"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 31 AUGUST

 Frank26 (KTFA)

[Iraq boots-on-the-ground report]

FIREFLY: There’s more meetings behind closed doors with high ranking bank officials across the board. Everybody you can think of is there with the World Bank and the CBI. This is two days in a row bank official are here.

FRANK: …They are talking about the new exchange rate…Sudani is telling all foreign investors Iraq is a great investment.  He’s telling them to invest inside Iraq…

FIREFLY: The CBI governor has met again with parliament…They talked about the exchange rate…They actually told them about the exchange rate and the rise of the dollar and the struggles it has to overcome this dollar dominance. They presented solutions yet saying the dollar is going to be forbidden and the stability of the dinar is a major concern.

FRANK: Yeah, you know what the solution is and you know the stability will come because of the solution.

FIREFLY: Two urgent decisions have been made to enhance the ability of the dinar against foreign currency.

FRANK: IMO those two are your new exchange rate and lower denomination notes.