I had a long talk with my guys this morning. I asked about all of the projects and exchange rate. They all said the same thing, these projects can’t move forward due to the lack of physical dinars in the banks. They said that the GOI can’t print any more until they revalue. Like myself getting mine at the market rate…they are being asked to open account and deposit their 3 zero notes so the country can use them for the countries investments (projects). The problem they all have is the banks will only give the the “official” CBI rate (1310) and they would lose money…if they revalue the currency the citizens will go to the banks…They say that this will happen but they are getting very frustrated at the progress and there is an election coming up.
Maxis
