12-18-2013 Newshound Guru Kaperoni

12-18-2013   Newshound Guru Kaperoni   I have talked about the CBI conforming to the IMF requirements.  Today for the first time since 2010 the CBI is in compliance with the IMF.  They officially stated they Official rate of the dinar at 1179 and the Market rate at 1190. That is below the 2% requirement (a little over 1%). This is a requirement that the IMF stated clearly was a condition in the Article IV consultations. If the CBI can maintain this, it will go a long way to transitioning out of Article XIV and to Article VIII.  [post 1 of 3....stay tuned]