Guru Militiaman thinks Iraq can just get their currency in line with IMF requirements and then change the exchange rate. Not going to happen. First off they need to get within 2% and hold it for over 90 days…Whether or not other financial institutions choose to do business with Iraq or not is based on Iraq’s position within the IMF…Meeting IMF compliance requirements and then accepting Article VIII would put them on the same financial standing as most financial institutions…
