11-27-2013 Newshound Guru Tlar

11-27-2013   Newshound Guru Tlar   The CBI had a feasibility study done in 2008.  The purpose of this study was...to determine value.  The results are...based on the exchange rate at the time they did very little from todays rate.  They recommended that the CBI "open" their currency at 1.13 dinars to the US dollar which was based on the then rate.  That was dropping three zeros as an event.  The findings were that the CBI could support the dinar at that level.  The also recommended that the CBI maintain and support that level for 3 years until the market accepted the new rate, and then let it float.  [post 1 of 3....stay tuned]