Today we had some interesting developments.
A chart went out regarding buy and sell rates, so some felt that this indicated a public RV, with $100 = IQD 125.
That created some discussions and interpretations, but it remains to be seen what that actually means – in-country? All areas? I don’t know.
Everything seems to be hinged on tomorrow’s meeting, whether it is public release time, or WHEN that might be so.
[Hopefully this meeting with the IMF will release the RV; if not, then what?]
WE wait until the next day.
This has always been about a plan…if we look at how this plan is unfolding, the only thing we cannot put our finger on is when it will work for US.