MarkZ
[via PDK]
Comment: ...I am starting to think this is all bullcrap…please talk me off the cliff. MarkZ: Were you paying attention yesterday morning? Did you see the article yesterday where they are “OPENLY” talking about changing the rate
[Reference MarkZ posts 1 & 2, 3-11-24, below]
…and we know they have formed a committee to educate folks on the repricing because of changing rates. We know its going to happen…it’s the “when” that is still the monkey on our backs….
[Reference MarkZ posts 1 & 2, 3-11-24, below] If Iraqs rate comes out at .76…Wonder what VND rate will be? MarkZ: ...that could mean...dong at .36 - .40 cents…we always thought the VND would be 3/4 of the value of the IQD. And I believe those rates are the worst case scenarios. So nobody panic. I still very much think that we could get up to $4 on the dinar…and closer to $2 on the dong...
