Stephen

It’s not as plainly as saying they’re going to take the three zeros off the dinar notes and that’s it.  That would be a net neutral event.  That wouldn’t help anyone whatsoever.  The Iraqis wouldn’t have increased purchasing power, as foreign investors, we wouldn’t benefit at all.  If they wanted to redenominate and chop the three zeros off they could have done this a long time ago…They’re referring to a change in overall monetary and economic policy.  That includes changing out the currency…introducing new banknotes…exchange rate changes as well… : Stephen