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Frank26: "…as far as redoing the compliance for 90 days that’s guru BS" 11/12/19
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Frank26: "…as far as redoing the compliance for 90 days that’s guru BS" 11/12/19
Frank26
…some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11/12/19
…some guru told you that they’re off of compliance by 2%. Look, I’m sorry, ye of little knowledge. The 2% compliance can fluctuate plus or minus even up to about 3 days in both directions. So about a week of fluctuations is normal…the auctions did the same thing but they came back very quickly. No problems…as far as redoing the compliance for 90 days that’s guru BS. Even under these circumstances of demonstrations and killings the CBI was still able to keep the exchange rate stable. That’s important…do you think they have proved to the IMF that they can maintain a 2% compliance variance? Of course they can. Just because they went off the 2% for a day or two that doesn’t mean anything. They’re not gonna have to start over…
11/12/19
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