RUMOR RUMOR
Meeting just let out. Things went very well. IMF said it would give them an answer by Friday. Shabibi was very adamant that they be allowed to more forward with a managed float. What worries me is what has got Shabibi all fired up and concerned all of a sudden. He has always been very cautious and steady and now he’s running from country to country asking for help. Anyway, the overall consensus was that they will be allowed to move forward. After all Kuwait was no where close to where Iraq is when they RV’d and they came in at 3.47. So come on already. My buddy overheard his boss reporting to someone in Iraq that the lower rate was from 1.86 to 2.86 but would jump as soon as Iraq proved it had a full functioning GOI. I should have more from my DC contact tonight so I will let you know if anything else comes up. Go Big or Go Home, GO RV!
RUMOR RUMOR
Meeting just let out. Things went very well. IMF said it would give them an answer by Friday. Shabibi was very adamant that they be allowed to more forward with a managed float. What worries me is what has got Shabibi all fired up and concerned all of a sudden. He has always been very cautious and steady and now he’s running from country to country asking for help. Anyway, the overall consensus was that they will be allowed to move forward. After all Kuwait was no where close to where Iraq is when they RV’d and they came in at 3.47. So come on already. My buddy overheard his boss reporting to someone in Iraq that the lower rate was from 1.86 to 2.86 but would jump as soon as Iraq proved it had a full functioning GOI. I should have more from my DC contact tonight so I will let you know if anything else comes up. Go Big or Go Home, GO RV!
RUMOR RUMOR
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