Friday, January 19, 2024

"RV UPDATE" BY TONY, 19 JAN

 Wed. 17 Jan. TNT Tony:

 “All that’s waiting is Iraq passing a trade law of some kind. Iraq parliament is back in session so still curious on the holdup despite the congrats at DAVOS for Iraq being in the World Trade Organization, which it isn’t. Bankers now want Redemption Centers called Banking Alternative Centers (BAC). 

Everything else is done. Iraq and banks are still active with pos systems. Lower denomination and coins aren’t absolute needed in Iraq, they will be electronic. So they don’t need to make a mad rush to get lower denoms.

 Looking to Thurs. 18 Jan. or this weekend since it’s the end of DAVOS. The 2024 budget dollar exchange and barrel of oil price is unchanged according to the Iraqi Parliament, which has no authority on the exchange rate, only the Central Bank of Iraq (CBI).”

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