Friday, September 27, 2024

RV UPDATE BY FRANK26, 28 SEPT

 Frank26 

  Article:  "The government forms a higher committee to adapt Iraq banks to International financial requirements"   What does that mean?  It means the Iraq dinar is going to float internationally in international markets.

  But it's at a program rate?  

No it's not.  

But it has sanctions on the country? 

 No it doesn't.  Wells Fargo says it's on the OFAC list,

that it's on the 'bad currency' list?
  No it's not...That going international requires a new exchange rate.  Yes it does.

COFFEE WITH MARKZ: Iraq RV & Bond Updates: MarkZ Shares Insights on Political Challenges and Financial Transition

  Introduction: Waiting for the Dinar Revaluation Iraqi Dinar holders have been anxiously awaiting updates on the  RV (revaluation) , bond m...