Kaperoni

Kaperoni – Dinar Guru  [Ultimately isn’t it the CBI that makes the decisions?]  Yes the CBI has to do it.  But no because Iraq has to follow the Stand By Agreements they signed in exchange for loans over the years with the UN, IMF and WB…And the IMF became the Trustee of the CBI in Dec 2015 per agreement signed. Therefore, I see the IMF directives going forward And if you look at the success of the CBI since Dec 2015 their has been several successes including reducing the spread to within 2%, maintaining a stable exchange rate for over a year, and significant progress on money laundering.  [post 2 of 3]

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