Terrence

[Central Bank/International Bank Regulator] Vietnam is trying to export products…It’s in their interest to keep the currency low.  Whereas in Iraq, all the signals are pointing suggesting they’ve got to raise the rate significantly…If you look at countries like Kuwait, Bahrain, Jordan, these countries are not anywhere close to being as rich as Iraq are.  Why are their currencies worth so much more than a dollar?  It doesn’t make sense.