Sandyf

Sandyf – Dinar Guru  …Although what Kaperoni says is perfectly valid I would not agree. Floating the currency would not be a normal course of action for an emerging economy. Egypt was pushed into a float and look what happened…I doubt if that is what people want to see.  It is not only emerging economies at risk, the Russian Rouble became fully convertible in 2006 but avoided the risk of floating until 2014, again a significant drop in currency value. …I for one would hope that Iraq does not face similar problems.

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