[Guru] Frank26 is claiming Iraq is now in IMF Article VIII. This is absolutely not true and can be validated by going to http://imf.org, clicking on Iraq, then choosing Iraq’s position in the fund. Clearly ARTICLE XIV...Iraq is making progress with monetary policy towards accepting IMF Article VIII conditions which would help in international transactions. This though has nothing to do with the exchange rate…The dinar…under the current CBI policy of IMF Article XIV banks around the world are refusing to deal with it. [Reference Guru Frank26 post on 9-21-2022 below]
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