If the above article is correct, the CBI has instituted the removal of the 3 zeros in a fast way. It looks to me they are pulling as much Dinar out as possible before the new exchange rate of the dinar takes hold. 1 trillion in a few days, wow that’s a lot. It saves Iraq 3 trillion if RI'd at 3+. The more they can pull out the better off they will be.
It also, looks like they introduced some more US dollars into the market place in Iraq, about 400 million. That will be easy to control once the RV or RI takes place, but from what I read in the article, it would seem to me, Iraq is going to do an RI rather than an RV or a very high RV, once that occurs, pulling the US dollar out will be very easy, because of the exchange rate difference.
In a nut shell, I see what the CBI is doing now, right before the RV?RI. Get the Iraqi people on the US dollar in a bigger way, pull as much dinar out as they can, then RV?RI, after that, pull the US dollar out with the lower denominations at whatever the current value of the US dollar and the lower the better for Iraq!
If we see more articles like this one, the CBI is still working on getting more larger dinars notes off the streets of Iraq, but this could be the storm before the RV?RI calm. No worries, this will not affect us here in the US if you stay the course. I believe our time is near. I would like to thank TIMSTERS for providing me with the article. God Bless. AJ