They [the IMF & CBI at this Saturday’s meeting] talked about the monetary reform in its entirety – from the beginning to the end. They talked about he new small category notes. Not only the date in which they will release them but the number of the note count…the value of the notes…the Iraqi dinar currency at an international level so it can be convertible. Wow! So they talked about the Iraqi currency (the new one that’s going to be coming out), how it’s going to be international and how it can be convertible. That’s great…All these benchmarks IOO have all been agreed upon. Everything from the citizens to the Kurds to the budget to the international investors they all want the new exchange rate to be introduced. They all want this.
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