Author Topic: 3-18-2016 Newshound Guru Kaperoni Quote: "  (Read 142 times)

Offline beach7

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3-18-2016 Newshound Guru Kaperoni Quote: "
« on: March 18, 2016, 09:46:02 AM »
 3-18-2016   Newshound Guru Kaperoni   Quote:  "...The parliamentary Finance Committee said that the sale of foreign currency auction at the Central Bank of Iraq has many pros and this considered as a savior of the dinar..."  We know there is no choice for Iraq at this time.  While pegged, they have to do auctions to provide dollars, and to demonstrate they can manage the currency (spread) for the day they exit and join the world in Article VIII.  ...I am hopeful with the IMF stating first half, and the article surfacing including today's from Allaq that said "coming months" it seems that they may get their act together and open the banking system later this year.  Orderly or disorderly, who cares..bring it on, lets get the dinar on the world market and see what happens.