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Frank26
[Iraq boots-on-the-ground report]
FIREFLY:Mr Sammy told me the CBI is lifting payment restrictions.
FRANK: YES!!
FIREFLY: No more payment limits. This was in place to help against money laundering against Iran.
It helped to keep everything safe.
The transactions were being protected but now the transactions will be easier to facilitate. This is great news for monetary reform. That means companies and investors can now invest easier with Iraq and our citizens can send and receive money easier outside of Iraq.
This give us green light for international transactions. Mr Sammy says movements like this would be right before a change in our rate...
FRANK: There's no limit now. That means there's no limit for the float.