Tlar: Article – “The file to delete the zeros of the Iraqi currency is put into effect, and the World Bank gave the green light to implement it.”
It occurs to me that if they can get it done before March 31st, the end of the first quarter, their accounting system can still be made retroactive back to the first of the year. For accounting purposes, I would think March 31st or any time before would be the best time to do this for the CBI as they themselves have stated a number of times.
There has been no intel other than the bond issue I reported on 2 weeks back. It was reported back then that the bonds were being held up and that Iraq would be back and sign the agreement, providing a new rate before they would actually commence sales of these bonds. Everything seems to be lining up nicely. Here’s to hope.