Saturday, March 29, 2014

3-29-2014 Newshound Guru Kaperoni

3-29-2014   Newshound Guru Kaperoni   Based on all the information (articles, IMF, etc) it is apparent they are going to "raise zeros" by a gradual appreciation (IMF Article IV consultation - which is a float) of the currency and then "delete zeros" which is the implementation of the Law if Indebitness.  As for what they say on TV, they usually refer to it either as a "reevaluation" or "reevaluate of the dinar".  Last week we saw someone refer to it as..."the zeros deletion project" and "restructuring the currency."  IMO, all of which support that this is a process rather than a single event.