Frank26

Question:  “Would $3.44 be where the float starts or would that be where it’s capped?”  That would be the capping.  That would be the Real Effective Exchange Rate…you don’t want it to go to far past the other middle eastern countries…Question:  “So the maximum rate will be $3.44 when we should ‘fold’m’?  Don’t put me in that position.  I can’t tell you when to hold’m and when to fold’m…