"RV UPDATE" BY MARKZ, 22 MARCH

 MarkZ  

 [via PDK]  Question:  ...what is your gut saying about the street rate on the VND when all this goes?  MarkZ:   My gut still thinks it will be in the $2-$2.50 range. But nobody knows until we get there.  [On the dinar] I was told to expect between $3.33 to $4.81. Somewhere in that range.

 Still progress in Iraq…From articles …they are fixing the exchange rate or getting the street rate the same as the official rate.   De-dollarization is going well... Iraq joined the European Bank for Reconstruction and development (EBRD).  This is more confirmation that they are dotting their I’s and crossing their t’s.