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Kaperoni -- No RV has taken place?, no change in value, nothing has occurred. The dinar is still 1166: $1.
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Kaperoni -- No RV has taken place?, no change in value, nothing has occurred. The dinar is still 1166: $1.
11-20-2013 Newshound Guru Kaperoni A quick update as to where we are…The CBI is trying to implement a few new monetary measures that will help them conform to the IMF Article IV requirements. Namely the 2% spread from Official Rate to Market Rate. These measures include new Auction pricing effective Dec 1st, 2013 and CBI bond sales which hopefully will begin to sell in December. Meeting the requirements prior to any monetary change is a must. So we must wait and see the results of these efforts before we can tell if they will be able to transition out of IMF Article XIV to Article VIII or not.
Politically, some members in parliament do not think the CBI can accomplish all preparations in time for a early 2014 start to the process to raise the value of the dinar. And others think the CBI can, if they try. This is what we are seeing with the recent articles for and against this process. The GOI and CoM also play a part. So at this point, nothing is for sure. And this subject is heavily contested back and forth.
Parliament is on vacation. They plan to return December 15th. Many laws sit idle that will help perpetuate the economy forward. We believe at least some of these need to be passed prior to any monetary change. No RV has taken plan [place?], no change in value, nothing has occurred. The dinar is still 1166: $1.
Politically, some members in parliament do not think the CBI can accomplish all preparations in time for a early 2014 start to the process to raise the value of the dinar. And others think the CBI can, if they try. This is what we are seeing with the recent articles for and against this process. The GOI and CoM also play a part. So at this point, nothing is for sure. And this subject is heavily contested back and forth.
Parliament is on vacation. They plan to return December 15th. Many laws sit idle that will help perpetuate the economy forward. We believe at least some of these need to be passed prior to any monetary change. No RV has taken plan [place?], no change in value, nothing has occurred. The dinar is still 1166: $1.
Ponee- Admin
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Re: Kaperoni -- No RV has taken place?, no change in value, nothing has occurred. The dinar is still 1166: $1.
Tony - Loechin - Stage2 - what is your answer to Kaperoni?
Ponee- Admin
- Posts : 38267
Join date : 2011-08-10
Re: Kaperoni -- No RV has taken place?, no change in value, nothing has occurred. The dinar is still 1166: $1.
Kap makes a lot of sense ... unlike the others.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Re: Kaperoni -- No RV has taken place?, no change in value, nothing has occurred. The dinar is still 1166: $1.
Hey, speaking of Tony, Loechin, and Stage2 my sources have uncovered a rare picture of the three of them in consultation regarding the GCR:
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-10
Age : 24
Location : Umm right here!
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