Article: “Financial expert for “Economy News”: Rising oil prices helped lower dollar exchange rates”
Quote: “The witness exchange rates declined significantly, as the dollar exchange rate in local markets reached this day, to 123.750 dinars per $ 100.”
Sounds like the spread is going down. 1237 to $1.”
[Needs to be around 1202 to begin 90 day IMF compliance, I think?]
Once they are in compliance it will be interesting to see if the IMF makes them wait the 90 days. We may see a concession on the time.