Pimpy
Things are still looking really good for Iraq. They still manage to be keeping their nose out of what's going on over there in the Middle East even though it starting to escalate...
I still think the Iraqi dinar is going to go up in increments. I'm anticipating them to do at least one increase before the end of the year. It looks like they don't have any choice and I'm curious to see what they're going to do... There's so many things happening...We got elections coming up here soon. Al-Sudani has been taking many good steps to warrant an opportunity to be the Prime Minister once again but if he doesn't control that currency it'll destabilize the economy as well as the currency itself and this is not going to go over very well with the people of Iraq.
If he increases the value of the Iraqi dinar that gives the people of Iraq a little bit more purchasing power at the same time stabilizing the currency and hopefully closing the gap between the fixed exchange rate versus the parallel rate.
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