1-12-2014 Newshound Guru Tlar
I think this could very well be the month...anytime this month at or around the time the
budget is passed we may see a change in monetary policy also retroactive
back to the first.
If as we have been told the budget is based on 1.16 dinars per dollar, the
currency better match the budget. If the budget is enacted first the currency
will be out of equilibrium if it does not follow suit. If
they change the currency first and have trouble getting the budget passed
then again they are out of sync. To me logically these things go together and I think that this may
be what the CBI is waiting on. This is speculation on my part but it stands to reason
that you can't do a half of a program. It is important that these two things be done as
close together as possible. If this month finishes and the CBI
still has not done anything, IMO it is because they could not get the
budget passed. [post 2 of 2]
