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Kaperoni: "As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation" 10/25/19 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Kaperoni: "As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation" 10/25/19

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Kaperoni: "As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation" 10/25/19 Empty Kaperoni: "As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation" 10/25/19

Post by RamblerNash on Fri Oct 25, 2019 10:52 pm

Kaperoni    

The dinar cannot RV...Nothing is about to happen other than acceptance of IMF Article VIII which we believe may happen early next year.  As for the dinar exchange rate, I believe it'll gradually appreciate overtime as instructed by the IMF and the 2013 IMF Article IV Consultation. Following that directive allows for the currency to increase in value but also provides the tool the CBI needs to counter inflationary pressure created by an influx of capital as investors come to rebuild Iraq's infrastructure. I guess we'll have to see who's right, but my money is the CBI following the IMF and having tools and mechanisms to maintain price stability throughout the country.


10/25/19
RamblerNash
RamblerNash
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