In Jeff

Let’s say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms [Reference Guru Jeff’s post on 3-27-2020] state they would reopen on Sunday the 12th.  Let’s say the rate were to change on the 12th.  “The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon.” If the rate were to change on Sunday it doesn’t matter if the ISX reopens for business because the fact that they don’t even start trading until 10am Sunday morning. That would be after the rate change.  My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed.