Member: Another Intel person says IQD rate being 4.75 and contract rate at 5.19. And possible announcement on Saturday.
Member: Majeed is indicating Iraq Forex this Weekend!
Member: That would be amazing.
MZ: I am hearing they have sped things up massively in the last 10 days.
Member: With Kuwait having the highest currency in the world, it makes no sense for Iraq to revalue at a rate too much higher than Kuwait.
Member: Mark why hasn’t 4b got notifications for the rv? what are your thoughts on when it would happen?
MZ: I have zero bond updates today. This may have been one of the longest stretches I have seen in weeks with nothing on that front. Same with PP’s CMKX ect…..contacts are not sharing information. They have really tightened up the lips. Zipped the lips
MZ: We are hearing in Iraq some kind of agreement was reached with Sudani and crew and they are expecting fireworks on Friday –or completion in the voting……That is what I was told this morning from a contact in Iraq. We will see how this plays out.