Gurus Says CBI Has Two Choices...Float Or LOP.

[screwball]

9 hours ago, Gunnytex said:

Years ago.  We were told the dinar would return with Managed Float.

The article explained that a managed float would not allow an exchange rate to fluctuate more than 2 % per quarter.

Thus the term Managed.

It went on to explain Investors in emerging economies Do Not like Volatility, Up or Down.    They seek stability, and a Managed float provides that.

This was from around 2006.

That is all.    Carry On.

 

2 hours ago, Gunnytex said:

Opinion....  which means little.

I donot believe they officially opened a budget in several years. They have completed them , but not opened them.

This is a strategic event that has unfortunately also been a political one.

That being said , I believe it could happen this week.. surely by October,  but Nothing is in stone.

Yes agree...I be,i Eve they have been strategically running a deficit for years building for this very moment....exiting times coming 

[Laid Back]

@Gunnytex thank you for your comments,

With only 36 trillion dinar in circulation, the CBI can cover the whole monetary mass by 236%.... That’s awesome.

In other words they can come out at a rate $1.19 very easy 

 

Go RV asap

Go $1.19