Saturday, October 12, 2024

RV UPDATE BY FIREFLY, 12 OCT

 Frank26 

 [Iraq boots-on-the-ground report] 

 FIREFLY: Minister of Finance on TV saying they have activated the automation and digitization process. 

 FRANK:  That's important.  Digitization...is the backbone of the monetary reform.  

That's what's going to move the currency in and out of the country but more so out there when it starts to float for us...That will add the Real Effective Exchange Rate to your currency.

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿฆ๐Ÿ”ฅ IRAQ’S FINANCE MINISTRY & CBI ALIGN: IS THE SYSTEM PREPARING FOR A MAJOR MONETARY REFORM, SUCH AS THE “DELETE THE ZEROS” PROJECT?

 CHANNEL8 Iraqi Finance Minister Faleh al-Sari received the Governor of the Central Bank of Iraq, Nizar Naser, on Sunday to discuss strategi...