Iraq is in Article VIII of the IMF charter. Wrong! All you need to do is go to http://imf.org then Iraq, and click Iraq’s Position in the Fund to see they are in ARTICLE XIV! IMF Article XIV or IMF Article VIII…is only a standing in which the Central Bank of Iraq is graded. Has nothing to do with the currency, the currency is exchangeable worldwide. [Post 1 of 3….stay tuned]
