Pimpy

  In Pimpy's Investment Chat 

Article: “Parliamentary Finance: There is no adjustment of exchange rate in the budget” …when Kuwait did their rate change they told everybody in the news the day before that they had no intentions on changing the rate at the moment….the very next day boom it was done. That’s why it’s hard to really nail down any rates. Can’t nail down any dates. Nobody knows…they’re actually showing you the steps taken to prove to you that the rate change is not in the budget. Does that mean it’s not going to be in budget? It’s possible. Again I don’t want you guys to get overly excited…or overly down. Stay grounded. There’s still a lot of positive things happening over there in Iraq.

Tags: , , /