Walkingstick

{CBI’s private bank meeting minutes continued}  [8. Currency swaps with many countries in motion.]  It means the international community, the investors of the economic reform, finally have faith, have confidence, like the citizens do, in the CBI and the prime minister of Iraq. These IQD swaps are being done right now electronically.  They are not being done physically…at this point of the monetary reform they are swapping with all the banks around the world the new national currency electronically.  Why?  Because the tender is for the citizens inside Iraq when they exchange. And because you do not want to flood the market back with 3 zero notes. [Post 8 of 8]