The CBI website (Arabic site) they updated the Arabic site and took the 50 dinar note off. The English site is not updated yet.
I got some confirmation on the process to move into Article 8. There is a high delegation of officials from the World Bank the UN and the BIS coming (or already are in Iraq) – they will be working behind closed doors.
When Iraq follows their instructions from the IMF...and they are approved...it goes to the BIS... and they give the final approval. They then send a letter to the IMF and Iraq that they are approved. Iraq must be completely compliant to Basel III.
They finished the calculations on their math.
We got confirmation...everything is done...everything is ready. Something big is going to happen. Iraq is very close to showing Article 8 to the world. We don’t have a date/rate, but its coming. They are ready to go. We believe that something good is going to happen. All of these big players will be in Iraq in March.
Thanks to: http://www.dinardaily.net