Kaperoni: "The truth is the CBI will float the currency"

by **RamblerNash** Sun Aug 26, 2018 11:59 pm

Kaperoni

The truth is the CBI will float the currency and allow it to appreciate gradually as investment comes into the country. Once they make that decision it could take 6 months to a year to get to a level that we are all excited about. We have documented this for years...

8/26/18

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(From Kaperoni's past)

Kaperoni 2/29/2012 wrote:Sorry folks -

No RV for dinar, its going to be a LOP. Exchange rate new to old of 1:1000.
Currencies to be traded in parallel for one year beginning in September.

https://www.dinardaily.net/t19220-kaperoni

Kaperoni 10/3/12 wrote:I believe last year, and again this Spring (April) the CBI’s plan was an “overnight” RV at 1 to $1 or about. This was confirmed in the SIGIR report, and various articles. We even had a video from economists in Iraq stating this was a “Staging Rate”. Which makes sense in many ways for Iraq to bring their currency to an international level, start the process of de-dollarization, and move the economy and investment forward.

https://www.dinardaily.net/t22993-kaperoni-looks-at-the-rv-free-float-and-cbi-issues-10-3-2012