 by Vixen » Wed Sep 03, 2014 9:52 am
by Vixen » Wed Sep 03, 2014 9:52 am 
			
			9-2-2014  *Kaperoni   ~Article:  "Referral of the central bank governor to retire"  Quote:   "Cabinet announced Tuesday, referring Abdel Basset Turki, director of the Iraqi Central Bank, to retirement and to assign "Ali Mohsen," the functions of the Governor of the Bank and the Agency."   Any change at the top of the CBI has implications.  Not to mention timing.  Maliki's last harah to the world.  Let's hope the IMF and WB along with Abadi come back and solve this before it has an effect on the in country exchange rate.  ...what matters is stability at the top of the CBI.  It took 2 years for Turki to restore monetary policy to where it was before Shabibi was run out Sept 2012.  Whether Turki should be in office now or not does not matter...what matters is he now has a grasp of the monetary policy, tools and understands what he needs to do.  We do not want to start over.