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Kaperoni says we may be in the process of seeing a disorderly exit from the peg to a float.
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Kaperoni says we may be in the process of seeing a disorderly exit from the peg to a float.
Kaperoni
Article quote: "The CBI has decided to take action to stop the decline of the dinar against the dollar in the local foreign exchange market, by doubling the share exchange companies in the Auction of foreign exchange, and open ports to sell the dollar in a number of government banks." Since the CBI is suppose to be independent, and monetary policy is the responsibility of the CBI, I don't see this as a problem. The cap on auctions placed in the budget is IMO a violation of that independence. That being said, the CBI seems to be "again" learning on the job at the expense of the exchange rate. It has also been implied that this is "planned." Who knows? It could be and we may be in the process of seeing a disorderly exit from the peg to a float.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni says we may be in the process of seeing a disorderly exit from the peg to a float.
Cool . Let it happen
RoyBoy- VIP Member
- Posts : 2507
Join date : 2011-06-17
Age : 65
Location : NE Iowa
Re: Kaperoni says we may be in the process of seeing a disorderly exit from the peg to a float.
And he's another one that is FOS-His stories change like the winters in ALASKA, certainly not to be adhered to or trusted- WTF? 'OVER'-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: Kaperoni says we may be in the process of seeing a disorderly exit from the peg to a float.
I REMEBER HIM SAY IRAQ HAD TO BE 2 PERCENT COMPLIENT ! HE IS A FLIP FLOP WHO DOES NOT KNOW ANY MORE THAN ANYONE ELSE!
zcountess- Active Member
- Posts : 69
Join date : 2014-02-24
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