The market and investors do not like UNCERTAINTY…
And uncertainty has hurt both the KRG and GOI.
Barzani said last month that the KRG will have it’s government issues solved before the beginning of March.
Abadi appears to be on the same fast track with the GOI.
The question becomes…with the reshuffling of the deck in Iraq government positions…
How plausible is it to see a change in value of the currency until the new people are seated and the dust settles?
BGG Blog
