Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Bank friend said something strange and interesting. Don't be surprised when this does come out it will come out pretty close to the cap or just maybe a fixed rate...It is possible they come out just right away at $3.22 because remember this is the reinstatement of our currency.
FRANK: Boom! Boom!
FIREFLY: They have so much riding on this with investment and any setback in the market could lead to a disaster of our monetary reform. Let's just say it comes out at $3.22 and it starts to move in the float or it could be fixed rate for a special period of time...
FIREFLY:Saleh on the news talking about soon the parallel market will be same as regular...
FRANK: ...The parallel rate doesn't exist anymore and if it doesn't exist anymore it's because they have a new exchange rate. The parallel rate was because you had a program rate.
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