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12-8-2015 *Kaperoni

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12-8-2015 *Kaperoni

Unread postby Vixen » Tue Dec 08, 2015 11:31 am

12-7-2015 *Kaperoni ~Article quote: "...the Iraqi Central Bank Governor d. Ali Mohsen Keywords that the cash reserves of the Central Bank is still good, according despite all appearances and challenges that surround the economic, financial and monetary reality in the country with international standards..." I still find it sorta funny how the Iraq's keep asking for help, yet do nothing themselves. Much of this would be a non-issue if they would just pass the laws to get the market economy going. Nobody is going to do that for them. ...these laws are in the hands of parliament and for whatever the reason (and against the desire of the citizens) they don't get passed.

12-8-2015 *Kaperoni ~Article: "Search our economy unique to the deployment of the central bank governor on the sale of currency and monetary reserve Iraqi window" ...the CBI is trying to demonstrate they can manage the currency within the guidelines of the IMF. If the CBI can't maintain a spread through the daily auctions (a sort of supply and demand) in a closed system, how in the heck would they ever manage the dinar when it floats worldwide via true supply and demand? ...under Article XIV, the CBI is learning how to manage an exchange rate. It is in the CBI's best interest to achieve the goals set forth by the IMF so they can join the big boys. It is in hope that happens by sometime next year.
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