Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Mr. Sammy said he has heard that Citibank and JP Morgan who have worked with Iraq for the last two years went to all the meetings...with the IMF, World Bank.
It turns out Citibank have come out with something called CitiDirect program. It's...so banks can exchange foreign currency and deal with 135 different currencies. It is direct and all digital just like everything we're doing in Iraq...Mr. Sammy says these two banks will be leading the way but it will be banks all over the world too.
FRANK: You can't be a central hub at a program rate!
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