In Pimpy

As I watch the markets and read more and more about what’s going on in Iraq it’s really starting to look inevitable that Iraq has to do something with the exchange rate.  This gap between the parallel market and the fixed market is starting to get really out of control.  We know Al-Sudani made an announcement that he was going to take some steps to close this gap.  [Post 1 of 2….stay tuned]