BACKDOC: WITH WEDNESDAY BEGINNING THE VACATION PERIOD IN IRAQ AND A POSSIBLE REPLACEMENT FOR THE “ACTOR” ALAK, THE ACTING CBI GOVERNOR, WE ARE RIGHT ON SCHEDULE!
NO WONDER THE “ACTORS” WANT IMMUNITY FROM PARLIAMENT!
SHABIBI SAYS: MAKE MY DAY AS HE BLOWS THE END OF HIS LEGISLATIVE GUN!
BAAA HAA DOC IMO
Zerb: From Bloomberg, Nov 30, 2015, 12:03:13 PM
China’s currency will be added to the IMF’s Special Drawing Rights Basked, according to Managing Director Christine Lagarde.
To read the entire article, go to http://bloom.bg/1jucmho
I think that bouncing elephant that’s really help things. Lol
Panther51: IMO….this is huge!
IMF agrees to include China’s RMB in benchmark SDR currency basket
The International Monetary Fund agreed Monday to add the Chinese yuan to its currency reserves basket.
The decision — which marks another step in China’s global emergence — came after the IMF evaluated China’s role as an exporter and the yuan’s role as a “freely usable” currency. IMF Managing Director Christine Lagarde noted the currency’s inclusion is a “clear representation of the reforms” taking place in China.
The addition of the yuan, or renminbi, will take effect next October.
BACKDOC: THE RIPPLE IN THE POND NOW BEGUN! PRAISE GOD FROM WHOM ALL BLESSINGS FLOW!
Desire: Please keep your arms and legs inside the car until the ride has come to a complete stop!
Backdoc HANG ON TO YOUR HATS, SEATS, AND TICKETS, FOLKS, THE SDR TRAIN IS ABOUT TO ROLL!
MY EYES WILL BE FOCUSED ON THE WEE HOURS OF THE 7TH GOING INTO THE 8TH. IF ALL GOES WELL, BY MID DECEMBER WE WILL SEE OUR DECEMBER TO REMEMBER WITH AN INTERNATIONAL LIVE RATE OF MANY CURRENCIES!
DON’T BE IN A HURRY TO SWAP YOUR CURRENCY THEN, JUST LET THE REAL VALUE CLIMB!
BY THE END OF THE FIRST 90 DAYS YOU WILL SEE THE INTERNATIONAL RATE REACH MATURITY TO RI STATUS.
IMO I THINK THERE WILL BE A MUCH HIGHER RV (REVALUE) RATE MONTHS LATER. TIME WILL TELL.