Highlights/Thoughts
PLEASE IGNORE IF YOU DO NOT WANT TO READ RUMORS/OPINIONS
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1. The UN Treasury listing shows that they seldom RV or update the rate of exchange for a country during the month
2. The person found that RVs in December usually happen on the 31st
3. Jan through May is usually on the 1st
4. June has 3 days that they can RV, usually on the 30th but on some occasions on the 16th and 17th
5. If Iraq moves the effective date of their budget, it will definitely not RV during the month of March
6. We'd be looking Apr 1st, May 1st, or Jun 30th
7. Eagle commented saying that countries listed on the UN Operational Rates typically go through minor currency adjustments
8. He states Iraq will be going through a complete revaluation
9. In his opinion, the usual dates of the announcement of the UN Operational Rates will not apply to the dinar
10. The reason why it won't apply is because the WILL NOT pre-announce the change in advance as they normally do; hedge funds will buy up the dinar if they know in advance
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