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Mnt Goat: "currency auctions are killing the CBI reserves:
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Mnt Goat: "currency auctions are killing the CBI reserves:
Mnt Goat
If you are paying attention to all the news...You should, and now be aware Iraq is on a very strong position to the final phases of the “project to delete the zeros”. The news could not get any better. Last week Iraq delivered to us some amazing news. It was all news that we have been waiting for many years to receive. It is here now and we are moving forward at a faster pace. We heard from the IMF, after the release from Chapter VII, that Iraq is now truly a “fully” sovereign nation...and can now freely deal with the international community... ...Iraq can now handle all its oil sales revenues directly.
We know ...currency auctions are killing the CBI reserves and must be halted due to corruption. These auctions limit the ability to trade and pay in Iraqi dinars... We know last month that Iraq made trade agreements with boarding countries (Iran, Jordan, Saudi Arabia, Turkey and Iran) and to pay debts in their own currencies. Meaning Iraq is to pay in Dinars, Iran in Riyal, etc. Oh – but how can Iraq when they are restricted in these currency auctions to convert Iraqi IQD to USD and pay in US dollars? We now know (from a previous article this week) that the financial fiscal year for Iraq ends today Dec 15th. I am not going to give you any promises of an RV. I am only trying to bring out the possibilities with EVIDENCE, PROOF and FACTS that this RV ride may soon be over. ...There is just so much evidence pointing in the direction of the end of the year.
If you are paying attention to all the news...You should, and now be aware Iraq is on a very strong position to the final phases of the “project to delete the zeros”. The news could not get any better. Last week Iraq delivered to us some amazing news. It was all news that we have been waiting for many years to receive. It is here now and we are moving forward at a faster pace. We heard from the IMF, after the release from Chapter VII, that Iraq is now truly a “fully” sovereign nation...and can now freely deal with the international community... ...Iraq can now handle all its oil sales revenues directly.
We know ...currency auctions are killing the CBI reserves and must be halted due to corruption. These auctions limit the ability to trade and pay in Iraqi dinars... We know last month that Iraq made trade agreements with boarding countries (Iran, Jordan, Saudi Arabia, Turkey and Iran) and to pay debts in their own currencies. Meaning Iraq is to pay in Dinars, Iran in Riyal, etc. Oh – but how can Iraq when they are restricted in these currency auctions to convert Iraqi IQD to USD and pay in US dollars? We now know (from a previous article this week) that the financial fiscal year for Iraq ends today Dec 15th. I am not going to give you any promises of an RV. I am only trying to bring out the possibilities with EVIDENCE, PROOF and FACTS that this RV ride may soon be over. ...There is just so much evidence pointing in the direction of the end of the year.
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RamblerNash- GURU HUNTER
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