[via Frank26] IOO this is a very good step [Replacing the CBI governor] concerning the monetary reform because…nothing stopped! They just… Read Full Article
[via Frank26] It is not a shock. It is not a setback. This process that Sudani did with the CBI is because the governor of the CBI was not being trans… Read Full Article
[via Frank26] Will the Iraqi dinar come out at a program rate in the basket? I don’t know but we do know Kuwait said to the IMF we have an agreeme… Read Full Article
[via Frank26] They are taking about news small category notes to the citizens of Iraq which means a new exchange rate to match them. You can’… Read Full Article
[via Frank26] The retrieving of the 3-zeros has been very successful. When they lifted the value on December 20th 2 years go it brought in a good por… Read Full Article
[via Frank26] Last week the Central Bank met with all of its banks and gave them more instructions. In fact the article we call “the 2nd artic… Read Full Article
[via Frank26] This action of Monetary Reform education especially the one [Reference Guru Clare’s Article 1-9-2023 below] restores conf… Read Full Article
[via Frank26] the word “default” might become important to us later. It basically means to go back to the original. So if you hear th… Read Full Article
[via Frank26] Bands on the float will keep it at 1 to 1 with the American dollar but when they lift these bands the IQD will float faster and it will gain m… Read Full Article
[via Frank26] The announcement is about timing – concerning the new exchange rate. I wonder if the CBI governor will even make it through tha… Read Full Article
[via Frank26] the 3-zeros are going to drop gradually as the IQD floats internationally. You will see the exchange rate go from .000 to .00 to .0 to .… Read Full Article
[via Frank26] Don’t think for one moment that the float is going to go into a ridiculous number like $5, $6, or $7. No. Absolutely not…… Read Full Article
[via Frank26] [Walkingstick’s Iraqi Bank partner/friend update] On Monday we [U.S. CBI satellite bank] have site meeting with the CBI. … Read Full Article
[via Frank26] The goal of the CBI is for the Iraqi dinar to leave it’s borders and when it leaves its borders …not let it get out of hand. I… Read Full Article
[via Frank26] The insane reserves the CBI keeps talking about that is what’s going to allow the IQD to be asset backed. It’s not just oi… Read Full Article
via Frank26] The Iraqi dinar has not gone up in value for many decades because it was not being respected with its exchange rate. It could very well j… Read Full Article
[via Frank26] The CBI is poised/positioning its bank, currency and exchange rate to go into an international float. Yes it can float at a program ra… Read Full Article