EXCERPTS FROM MARKZ
MZ: This is something we are going to start seeing in Iraq as well……”April 18 is the final day to exchange the fifth issue of Kuwait currency: The Central Bank” …this is a reminder that in Iraq dedolllarizidation and deleting the 3 zeros will lead to this down the road. We will have a limited time to turn in our currency before banks make it not accepted anymore. This mechanism exists for nations that change their values.
MZ: Speaking of changing values: “The Argentinian peso : Where is the currency headed after FX regime overhaul?” They are going to the free market after all of their changes. This is another currency that will be changing values soon. Look for positive changes coming to several countries. .
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