[Response to Guest Guru Dallasdude below…] Of course it [1310] is better than 1460 but looking at the bigger picture…Dec 2021…they devalued their currency, stoking the flames of anger and resentment from the citizens…which is what a sanctioned rate of 1190 was prior to the 1460. Now a return to a rate of 1310 doesn’t even get them back to prior levels of destitution. I know this is what they are advertising at the moment, but the citizens are not raising any alarms. They know better than we do what’s coming. Sadr has been completely quiet as well. This all bodes well for a rate change, and soon!
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