The Central Bank of Iraq is going through the process of the monetary reform for the currency and they made it very clear there isn’t anymore hiding – Anymore innuendos – Anymore hoping to see the evidence. They are talking about the new small category notes – A change in their exchange rate – A rate of 1 to 1. Yeah, a lot of things. Today, it turns out the trickling of the information that’s going down to the citizens is continuing.
The central bank of Iraq is talking to the citizens and explaining what they’re doing with the GOI (the government of Iraq)…a new plan is being prepared and will be presented to the government…”we’ve got a new exchange rate and a new currency”, says the CBI, “and we’re going to throw that fast ball to you GOI because you need it for the budget to run the country.”