ARTICLE AD BOX
EXCERPTS FROM MARKZ
Member: How long will have to exchange?
MZ: I was told at least 30-90 days.
Member: Another rumor: all documents have a 3/31/25 expiration date, so if it doesn't go, we will have to start all over?? I don’t really believe this one.
Member: Kuwait was 10 days at a higher rate, then a few days at the current rate.
MZ: I don’t look for it to happen the same way as Kuwait. I was told they don’t want the wild swings they saw in Kuwait …maybe a fixed or managed float at less than 2% a year. I don’t think we will see wild swings.
Member: I think Kuwait revalued on March 24th 1991
MZ: I think you are right. And I think it was around the tail end of Ramadan. Maybe a Tuesday or Thursday?
English (US) ·