by Vixen » Tue Mar 24, 2015 9:53 am
3-23-2015 *Kaperoni ~The bottom line is Allaq has his hands tied right now...until the GOI gets parliament to set the stage (pass the laws of economic and banking) for investment and investors, the CBI cannot float the dinar. They work hand in hand to drive the exchange rate up..and so we wait. This is not new, we have been saying this for a very long time. Article quote: "Mr. Prime Minister, Dr. Haider al-Abadi, received in his office on Monday, Governor of the Central Bank, Mr. Ali relationship. During the meeting, they discussed the work of the central bank's strategy for the coming period and the control of the Iraqi dinar exchange rate against foreign currencies." I was thinking about this...usually when there are meetings like this a few more players are involved. One on one with the PM is probably very sensitive in nature...which IMO is a good sign. We may be close.