[via PDK] I believe we are just waiting on a REER (Real Effective Exchange rate) right now. The question is what are they waiting for on the timing? I hear from banking contacts, government contacts, A Ministry of Finance contact in Iraq…that they just need the announcement of the REER. Question: So we wait for the REER- and then it will float up? MarkZ: Not necessarily. If the rate is high enough …and we believe it will come in higher and not float…We believe the REER is coming in strong.
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