Pimpy

Question:  “We realize there are certain steps that must take place before the revaluation of the Iraqi dinar but IYO is there a scenario in which it could be done sooner than later?”  Of course it could.  You gotta understand who determines the rate change is going to be between the Central Bank of Iraq…and it will be discussed with the Prime Minister and the president of Iraq as to why they feel a higher exchange rate is necessary.  If they agree, they go ahead and make the change…