"RV UPDATE" BY PIMPY, 10 NOV

 Pimpy 

  Now that Iraq is doing this with the Central Bank, the import of Foreign Exchange does that help the currency at all?  ...This is a sanction that was lifted.  This is opening the door for Iraq to start doing trade again with the international community...

There is some really good news...out of Iraq... Article:  "The central bank allows Iraqi banks to import foreign currency..."   

Of course everybody's...talking about how great it is but what they're not doing is explaining to you why it's great...

The move...is really going to open the doors for them economically and strengthen the dinar...This article is a biggie...not just good but very good.  Why is this such a big deal Pimpy?  Oh it's a very big deal.  Iraq is now allowed to import foreign exchanges.

  This is really significant.   Quote:   "Their development marks a significant step towards Iraq in terms of economic growth and integration into the global market" 

...I don't know if all the sanctions are being lifted but this is definitely one of the sanctions. By lifting these restrictions Iraq can now import a diverse range of product that's from all over internationally 

...Looks like Iraq is taking off the training wheels and it's about to step back onto the international world.  This is going to be big on their economy and yes over time it will increase the value of the Iraqi dinar...This definitely is a reason for people to smile..