Jeff
Iraq can only change the rate at one or two points in the year, beginning or the middle of the year.
That was stated by Shabibi. If Iraq was going to revalue at any of those times you would see them increase their steps and actions preparing to revalue.
In this month of September those steps has occurred. They have increased their actions getting critical steps...laws done. They have tremendously ramped up.
Jeff
September is the month where you have seen and heard more from the Central Bank ever throughout this entire year...
They have been more vocal and have completed more steps in the month of September than any other month...Critical things are happening. They're preparing to go international.
Jeff
They need to step away from oil. That's a World Trade requirement. They need additional forms of revenue streams to join the World Trade. They can't have just oil as a revenue stream. That's why they really have to roll out taxation and implement...
Jeff
September has been the most active month and it's been the most informative with news, actions, everything.
September has been their busiest month preparing for this rate change throughout this entire year. That's not coincidental. They're preparing for the rate change. And they're preparing to go international.
Jeff
Pretty much everything happening right now, along with Sudani being in the UN, everything has to do with Iraq going international...
Jeff
We had five of these articles talking about deleting the zeros...and then one today, so six total within 3 days. Very amazing ...
Removing zeros is getting rid of the large 3-zero notes and replacing them with smaller size currency notes but at an increased value. So when the rate changes the large notes have the same purchase power before the rate change as the smaller notes after the rate changes. They would have to increase the value for the currency, strengthen it, to delete the zeros...
This news is looking really good.
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