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Chapter 127 Middle East and North Africa Central Bank

The Tiger tank is not a cold armored machine. It even has a circle of genuine leather inside the tank. Even if it collides, it will be safe and sound.

Just look at the armored soldiers' wear. Soviet armored soldiers must wear tank caps, because the inside of the tank is full of steel, and if you are not careful, you will hit your head. The inside of the German tank is wrapped in luxurious leather. German tank hands only need to wear ordinary military caps, and then hold a headset on it, which looks extremely handsome.

Wearing a marshal's uniform, Rommel walked into the Prime Minister's Mansion.

"Marson Rommel, welcome your arrival." Rashid's face was filled with a smile. The tall and handsome Germanic man in front of him could determine the future of the entire Iraq in just one word!

Rashid also knew how important Rommel's visit was this time, so he couldn't sleep all night, and now his eyes were a little black.

"Prime Minister Rashid, you did a good job." He sat down on the main seat and Rommel said to Rashid: "You have launched a jihad against George VI's rule, which made Berlin very satisfied. Head of Cialis also praised you in Berlin. He was relieved to have you in Iraq."

"Thanks to the trust of Head Sirick, I will definitely not let down the trust of Head Sirick. We are forming the Workers' Party and we all admire Head Sirick very much." Rashid said.

There is no doubt that Iraq will completely turn to Germany from now on. Now, it depends on how much reward it can get with Iraq's choice.

"Due to the short-sightedness of the former Prime Minister Nuri, Iraq suffered heavy losses, especially in Iraq's treasury, a large amount of pounds turned into waste paper," Rommel said: "The Head of State of Cialis appreciates the Iraqi people living in dire straits, so he made a special decision that the existing pounds in Iraq can be exchanged with the euro, but the exchange ratio can only be carried out according to the previous exchange of 5 to 1."

Just now, there was a greeting, and then, the most important aspect was finally involved, the first thing was economy!

The currency of Iraqi countries will undergo a comprehensive replacement. After the replacement, Iraq will also be included in the entire euro zone!

Iraq was originally a British colony, so the foreign exchange reserves of Iraqi countries are mainly British pounds, which belong to a country in the pound area that accounts for the world's main body.

At the same time, Iraq also issued the currency dinar itself, with only two types of 1,000 Feles and 20 Dhh.

When Iraq broke out in battle against British colonization, and when Iraq finally became independent, the British government claimed that the dinar had the same level of value as the British pound.

After all, although Britain ended its colonial rule, it still had troops stationed in Iraq, and Iraq's oil was still controlled by Britain. Britain would not watch Iraq's economy break out of its own control.

Dinar is directly related to the pound, which is one aspect of it.

In later generations, it was not until Iraq's complete independence in 1959 that the Iraqi government separated the Iraqi dinar from the pound, but international people were still accustomed to comparing the value of the Iraqi dinar with the pound, which continued until the depreciation of the pound in 1967.

Now, the first requirement mentioned by Rommel is to completely end the pound and change it to the euro!

"This is the most beneficial to Iraq's economic growth. Iraq's main income comes from oil exports. The exported oil is also settled in euros. Iraq can directly use the euro to buy various items from Europe, such as food, industrial machinery, and weapons and equipment."

Speaking of this, Rommel paused for a moment and continued: "The combat effectiveness of the Iraqi army is too poor. Tens of thousands of people attacked an air base, but they cannot be defeated. After Iraq completes its reforms, we can export to Iraq's advanced tanks and aircraft, so that Iraq can maintain the most powerful military force in the Middle East."

Originally, when Rashid heard that he wanted Iraq to completely abandon its original currency and use the euro, he was still resistant to it. After all, any country hopes to independently control the economic lifeline of its own country. If the right to issue the currency is also handed over to others, it would be quite dangerous.

But can he reject the Germans' proposal? Of course not. If he refuses, the Germans will change a new person to become prime minister at any time!

Now, it depends on how much benefit Iraq can get.

Now that Germany promises to sell advanced weapons to Iraq, Rashid's eyes lit up. It would be great if there were German weapons to arm them!

"Iraq is the first country to fully promote the euro. After that, it will quickly go to the entire Middle East and North Africa region and use the euro as the legal tender." Rommel certainly would not give Rashid any chance to refuse. What Germany said, so it can only do what it is!

In the past, Rommel was busy with war. Now, he has finally advanced to Iraq and connected with Iran. Rommel's actions have ended for the time being. He can also make other arrangements, starting from Iraq!

"As a country, we will establish a central bank in North Africa and the Middle East in Baghdad, which is on par with London branches," Rommel continued.

Now, the European Central Bank has been put into normal operations, with its head office in Paris and its branches in London. Now, as the German army advances to the Middle East, central banks in the Middle East and North Africa will be established here.

When Rashid heard this, he felt his eyelids twitching. This is a great opportunity for Iraq!

Iraq not only wants to get rid of the British colonial rule, but also wants to dominate the entire Middle East! And now, the Germans mean to build Iraq into the political, economic and cultural center of the Middle East and North Africa!

All countries will enter the euro zone, and Iraq will be their leader. Thinking about this is enough to make people excited.

Rashid's eyes had already shined. He nodded and said to Rommel: "We Iraq will fully support this plan."

Rashid's statement made Rommel very satisfied. Rommel continued: "The base camp has made a decision to establish a governor in the Middle East and North Africa. It is a great honor. I am the first governor. Baghdad is very good. I decided to set up the Governor's Office in Baghdad."
Chapter completed!
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