Thursday, May 2, 2024

"RV UPDATE" BY FRANK26, 2 MAY

 Frank26  

 Question:   "Do you have to change rates before May 9th ascension in the WTO? No, you can have a membership in the WTO with a low exchange rate.  That doesn't interfere with it.

The budget does not need parliament...The budget waits for the exchange rate.  The exchange rate is not waiting for it or anything else...The budget is born without them...

 Article:  "Will the agreements signed with the US Treasury reflect positively on the exchange rates?"  

Yeah because they want at least 1 to 1 but they never changed it.  They kept it at 1320.  I think they're going to come out at maybe 1 to 1.30 or 1 to 1.50 and then float...The only reason they ask this question is because they know the answer to the question!

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