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Post by Ssmith Sat Feb 04, 2023 3:08 pm

Frank26 (KTFA)
[Iraq boots-on-the-ground report]

FIREFLY: Sudani still saying he wants to strengthen our currency.  He came out early this morning and he said this is his objective.  This is on top of what he is saying  yesterday about returning the rate to what it should be.  This is encouraging.

The CBI… they are working with Sudani and the United States on the exchange rate.  That’s why we haven’t seen the budget yet because everything waits for the exchange rate.

FIREFLY: Bank friend said…with the shortness of dinars on the street and the cost of the dollar exchange rate, now would be the ideal to pull this rate change off.  That is his opinion. The timing is just set.  No better time.
Ssmith
Ssmith
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