3-12-2014 Newshound Guru Kaperoni

3-12-2014   Newshound Guru Kaperoni    IMF Article IV Consultation Quote:  "Such flexibility could allow a predictable and gradual appreciation of the nominal exchange rate,"  This is exactly what we want to happen.  The IMF is saying clearly moving to a flexible exchange regime, will let the dinar rise in value gradually (nominal exchange rate means dinar to another currency like the dollar  [1166:1]).    Knowing the IMF must approve, it is clear...the dinar will rise gradually via a new exchange regime (float).  That is all that is stated and no other options are given.