Originally Posted by
eosirl2
When I read that, I thought it was referring to the percentage rate that the foreign oil companies would be allowed to operate in as per the law, rather than an exchange rate.
The exhange rate would more than likely be variable anyway and doubt that we would see it set in the oil, otherwise if it was the exchange rate, the law would have to be re-edit and re-passed each time the exchange rate changed.
Therefore, it sounds more like a percentage profit rate for the oil companies to me.