Iraqi Dinar Revaluation and Global Currency Reset News | Dinar Chronicles
Kaperoni:
Article:
"Zebari: the dinar exchange rate remains stable"
Quote:
"views the exchange about the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy."
The key is it appears Iraq has turned to the IMF for help.
And they will follow the rules even more so now.
Which takes me back to the IMF Article IV consultation!
Article VIII and a gradual appreciation.
»»»»»»»»»»»»»»»»»
Article:
"Legislative power: raise zeros will not affect oil prices"
No matter how you look at it..as the float starts or the Law of Indebitness there is no chance the zeros will be gone in 2015.
The articles describing the process from a few months ago clearly stated it could take 4-5 years once it began.
I believe IMF Article VIII will occur in 2015 (which will give freedom of movement of capital to occur), but many people are going to be surprised that the dinar's value will remain low until investment begins to flow into Iraq.
http://www.dinarchronicles.com/intel
Kaperoni:
Article:
"Zebari: the dinar exchange rate remains stable"
Quote:
"views the exchange about the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy."
The key is it appears Iraq has turned to the IMF for help.
And they will follow the rules even more so now.
Which takes me back to the IMF Article IV consultation!
Article VIII and a gradual appreciation.
»»»»»»»»»»»»»»»»»
Article:
"Legislative power: raise zeros will not affect oil prices"
No matter how you look at it..as the float starts or the Law of Indebitness there is no chance the zeros will be gone in 2015.
The articles describing the process from a few months ago clearly stated it could take 4-5 years once it began.
I believe IMF Article VIII will occur in 2015 (which will give freedom of movement of capital to occur), but many people are going to be surprised that the dinar's value will remain low until investment begins to flow into Iraq.
http://www.dinarchronicles.com/intel
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