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Kaperoni says they plan to float the dinar
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Kaperoni says they plan to float the dinar
2-20-2014 Newshound Guru Kaperoni Article: "Assertions of the importance of the stability of the currency in the economic advancement" https://www.dinardaily.net/t31599-assertions-of-the-importance-of-the-stability-of-the-currency-in-the-economic-advancement#204180
Love this quote..."In the Iraqi experience after the fall of the dictatorial regime, the present authorities have decided to change the Iraqi currency to a new currency. This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc." That pretty much confirms again they plan to float the dinar! [...will it rise fast once it starts to float?] based on everything I have read and seen it appears it would. But time will tell.
Read the full article here https://www.dinardaily.net/t31599-assertions-of-the-importance-of-the-stability-of-the-currency-in-the-economic-advancement#204180
Love this quote..."In the Iraqi experience after the fall of the dictatorial regime, the present authorities have decided to change the Iraqi currency to a new currency. This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc." That pretty much confirms again they plan to float the dinar! [...will it rise fast once it starts to float?] based on everything I have read and seen it appears it would. But time will tell.
Read the full article here https://www.dinardaily.net/t31599-assertions-of-the-importance-of-the-stability-of-the-currency-in-the-economic-advancement#204180
Ponee- Admin
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Re: Kaperoni says they plan to float the dinar
I do not see that at all in the article here ...
Nor anywhere else ...
Nor anywhere else ...
Last edited by Kevind53 on Thu Feb 20, 2014 9:07 pm; edited 1 time in total (Reason for editing : Addendum)
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Trust but Verify --- R Reagan
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Kevind53- Super Moderator
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Re: Kaperoni says they plan to float the dinar
I may have a different translation... it should be the same context though. I am not up to finding the exact one that kaperoni used. Too many too look at this time of night after digging my daughter's friend's car out of the snow for 2 hours.
Or do you mean you are not seeing that thought in the article at all Kevin?
Or do you mean you are not seeing that thought in the article at all Kevin?
Ponee- Admin
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Re: Kaperoni says they plan to float the dinar
I am not seeing his quote anywhere in the article. I've tried several translations, just not finding it at all.
*****************
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 says they plan to float the dinar
Kevin can't they do both? RV to.a rate for a fixed period of time...then let it float from there? Or is it one or the other?
BritishBulldog- VIP Member
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Re: Kaperoni says they plan to float the dinar
Why couldn't they set low and slowly float up?
Ponee- Admin
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Re: Kaperoni says they plan to float the dinar
Not saying they couldn't it is very possible. Just saying the quote in Kaps statement
isn't in the article referenced.
Kap wrote:"In the Iraqi experience after the fall of the dictatorial regime, the present authorities have decided to change the Iraqi currency to a new currency. This does not affect the value of the dinar so far but it opens the dinar to the free currency market such as against the dollar, etc."
isn't in the article referenced.
*****************
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 says they plan to float the dinar
As I said, it may be the same article - different translation
Ponee- Admin
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Re: Kaperoni says they plan to float the dinar
Yea I tried every translator I could find ... they all pretty much came out the same. I am assuming the link I posted above is the original article ... but maybe there is a longer version somewhere... if so it eluded me.
*****************
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 says they plan to float the dinar
Well, in dinar land, yesterdays news is just that .... YESTERDAY and Kaperoni will have more to say today or tomorrow and things will still be the same so I am not going to fret about it at all
Ponee- Admin
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Re: Kaperoni says they plan to float the dinar
I wish Iraq would just bring there currency to the trading stage, let supply and demand set it's worth. We all would be happy campers soon
RoyBoy- VIP Member
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Re: Kaperoni says they plan to float the dinar
KAP has been stuck in the "float neutral" forever. Someone give him a blanket & a donut.
We get it Kap !!
We get it Kap !!
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