MarkZ
[via PDK]
Article: “An expected rise in the dollar: temporary shock awaits the Iraqi market”
this is talking about the end of the auctions...One thing that will solve all their worries is an upward reinstatement or revaluation close or higher than the US dollar.
Article: “Iraq Stock Exchange first with the volume of trading between Arab Markets”
it only launched a year or so ago…but already it’s the largest trading market in the middle east. This one is huge.
They are setting themselves up as a regional leader - a world leader…and what is going to be important?
They need a currency that matches the region. That rate bar is high when you look at Kuwait and Bahrain and ll of the other currencies values over there.
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