Article quote: “The Central Bank announced yesterday, Wednesday, the adoption of new exchange rates, according to which it set the price of buying the dollar from the Ministry of Finance at 1500 dinars” So, yes it certainly appears they did devalue the dinar by raising the rate to 1520 dinars per 100 dollars. …reaction by parliament is important because it tells us the CBI should NEVER change the exchange rate alone, even though it technically and legally can…Yes, they can but should they? There is repercussions if they do. This includes then devaluing and revaluing…All branches of the government should be included in these kinds of decisions…We see the repercussions playing out now. :Mnt Goat
