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Kaperoni says   If the Central Bank decides to raise the value, it won't be overnight but via a float  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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  Empty Kaperoni says If the Central Bank decides to raise the value, it won't be overnight but via a float

Post by Ponee on Mon Dec 16, 2019 9:21 pm

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


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...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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