Sunday, March 3, 2024

"RV UPDATE" BY MARKZ, 3 MARCH

  MarkZ 

  [via PDK] 

  Question:  what is your guy saying about rates? Others are saying $1.30 in country...  

MarkZ:  TO me $1.30 doesn’t make a whole lot of sense. Would it work for them - yes. They have been very blunt with their people and even Sadr said they were going to restore the dinar to its former glory. And $1.30 is about a third of what it used to be...I would be ok with $1.30…but I expect higher.

...a number of group contacts are expecting liquidity the first of the week…Monday or Tuesday. The chatter is strong amidst a number of group contacts. We all hope this is actually it this time.

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