Article quote: “…Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains three exchange restrictions and one multiple currency practice (MCP) subject to Fund approval under Article VIII, Sections 2(a) and 3”
HUUUUUUUUUUGGGGGGGGGGGGGGGGEE!!!!
IMO…what we are viewing is the actual process of the CBI (Iraq) moving into article 8 and with it entering the world markets.
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