Everything lines up perfectly for the central bank to move the rate first. When the rate moves to reflect real purchasing power, the REER adjustment that we’ve been waiting for, every single law, budget line, oil contract and import becomes 20% to 25% cheaper in dinar terms overnight. It could be significantly more than that…To me that’s exactly why the hush has been so loud because that’s how they’re doing it. They’re avoiding specifically saying but their actions are telling it clearing in a very loud manner.
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