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Kaperoni says If the Central Bank decides to raise the value, it won't be overnight but via a float
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Kaperoni says If the Central Bank decides to raise the value, it won't be overnight but via a float
Kaperoni
...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12.15/16 .2019
~~~~~~~~~~~~~~
...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12.14.2019
...the IMF councils the CBI what to do. And they told them to float the currency. Never has there been talk of a RV or RI...Here is a direct quote from the IMF to the CBI from 2012 Article IV consultation..."staff encouraged the authorities to consider creating the conditions which would make possible a move to a more flexible exchange rate policy." That is a float people not a RV or RI! Here is the rest of that quote from the IMF..."Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate, triggered by strong oil revenues and the Balassa-Samuelson effect,"
If the Central Bank decides to raise the value, it won't be overnight but via a float to counter pressure created by significant investment.
12.15/16 .2019
~~~~~~~~~~~~~~
...Nothing is about to happen...Not waiting on an announcement. No redemption centers. No NDA's. Iraq is in a transition to a new Prime Minister, stability is an issue and parliament is recessed due to a disagreement over several laws.
12.14.2019
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