…my CBI contact…said we would hear all kinds of comments about the independence of the CBI and how they can adjust the rate anytime they want. Yes this may be true but…Some don’t even realize there are two types of rates, one is the program rate and the other the FOREX rate…the ‘program’ rate tied to the de facto peg can be changed upwards or downwards by the CBI any time. This does not mean allowing the dinar back on FOREX… :Mnt Goat [Post 1 of 2….stay tuned]
