Jeff

A fair amount of people think the auctions have ended.  This article right here will crush and destroy that theory.  Article: “The central bank sells more than a billion dollars in just 4 days”  This article is very clear.  The only changes that have occurred regarding the auctions is they’re no longer having or holding cash withdrawal inside the country of Iraq.  They’re still auctioning off currency abroad to overseas banks and they may have transitioned to a new financial system.  Regardless, the important step in this is that the banking reforms are now getting implemented.  That’s a critical step to this.