Jeff

The budget got approved with the currency value at the Central Bank value of 1310 dinar per dollar.  That is not a rate change and no it can’t just magically float up 1 to 1 in the way it sits right now.  Remember the budget is a law…Changing the currency value would be a revision to the budget law.  It would have to be amended somewhere during the term of the budget year or they’d have to wait till the next budget period to change the rate.  That’s the scenario we’re in as of right now…There are some disagreements with the budget.   We need to give those disagreements a few days to play out to see if they’re going to…appeal the budget.