8-4-2014 Newshound Guru Kaperoni

8-4-2014   Newshound Guru Kaperoni    In fact, reading the "transition to a market economy" documents...state the central bank must move to the new Exchange Regime prior to opening the Capital Account.  Which is great news for us because it gives us a timeline. Also, it make no sense for the CBI to RV prior to moving to a new regime as they would be forgoing profits (which is what the CBI wants) as the dinar rises.  No international banks or central banks are going to just take "a leap of faith" on some RV of the dinar at say 1 to $1 rate. This is a much more complicated matter than just some simple RV...   As Saleh stated...they want the dinar to be a "hard" currency (which means it must float) and be traded around the world and held in central banks for a very long time. The only way that happens is if the dinar appreciates gradually so the bankers can profit.   [post 2 of 2]