[Iraq boots-on-the-ground report] FIREFLY: Saleh is on TV and he says, ‘We are stable and strong and we have price discipline and we have three reasons for it.‘ FRANK: 1310 is not price discipline because it fluctuates and it’s bouncing all over the place…The new exchange rate is the #1 reason. That’s what he’s talking about…A new exchange rate requires this conversion.
