tman23

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Do you know what they are referring to when they say..”the Central Bank is working on the application of parallel policy”?  

The IMF refers to parallel policy as the “dual exchange rates”…one being the CBI rate and the other being the market rate…

The IMF’s Christine Legarde said sometime back in early 2015

The parallel policy has served Iraq well over the years, but the time has come for Iraq to work off a one exchange rate policy…

If the IMF is loaning Iraq money, I would think it reasonable to assume Legardes words would be included…and the working on the application of “parallel policy” sounds like they are both going to existwhen reality may be they are working on moving to ONE.

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