2-8-2021 Newshound Guru Jeff This news is red hot. Article: “The World Bank: Iraq is experiencing its worst crisis since 2003…We put a large financial portfolio for it – Urgent” …The World Bank just came out this morning releasing an article screaming at us that Iraq is about to change the rate…the World Bank and the IMF are working with Iraq to bring forth the rate change. It’s over and done. All you’re waiting on is the fiscal year [March 2021]…this is red hot news!
2-7-2021 Newshound Guru MilitiaMan …BUNA is to go live on the TENTH.. The CBI has a new digital system they launched. The CBI states they have approved the new exchange rates. Well the first one was done already, the next rate change is to yet come out. But the CBI states they have approved the exchange rates. The BUNA system by charter will not interconnect to a Non – Article 8 Compliant Currency i am being told. So, the next move is imo to be Article 8 compliant. If they hold to the time frame of the TENTH, then this next week is an interesting one imo…
2-7-2021 Newshound Guru MilitiaMan Article quote: “The Central Bank of Iraq had previously signed an agreement with a number of local banks and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund,” Get ready for digital currency…Digital currency will need to be able to communicate on a level playing field. It is said they have this next week to be interconnected with the BUNA system that the AMF has launched for clearing and settlements. They say the TENTH!!!
2-7-2021 Newshound Guru MilitiaMan The can kicking of the 2021 Budget is by design.. imo.. It appears they have had to massage the timing to fit in line with many things and the hurry up and wait from parliament looks to be to me that they were in a hurry, yet, now they have to sit tight for the moment with having completed all but the best for last… imo..
2-7-2021 Intel Guru Footforward …do not be alarmed if they don’t show the rate in the budget.