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Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
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Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
Kaperoni
Article: "Central: the auction of the currency, "a transitional entity" and the need for him is still ongoing "
The good part about this article is that they refer to the auctions as a "transitional entity" which to me only means that they plan to float the dinar and make it internationally convertible and traded.
Only such a move would give the CBI an alternative source of revenue via commissions.
3-8-2017
~~~~~~~~~~~~~~~~~~
I know many do get it..but some still cannot grasp and think the dinar must RV prior to investors coming to Iraq...when the reality is...it is a tool of the CBI to counter the inflationary pressure creating by the very investment we expect to see...
."to accommodate a possible real exchange rate appreciation while keeping domestic inflation low.”.
Article: "Central: financial sector management electronically end of 2017"
Currency reform should start well before end of year IMO.
03.07.2017
03.07.2017
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The spread in Iraq is dropping. Good news! 1250.
03.02.2017
03.02.2017
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Article: "Consultant Abadi: Cancel the foreign exchange control department of the Central Bank of the need for the new system" Quotes: "...a "need" a new political system based on a market economy..." "...in the democratic systems that rely policy of market economy, it gives freedom of movement of money..."
I believe Saleh is calling for the transition to a market economy.
This would then end the daily auctions as the CBI would move to IMF Article VIII, get off the peg and float the dinar.
Article: "Consultant Abadi: Cancel the foreign exchange control department of the Central Bank of the need for the new system" Quotes: "...a "need" a new political system based on a market economy..." "...in the democratic systems that rely policy of market economy, it gives freedom of movement of money..."
I believe Saleh is calling for the transition to a market economy.
This would then end the daily auctions as the CBI would move to IMF Article VIII, get off the peg and float the dinar.
3-1-2017
Last edited by Ponee on Wed Mar 08, 2017 8:35 am; edited 2 times in total
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
Where is Palmer01 with the 'RAID' roach spray when you need him? Hey Palmer01, where are you, anyway?
Terbo56- VIP Member
- Posts : 13675
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Age : 67
Location : Central Florida-
Re: Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
Terbo56 wrote:Where is Palmer01 with the 'RAID' roach spray when you need him? Hey Palmer01, where are you, anyway?
Ya, I miss that guy!
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
or...investors would come in when things are cheap, prior to an unprecedented 35000% spike in value...didn't Kap tell everyone to buy IQD low so they could sell it high? But investors would wait until after an RV to flood Iraq?
Duh...
Duh...
ReapAndSow73- GURU HUNTER
- Posts : 1898
Join date : 2015-08-13
Re: Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
Kaperoni wrote: they plan to float the dinar and make it internationally convertible and traded.
OMG.... He literally repeats the same thing over and over and over. How do people listen to this day after day?
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni - says they plan to float the dinar and make it internationally convertible and traded.
Just like Kap is an idiot day after day- Personally, he needs to float, maybe in the 'dead' sea-
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
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