[Iraq boots-on-the-ground report] FIREFLY: Kuwait is now here in Iraq. We know their rate is around $3.30 so why would we be doing deals with Kuwait at a program rate of 1310? Mr Sammy says…there has to be at least bottom numbers or a range of what the rate will be for all these companies and countries here signing deals. FRANK: IMO all these companies coming into Iraq have a memo of understanding but not signed contracts, which is a big indication that we’re still waiting for the new exchange rate…Kuwait…is another indication that the world knows the truth about the monetary reform of the Iraqi dinar…Everyone is preparing for it IMO
Frank26