MarkZ

  In MarkZ 

[What is the rate for the dinar?] Well, it was around $3.43 or so  when they devalued it. So, worse case situation is they “reinstate that value”. If they reinstate that value…and add in inflation imo…that puts the rate around $4 or so. I am still hearing a possible contract rate for us of around $8.00. [What does “contract rate” mean?]  We are offered a contract rate. I was told…since we are one of the countries that bore the cost of the war and rebuilding of Iraq we would get a contract rate for our dinar.

Tags: /