to provide the needed value.
Oil prices are finding their needed settled price this month to provide the bases for the “New Math” both inside the books of the CBI, Iraq’s and the other ME countries’ budgets, but also for the SDR.
Trade deals and international business ventures with Iraq, Iran, Vietnam…are happening every day.
Even Canada wants in on their share of a “loan” to Iraq.
