Petra

Petra – Dinar Guru   BIS is the Bank of International Settlement.  They’re the central bank of all central banks.  It is the lead bank in the world.  Their responsibility is to distribute the currency rates around the world to all the central banks…they work very tightly with the IMF and the World Bank.  They are also involved in investing.  I hope you all caught that article from Thursday or Friday highlighting their interest in Iraq.  The big question one has to ask is – Why would the BIS be interested in investing in Iraq that is currency under Article 14 because they have not change their currency rate?

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