Thursday, July 4, 2024

"LATEST FROM WALKINGSTICK",5 JULY

 Walkingstick

 [via Frank26]  

What you need to watch...the internal float of the Iraqi dinar..

 It's not complicated.  It's very straightforward to the point.  The budget has a new exchange rate.

--

Walkingstick 

  Sudani rewrote the contracts and recalculated them in accordance with the rate in the budget...They've been running a budget with the new exchange rate and a budget with the old exchange rate...

 [Iraqi bank friend Aki update]


 AKI:  It's about time. 

 WAlKINGSTICK:  What he's telling us is it's about time to release the budget and the new exchange rate with the lower notes.  That's what he meant.

The ATM machines, they're all poised like centurions that are standing there.  These ATMs are guarding the lower notes.  It's time for all of this to come out now.  It's just the budget we are waiting for.  We're not waiting for any laws, we're not waiting for any new procedures.

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