Monday, February 10, 2014

2-10-2014 Newshound Guru Kaperoni

2-10-2014   Newshound Guru Kaperoni   This quote...clearly confirms this..."There are risks to opening the capital account before adopting a flexible exchange rate".   In other words, you cannot open the door to investors (Capital Account) before you get off the peg.   And if you try,  everyone may pull out on you.  I also think the article today from the World Bank confirms that they want the the CBI to get ready...Article:  "NET and the World Bank to discuss activating the permanent development of the banking system".  [post 2 of 2]