Luigi1 Posted February 21, 2017 Report Share Posted February 21, 2017 Luigi asks... All the Gurus say everything is done in order to RV. Do we have to wait another 90 days? Inquiring minds want to know! 20 Feb 2017 Mike... If the market rate drops...is that a good thing? The market rate or street rate, dropping is a good thing. As of today the street rate is 1270-$1. The official rate is 1182-$1. So there is a spread between the two is 88 Dinar, or roughly 7.5%. That is not good enough for the IMF. They want the MPC or spread to be 2% or less and hold it for 90 days before Iraq can move to Article VIII. 6 Quote Link to comment Share on other sites More sharing options...
King Bean Posted February 21, 2017 Report Share Posted February 21, 2017 Mike....street rate DROPS ! Thanks Captain Obvious. Quote Link to comment Share on other sites More sharing options...
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