A lot of you that don’t know about this article…it was on the CBI website in Arabic…all the newspapers and all the media are talking about it…dated the 20th…this letter from the CBI to banks, money exchange companies and private banks…is the huge thing that confirms they are waiting on the calculation to be done.
Everything we believe to be done except that calculation… anything less than a 1 to 1 rate would simply cause confusion with the Iraqi citizens…just as Abadi said on the 10th…we are ready to activate things for the economy.
They can’t activate the banking system in Iraq unless they are internationally recognized...the ki cards and so much that we’ve seen from them all need the international recognition…the calculation that they wait for now.
This is very good as an indication that something is about to happen, either late this month or by mid-January.
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