MarkZ

[via PDK]    Question:  Do you think Iraq will have a reinstatement or a revaluation? MarkZ:  Logistically the easiest to do would be a re-instatement (RI).  Revaluation means we just get a new rate and it floats from there.  The worst case…imo…would be a RI with a float.   But I am hearing it will be a revaluation (RV) with a higher value.