Monday, August 4, 2014

8-4-2014 Newshound Guru Kaperoni

8-4-2014   Newshound Guru Kaperoni   currencies don't revalue when they change Exchange Regimes, they simply move from one to another. So the current rate is 1166 which means when they enter Article VIII and a new regime it will be at 1166. That being said, it won't stay there long. Every expert that I have ever seen has stated it is under valued which means that it will rise. And if Iraq lines up the economic activities as we stated, it should be like turning on a kitchen facet because once the CBI opens the Capital Account, investment will flow into Iraq and put people to work, new constructions, businesses, etc.   Which will cause inflations with a fixed currency...so the dinar must rise as a result of transition to a market economy.   [post 1 of 2....stay tuned]