1-8-2014 Intel Guru TD

1-8-2014   Intel Guru TD      2014 however, will be the year that Iraq will enter the International arena in finance, banking, investments, etc. They are making baby steps toward most of those goals.   M [Maliki] still would like to do currency reform before the elections. The quicker he regains some sense of internal security, the quicker he can proceed with financial agenda items. I will caution you however on two key points : A) movement in rates will be modest & gradual, Iraq cannot afford the huge risk of shock & awe. B) No one will be able to give a definite date or rate until it suddenly occurs.   [post 2 of 2]