[via PDK] “US IQD rates close higher in Baghdad” They close at a higher rate in Erbil and Baghdad today. This is some of the biggest divergence we have seen…. We are starting to see a spread and a push in the markets which will force the CBI to do something. Will that be to officially repeg the currency? If they don’t they run the risk of letting inflation run…the CBI is prepared and ready. [post 1 of 2….stay tuned]
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