EXCERPTS FROM MARKZ
Member: So how is the dinar news today?
MZ: We did see rates pop up briefly again this weekend. Things are getting exciting.
MZ: In Iraq we had $3.47 popping up on the forex sites and some currency sites over the weekend…Showing the IQD at $3.47. I wish I would have been sitting with a bank that was open and currency in hand when it popped.
MZ: We were getting similar numbers from contractors that believe will be the rate for their contracts. It was exciting to see those rates popping up.
Member: I would exchange for that rate in a heartbeat!
MZ: Fines and penalties did not go out yet.
Member: Mark Z Nader drop a video stating that the Iraqi dinar may have revalued for a $1.72 on the forex
MZ: on the bond side it is still quiet this morning. The last update on Saturday is they were still hopeful to be processing this week.