Militia Man
[via PDK] '
Question: will the rate be fixed or a float?
Militia Man: Saleh who is the prime ministers financial advisor has released several articles on this. I think a managed float is exactly what they are talking about. It’s a form of a fixed…and a form of a float. It’s a component of both...If there was to be growth…imo it would be as conservative as they can .
They will need to keep the rate stable on the dinar. Contractors would not appreciate rate or price changes every day...remember the reinstatement rate 20 years ago of $3.22. Even the IMF has documents stating this was a relevant number. If it came out at that…they would keep the rate in a relevant range.Could it grow from there? It could. And they could adjust that accordingly but would probably keep it pretty tight.
No comments:
Post a Comment