Saturday, February 15, 2025

TIDBIT FROM MILITIAMAN, 15 FEB

 Militia Man  

Iraq has done all the things that they need to have compliance with all the obligations for Article VIII and Article IV with the IMF.  If you guys look that up and Google those...

you're going to find out they're about currency, they're about trade...

 Article quote:  "...to mitigate the impact of sudden changes in the currency rates it will be necessary to have a trend towards strengthening the Iraq dinar.. .and diversifying...income away from the heavy dependence on the dollar." 

  Their goal is to strengthen the Iraq dinar...This is a very big deal.  You know they stopped flowing the dollar into Iraq... so they will use the dinar...Bye-bye dollar.  Here we go dinar.  Iraq is going to have to use their own currency...

at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

General Manager of Rafidain: The bank is at the beginning of a new, more influential phase in the Iraqi financial scene, 2 APRIL

General Manager of Rafidain: The bank is at the beginning of a new, more influential phase in the Iraqi financial scene  The Director Genera...