Friday, February 28, 2014

2-28-2014 Newshound Guru Kaperoni


2-28-2014   Newshound Guru Kaperoni     [could the GOI be waiting on a rate from the CBI and stalling until then?]  I think the CBI has been ready for a while. So IMO no.  [but the CBI controls the rate - you really think they're waiting on the GOI?]  it is clear that Maliki interferes in monetary policy.  I have statements, from the IMF, WB and even the US Embassy over the last year telling him to stay out of monetary policy.  [has the CBI done all it's supposed to? Like reaching that 2% & pulling enough 000 off the street?]  unlikely they are in compliance.  But IMO, compliance or the 2% can be done quickly within 30 days or less.  [so if they're not in compliance, how could they be ready?]  it depends on what your trying to achieve.  IMF Article VIII they need to be in compliance, to raise the value, they can do that anytime.