Ross

Article Quote:   “Kurdistan Region PM Masrour Barzani on Thursday received Bakr al-Samarrai, special advisor for Iraqi PM Ali al-Zaidi, where the pair placed emphasis on developing coordination between their governments and resolving outstanding disputes…”  HCL is the “elephant in the room”.  If we are about to witness unstoppable lightning-speed  progress toward the revaluation of IQD then I would expect this meeting with the KRG PM to be fruitful.  HCL requires a new rate, a new rate does not require HCL. Keep that in mind as you watch the progress of HCL versus the progress of Iraq’s banking sector and budget. Ross