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Breitling says It's (dinar value)between .55 and .66 cents. .55/.66
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Breitling says It's (dinar value)between .55 and .66 cents. .55/.66
Breitling
[Question: What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?] ...It's between .55 and .66 cents. .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April. That's exactly what their words are. Meaning, what can they do. How are they going to treat the currency. That's not off the table. That's still there. That means a lot for you and me.
[Question: What do you think the dinar can revalue at if it revalues in the next few months...Is March/April still the target date for revalue?] ...It's between .55 and .66 cents. .55/.66 cents was before the oil markets took a big hit...as far as a time frame from what Iraq is looking at - remember they wanted to devalue their currency, renegotiate on paying back their loans at a cheaper rate and then see where they're at and hit that milestone in April. That's exactly what their words are. Meaning, what can they do. How are they going to treat the currency. That's not off the table. That's still there. That means a lot for you and me.
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