Tuesday, December 17, 2013
12-18-2013 Newshound Guru Kaperoni
12-18-2013 Newshound Guru Kaperoni I am expecting in the coming days we may also
very well see the CBI start selling the bonds as well for monetary policy in
dinars.
I am sure the CBI and IMF are both smiling today. When you pair this
information with two new articles released today, it appears the CBI may be gearing towards exiting the current exchange
regime under Article XIV and move to the new regime (we hope a float) in
Article VIII sometime in January. At the end of January the CBI is hold a
conference in Dubai ! So, we have the CBI meeting the IMF
requirements today, we have the article saying mid-january the banks will be
"stimulating the economy". And now we have this Dubai banking conference end of Jan. [post 2 of
3....stay tuned]