KAPERONI says the CBI is phasing in little by little until they are functioning like all other central banks.
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KAPERONI says the CBI is phasing in little by little until they are functioning like all other central banks.
2-15-2014 Newshound Guru Kaperoni
Article: "Open market operations .. Tool absent from the proceedings of the Iraqi Central Bank"
https://www.dinardaily.net/t31455-open-market-operations-tool-absent-from-the-proceedings-of-the-iraqi-central-bank#203545
the CBI was doing a form of OMO [Open Market Operations] for the past several years, this is just a new twist (in which the CBI steps back from the money supply) which is more in line with other central banks around the world. And after that will be another when they introduce the bonds, etc. In other words, the CBI is phasing in little by little until they are functioning like all other central banks.
Article: "Open market operations .. Tool absent from the proceedings of the Iraqi Central Bank"
https://www.dinardaily.net/t31455-open-market-operations-tool-absent-from-the-proceedings-of-the-iraqi-central-bank#203545
the CBI was doing a form of OMO [Open Market Operations] for the past several years, this is just a new twist (in which the CBI steps back from the money supply) which is more in line with other central banks around the world. And after that will be another when they introduce the bonds, etc. In other words, the CBI is phasing in little by little until they are functioning like all other central banks.
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Re: KAPERONI says the CBI is phasing in little by little until they are functioning like all other central banks.
Exactly, it's not replacing anything, it's just another tool in the bag.
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