[via PDK] Yesterday we saw the article where Iraq says they are going to reinstate an old value…now on Iraq television last night and today…according to Nador who is from Iraq, say they are openly talking about changing to their old value. The question is which old value are they talking about…the move back to $3+ or the slight move back to where it was last year…or will they do the marginal move and let it float in the local market? At least they are having an open conversation now. We have always expected a lower rate in country…
