Kaperoni

…A very good article came out tonight by an advisor to the prime minister. He says there is economic vision to restoring the exchange rate of the dinar. Not by decision, but by real economic reforms, increasing investments in the country.  This article confirms what I have been saying…It’s always good the hear from officials in Iraq. Having the exchange rate rise based on real reforms and non-oil revenues is how monetary policy should work..  It goes against the idea also of a currency exchange LOP.