3-19-2017 Intel Guru Frank26 Article: “Iraq begins new consultations with the IMF and the World Bank late next April” …even AFTER the RV the CBI will continue to meet with the IMF every three months… IMO…Only THE Agreement to become INTERNATIONAL in early 2017 by lifting the 3 000’s from their Exchange Rate can help their Economy…
3-19-2017 Newshound Guru firefly Anybody that’s been in this investment for any period of time should know that a lot of negative news will pop it’s ugly head at the end. Just remember what Dr. Shabibi said at Jackson Hole back in 2011 when he was asked when he will do the currency adjustment. After thinking about the question for a bit of time he stated “AFTER MUCH MEDIA PROPAGANDA” This is not about us. Just be thankful we were given the opportunity to be a part of this investment. Timing is everything right now. One mistake in their calculations would be catastrophic. …the true rate will show on the CBI 1st.
3-19-2017 Newshound Guru Kaperoni The IMF would never agree to accept Iraq into Article VIII if they cannot comply with the Article VIII requirements… That means they must show stability at 2% or less for 90 days prior to acceptance into Article VIII. I don’t see anyway around that. That being said, they could get off the peg without approval from the IMF.
3-19-2017 Newshound Guru mike [what value does the dinar have to get to to be in the 2% range?] anything 1205 and under is compliant with the IMF’s 2% MCP requirement.
3-18-2017 Newshound Guru firefly Historically all currency adjustments are made in the 1st quarter of the fiscal year. Kuait and Zambia are good reference points. There is much going on behind the scenes that we are not aware of. I for one am extremely excited at where we sit today.
3-18-2017 Newshound Guru Kaperoni Article: “Expert: Iraq is heading for a social market economy within the plan that will last until 2030? More importantly, currency reform must begin before they will ever have a market economy.
3-18-2017 Newshound Guru revbo Article: “Head of Prime Minister Haider al-Abadi on the head of a high official delegation, on Saturday, to Washington at the invitation of President of the United States, Donald Trump.” So, he’s going to be here for three whole days before his actual meeting with President Trump, and right in the middle of the fight of his life. Whatever he’s talking about over here must be pretty darn important to pull him away from that, and he must think the Mosul op is close to wrapping up.
3-18-2017 Intel Guru Frank26 Article: “Abadi, head to head an official delegation to Washington to meet with Trump” IOO (In Our Opinion) …The IMF/CBI meeting will NOT take all 14 days and A will go to meet T before the scheduled 19th.