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 Frank 26 - Can a national currency exist on program rate? 10/29/18

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Ssmith
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PostSubject: Frank 26 - Can a national currency exist on program rate? 10/29/18   Tue Oct 30, 2018 9:28 am

Frank26



[Can a national currency exist on program rate?] YES, A NATIONAL CURRENCY CAN EXIST ON A PR IN COUNTRY BUT … AN INTERNATIONAL CURRENCY CANNOT EXIST ON A PR OUTSIDE OF THE COUNTRY.
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Sam I Am
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PostSubject: Re: Frank 26 - Can a national currency exist on program rate? 10/29/18   Tue Oct 30, 2018 9:47 am

Idiot!

Program rates apply inside and outside and every other way because a program rate is just the designation that the IMF gives for monitoring purposes to the currency of any country they have outstanding loans issued to.

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Frank 26 - Can a national currency exist on program rate? 10/29/18
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