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Kaperoni: "The truth is the CBI will float the currency" DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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

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

Post by RamblerNash on Sun Aug 26, 2018 11:59 pm


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...



(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.


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.


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