1-8-2013 Intel Guru Ocrush It seems the finance committee has completed their task!! This is what is going on with the CBI. Back on Dec 31 2012 the CBI started the process to implement their monetary policy. There were certain procedures that needed to be finalized with the private banks. These procedures included for the private banks to participate in the exchange of currencies through their windows. On January 2nd (wednesday) they were to submit their applications (audits) to the central bank of Iraq for approval. ....stay tuned
1-8-2013 [color=blue] Intel Guru Bear5642 Spoke to my Iraq contact late last night. There was a misunderstanding of info. Documents had to be received first then implement the rv. This is done. He told me it would no go any further than January 10th. He did not foresee any further delays.
1-8-2013 Newshound Guru Duckyboy It's been a FEW of months since I put anything out. All GOI politics aside, the banks in Iraq have to be ready for this and I have read nothing showing that they are ready. There has to be a consistency in how a government operates. The GOI is kind of messed up and in order top RV, they have to get approvals from the IMF/BIS. Ask yourself one question without taking into consideration your needs: Would you approve the RV if it were up to you? Finally, all of this just may be a bunch of smoke and if it is, something completely different may appear in the form of an RV.... or not! Yes, I am hopeful that this does happen soon.
1-8-2012 Newshound/Intel Guru Flashing There are some saying that the UN will stay in Iraq and will hold them under ch 7 because of the political instability and my question is why, UNAMI is there. Iraq will be removed from ch 7 to ch 6 and UNAMI will handle those internal affairs as we as the issues related to missing properties and persons. Everything is very positive. Facts are out there. We are very very, very close.
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