8-10-2014 *Kaperoni

[Vixen]

8-10-2014 *Kaperoni ~the dinar in circulation is simply worn out. And the reprinting of notes is to replace those...nothing more...the CBI has a responsibility to maintain exchange rate stability, foreign currency auctions, etc (monetary policy). until the such time they decide to exit Article XIV and enter Article VIII. This is nothing more than part of that process. The current dinar is not expiring, nor ending nor have a timeframe. The IQD is the currency of Iraq. IMO, the value of the dinar will not change until the CBI makes that decision to go to Article VIII as part of the transition to a market economy. The rise in value is part of a broader economic plan as the Article IV Consultation stated "Balassa-Samuelson" effect. There is no overnight RV, its not happening tonight, tomorrow or after the GOI is seated...It will rise in value only as part (result) of the transition to a market economy and a influx of capital.