Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Alaq in the United States of America means very little for us in the sense of a rate change. It is more for the banks to try to get their situation straightened out and no more sanctions.
FRANK: I agree to a certain point but I also disagree to another point.
IMO this meeting in New York may not release a new exchange rate but it is definitely part of the monetary reform.
This meeting will accomplish steps that are necessary to release the new exchange rate.
Your banks have to be stable and secure and free from the corruption of parliament and they must be ready for the new exchange rate. That's what they're doing.