EXCERPTS FROM MARKZ
MZ: More than one person told me that for a short time on the forex they saw the dinar at around one US dollar . I think this may be a little more testing….they have not opened it up for exchange yet….. Don’t panic…I don’t think this is the rate …but if it is I will take it and be happy. (Mark shows a picture of Forex rates) So this puts one IQD just under one US dollar .
MZ: I do find it interesting that a number of regular, traditional , normal bank employees have to work on this weekend…Some have nothing to do with redemption. But there are also some redemption center/wealth management folks working this weekend for the second weekend in a row. They will not tell me what they are doing during these weekends. They are not allowed to. So I take that as a positive sign.
MZ: Some bond contacts believe they may be getting paid on Monday. Most of what I heard is to watch the 10th through the 12th. Monday is the 10th…so perhaps?
