Walkingstick
[Aki Iraqi bank friend who runs a bank in Michigan]
Question: "Have you heard the three zeros will coexist for ten year?"
Yes, we have heard about it but we did not hear the number 10.
We heard that it would be over a long period of time.
Duel pricing in the market would be controlled easier.
Also, it would give the CBI longer time frame to collect the citizens 3 zero notes.
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Walkingstick
[Iraqi Bank friend Aki in Michigan]
The monetary reform is very solid. Things are looking good... What happened with the CBI governor, he's not going anywhere.
The government can't fire Alaq in the same way Maliki fired the governor of the CBI Dr. Shabibi.
Maliki had no authority, he had no right to fire Dr. Shabibi.
Dr. Shabibi went and worked with the US Treasury to make sure the monetary reform plan was completed...
Walkingstick
[Iraqi Bank friend Aki in Michigan]
Question presented to Aki - Concerning the statement that was made by a representative of the WTO
[about Iraq launching a fully convertible currency in October
AKI: I didn't hear anything about October...
WALKINGSTICK: I would call it scuttlebutt because the interpreter was telling me that he says he's not sure about that...but he knows there are rumors out there about when this is going to happen.
AKI: I did hear about the WTO guy. Maybe he's talking about a new currency that would be convertible prior to October but there is no mention at the banks about October being the date. If anything I have heard it is before that.
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https://dinarevaluation.blogspot.com/2024/08/iraqi-bank-friend-update-sudani-is.html
RV UPDATE BY WALKINGSTICK, 27 JULY
https://dinarevaluation.blogspot.com/2024/07/rv-update-by-walkingstick-27-july.html
"RV UPDATE" BY WALKINGSTICK, 19 JULY
https://dinarevaluation.blogspot.com/2024/07/rv-update-by-walkingstick-19-july.html
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