Kaperoni: "there are more than 10 articles talking about floating the Iraq dinar"
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Kaperoni: "there are more than 10 articles talking about floating the Iraq dinar"

@kaperoni
1h1 hour ago
Over the last couple of years there are more than 10 articles talking about floating the Iraq dinar. There is only one article that talks about the timing is not right to float the Iraqi dinar. My money is on the directives from the IMF, Iraq will float it is the only option.

@kaperoni
1h1 hour ago
By definition moving to a more liberal exchange rate regime is moving to a float.

@kaperoni
1h1 hour ago
Monetary policy is not a random act. Changing exchange rate regimes going from a peg to a float Etc all have individual purposes they are used to stabilize economies or combat inflation

@kaperoni
1h1 hour ago
Iraq is expecting a large influx of capital some say it's going to be the wild west of the Middle East this will put severe pressure on the financial system of the CBI.The recourse is get off the peg move to a float to combat the pressure allowing the currency to rise and value.

@kaperoni
29m29 minutes ago
I saw today that someone posted that they expected Iraq to get into the WTO soon it's not happening but a year-and-a-half ago the WTO told Iraq until they reduce the dependence on oil there's no chance I believe the number they said was 70%.

@kaperoni
29m29 minutes ago
Iraq has a long ways to go before they're ready for the WTO.

@kaperoni
28m28 minutes ago
The reference of the WTO in itself does encourage currency reform which is a good thing.

@kaperoni
24m24 minutes ago
In other words before Iraq gets in the WTO they're going to need a private sector and begin to produce exports that will reduce the dependence on oil then they'll be ready for the WTO
RamblerNash- GURU HUNTER
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» Kaperoni answers -- Why are there so many articles about floating the dinar over the years?
» Kaperoni says ...the Central Bank of Iraq will officially devalue the dinar this Sunday to 1450 to $1...I do think they will end up floating and then anything is possible.
» Enorrste says they are talking about a floating dinar
» Mnt Goat: "Again economist Antoine is still talking about floating the dinar on the program rate and not reinstating it" (So Much For Jan. 2022! LOL) 12/1/21
» Kaperoni says that floating the dinar is coming
» Kaperoni says ...the Central Bank of Iraq will officially devalue the dinar this Sunday to 1450 to $1...I do think they will end up floating and then anything is possible.
» Enorrste says they are talking about a floating dinar
» Mnt Goat: "Again economist Antoine is still talking about floating the dinar on the program rate and not reinstating it" (So Much For Jan. 2022! LOL) 12/1/21
» Kaperoni says that floating the dinar is coming
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