Pimpy
Things have been moving along until today. The man who's been quiet for months and months and months decided to come out of his shell and start threatening the United States. Article: "Sadr calls on government and parliament to close U.S. Embassy in Iraq"
I hope Iraq stays out of thefray and stays away from all these conflicts, doesn't get involved andjust goes about their own business.
My concern is they're not goingto be able to do that...We're definitely going into some interesting
times in our lives but Iraq right now, man I hope they just stay outof this altogether. I don't know if it's going to be possible.
Nothing's worse than we feel like we're getting that much closer to increases in the Iraqi dinar only to have this kind of crap happen andwe start all over from square one. Keep your fingers crossed...
The gap between the fixed exchange rate versus the black market is widening...The last time we saw that Iraq was forced to increase the value of the Iraqi dinars. It's very possible between now and the end of the year we could see an increase in the exchange rate.
Nothing significant but at least going in the right direction. Like I said, they're going to go up in increments...At least they can do us a favor and take us back to where we originally started - 1,190 dinars for every dollar. I would love to see a better exchange rate than that but I'll take it. That's twice in one year going in the right direction. This is exactly what we would want.
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