Petra
They were expecting Iraq to be IMF Article VIII compliant or at least having agreed to the obligations that requires. One of those requirements is having all restrictions lifted, which comes to Article XIV.
They've been using a lot of pieces of Article VIII to get to where they are now. But they've never accepted the article, which is very simple. It's basically a document that Alaq and Sudani agree to. They sign it and send it to the IMF accepting all portions of Articles VIII.
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Petra
Early Monday morning was the article demonstrating the fact that Sudani was considering changing the rate of the dinar from 1310 to 1.32 which for us in the United States is $0.79...
Then the very next day we get an article talking about the new small category notes. They're talking rate, they're talking notes. And then you got Tannini the Commerce Director there talking about a surprise could happen within hours in regards to their monetary reform...
https://dinarevaluation.blogspot.com/2024/03/rv-update-by-petra-15-march.html
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