8-10-2013 *Kaperoni

[Vixen]

8-10-2013 *Kaperoni ~Article: "The economy: the Iraqi dinar will see an improvement in price against the dollar during the coming period" the original plan in 2011 and again 2012 was a RV at 1 to $1 or about. It was called a "staging rate" and is well documented in these forums. I would love that to be the plan, but the article...confirms that is not going to happen. Maliki has not budged on his policy and he is not going to give "overnight" value to the dinar. That being said, the good news is he apparently realizes that the dinar must become internationally convertible soon and have some value. I'll take a float because we all know it should rise fairly quickly. And I stand by the IMF documents that fully support the IMF in their new "target." which is clearly outlined as "liberalizing the foreign exchange market."