MarkZ

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[via PDK]   Question:  what is your guy saying about rates? Others are saying $1.30 in country…  MarkZ:  TO me $1.30 doesn’t make a whole lot of sense. Would it work for them – yes. They have been very blunt with their people and even Sadr said they were going to restore the dinar to its former glory. And $1.30 is about a third of what it used to be…I would be ok with $1.30…but I expect higher.