By DinarAdvice on Feb 13, 2014 02:00 pm
2-13-14 Frank26: We are at the end. They only have two choices – Release the rate or risk major exposure. Announcements made in Iraq today. Iraq is set to implement an open market policy on the 16th. That means they will be international. Iraq set to sell bonds and in order to do that there must be a rate. Can’t sell them without…that was the announcement earlier. The liquidity in Iraq is drying up…cbi getting ready for a very big transformation.
On the 16th there may be a floating rate. 1 to 1 and then it may be released into an open market policy. Open market operations…. selling government bonds. The demand for the iqd had increase and the value is about to increase significantly. The central bank governor said on TV they are ready to sell gov bonds today. He said to the citizens that a significant value of the currency is about to change. It has been verified.