Pimpy
As I watch the markets and read more and more about what's going on in Iraq it's really starting to look inevitable that Iraq has to do something with the exchange rate. This gap between the parallel market and the fixed market is starting to get really out of control. We know Al-Sudani made an announcement that he was going to take some steps to close this gap.
Now Al-Sudani is coming over here to the White House to speak to Biden....I'm curious to see if the Biden Administration is going to do anything to help Iraq in their situation. He could help flood their country with US dollars and the dollar would lose value and the Iraqi dinar would gain value. Or they could just turn around and increase the exchange rate.
Article: "What should be put in the Sudanese bag on his visit to Washington?" So Al-Sudani heads back over to Washington I see...I don't know what he's going to gain by visiting with Joe Biden.
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"
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