"RV UPDATE" BY MARKZ, 9 FEB

  MarkZ  

[via PDK]  

Question:  Does...the HCL...have to pass for the RV?   MarkZ:  I was told from day 1 that within hours of seeing the HCL pass…we would see a new rate…..so, I keep looking for it…but we don’t necessarily have to have it.  

Comment: Still hearing they are showing the new lower denoms in Iraq at the banks.  MarkZ:  I had heard they are showing the specimen sheets at all the banks…and I am not the only one hearing that.  

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.