Saturday, November 23, 2013

11-23-2013 Newshound Guru Kaperoni

11-23-2013   Newshound Guru Kaperoni   we have two clear signs the CBI is trying to conform to the IMF requirements...by issuing the Dec 1st new Auction pricing and the issuance of bonds for monetary policy.  Though maybe not what you want to see, meeting the IMF requirements must happen before Iraq can exit Article XIV and move to Article VIII.  Article VIII would include the new exchange regime (float) so that is how we see the dinar rise in value.