Latest topics
Kaperoni says -- When Iraq creates conditions for the country to prosper, the dinar can float & appreciate in value.
Page 1 of 1
Kaperoni says -- When Iraq creates conditions for the country to prosper, the dinar can float & appreciate in value.
by Ponee Fri May 15, 2020 9:07 pm
Kaperoni
Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
05.15.2020
Today...an article...was very clear that the plan is to float the Iraqi dinar when conditions are appropriate. The article goes on to say that now is not the time. Why is it not the time to float the dinar?? It is stated that floatation needs stable conditions as well as diversification of the economy and dependence on resources other than oil. For the last few months various economists have weighed in on floating and most, if not all, have said under the current economic conditions the dinar would devalue...Iraq needs to create the conditions for the country to prosper. When they do so the dinar can float and appreciate in value. Those conditions include but are not limited to...new government, parliament passing laws, stability and the currency within 2% per IMF guidelines. Accepting IMF Article VIII and as said before this will send a message to investors that Iraq is open for business.
05.15.2020
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Kaperoni says -- When Iraq creates conditions for the country to prosper, the dinar can float & appreciate in value.
by Ponee Sat May 16, 2020 9:09 pm
.
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
» Russia aren't taking any prisoners
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
» ZIGPLACE
» CBD Vape Cartridges
» Classic Tony is back
» THE MUSINGS OF A MADMAN
» Minister of Transport: We do not have authority over any airport in Iraq
» Did Okie Die?
» Hello all, I’m new
» The Renfrows: Prophets for Profits, Happy Anniversary!
» What Happens when Cancer is treated with Cannabis? VIDEO
» An Awesome talk between Tucker and Russell Brand
» Trafficking in children
» The second American Revolution has begun, God Bless Texas
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
» Tucker talking Canada
» Almost to the end The goodguys are winning
» Dinar Daily Facebook Page