[via PDK] The calm before the storm? It has been pretty quiet today as everyone is where they need to be…in place… Redemption center folks are on call tomorrow and most likely be working on Sunday. [If they are going to release the rate back to a previous era…are they going to figure inflation into it?] That is usually what occurs with an RI or Reinstatement. The Question is are they going to do an RI or an RV (revaluation) or perhaps they will first do an RI followed by an RV? …I have heard from a Iraqi banking source that they may RI domestically in Iraq and the contract rates for all of internationally will be based on the higher RV rates. They are also seeing some rates in the $10-$11 dollar range…. I hope that sticks. Im afraid to tell you what the dong rates are on the bank screens recently. But I’m mostly hearing it could be around the $4 range.
