MarkZ
[via PDK]
Community comment "Sudani looks to be coming to the US on the 15th..." I think it more likely to happen toward the tail end of the 22nd to see our new rate. But Iraqi contacts think Sudani is going to announce it in Iraq before he heads to the US on the 15th…. I hope they are right and I am wrong.
Iraq now has full control of its funds and one of the requirements now that it has control of its funds...to pay back the United States. It cannot do that at a rate of 1310. But it can easily do it with a value change. I believe the next 10-11 days are going to be huge.
