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Frank26 postulates that -- it's possible that we could maybe see 2 to 1..outside Iraq...it has the potential IMO to be capped around $4.25.
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Frank26 postulates that -- it's possible that we could maybe see 2 to 1..outside Iraq...it has the potential IMO to be capped around $4.25.
Frank26
Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
Because of the things that they're doing with the monetary [reform?], collecting the 3 zeros, you'll see the Iraqi dinar grow in value outside of the country...if it starts out at 1 to 1...within...90 days...it's possible that we could maybe see 2 to 1. What about when it hits the Real Effective Exchange Rate...? ..maybe within an 8 month period...outside Iraq...it has the potential IMO to be capped around $4.25...this is a speculative investment. There's no way in the world that I'm sitting here telling you this is what's going to happen. What I'm simply telling you is my opinion and nothing more...
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