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Kaperoni: "the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float"
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Kaperoni: "the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float"
Kaperoni
…If your expecting some overnight event your mistaken. There are many experts that predict the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float. Keep in mind it will be directly related to how fast foreign capital comes into the country through the cbi's capital account…
9/15/18
…If your expecting some overnight event your mistaken. There are many experts that predict the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float. Keep in mind it will be directly related to how fast foreign capital comes into the country through the cbi's capital account…
9/15/18
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Re: Kaperoni: "the dinar could take 6 months to a year to rise to a level equal with a dollar once they begin to float"
Think about it, Kap. If they were going to float to $1 all they would have to do is de-peg the dinar and people would snatch it up so fast it would hit $1 within hours. I mean, if any currency speculator truly believed that floating to $1 was what they're telling us. It's ridiculous. You don't announce an increase or decrease in a currency's value for that very reason. The fact that they're telling everybody what they intend to do is a sure indication that it's a redenomination rather than a revalue or free float to $1.
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