MarkZ
[via PDK] Article: “Central Bank of Iraq is facilitating transfers”
...this has to do with the electronic platforms...the claim that they made...by government officials that Iraq has the most modern system in the entire middle east. This is big...It means that government officials will not be able to embezzle etc…this system will be very transparent for the people. This is a key part before they usually revalue currencies.
A currency dealer was talking about what they can and could no longer buy. The ones that have suddenly disappeared from the market …that are restricted and they cannot buy right now …this is a large scale buyer and they can no longer buy Iraqi dinar, Vietnamese dong, Venezuelan bolivar or Iranian Rial from their normal source. This is an international group that purchases currency. There probably still are some already at dealers but they will have a hard time replenishing supplies right now….if this doesn’t go very quickly.
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