6-25-2014 Newshound Guru Enorrste
6-25-2014 Newshound Guru Enorrste
...it has been my view that Maliki was holding off on allowing the float for
political reasons. A weak dinar policy meant that his opponents would not reap the benefit
of a rising dinar, assuming they were holders. My statement Maliki will allow the float is consistent with his own
statements and those of Turki. Turki said just a few days ago that the
dinar would enter the world stage late this year or early next year. He
would not say that without Maliki's approval. Maliki also has stated that he
wants the country to prosper and enter the world market. The fact that he
has not done much thus far to make that happen doesn't mean that it won't
happen. He actually has a great incentive to allow the float, once he is
re-established with a third term. He will become the ultimate hero.
[post 1 of 2....stay tuned]
