""IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 21 MARCH

 Frank26  

 [Iraq boots-on-the-ground report] 

  FIREFLY:  It's going to float once it gets to 1.32. 

  FRANK:   I disagree because it's already at 1.32.  It will float IMO a little higher.  The RI will take it to $3.22 IMO.  But because it's been 20 years I strongly believe IMO they may cap it around $4.25...The other currencies around the Middle East will not complain if the Iraqi dinar is higher than their rate...

FIREFLY:   The funding for all of 2024, last Wednesday was suspended...and it was changed...They must be using the new exchange rate.   They said they changed it and then sent it to the Council of Ministers for the review.  Then it is to be sent to the House for a vote...It should be going for a vote any time.  We think it's going to move to 1.32 making it $0.76 which is not more than the dollar like Sudani promised, until they add the new exchange rate to it.  That's what we're expecting.