Paulette

Paulette – Dinar Guru   Community Comment:  “…The rate doesn’t matter but “freedom of movement of capital” is important.  That is Article 8 compliance.”  They cannot be Article 8 compliant if the country is functioning under a MCP.  A MCP [Multiple Currency Practices] includes a parallel rate of greater than 2% of the official rate by IMF definition.  Saleh said last year that the parallel rate is “REQUIRED” to be 2% or less of the official rate…This 2% or less needs to be maintained for a period of 90 days.  The parallel rate is still around 14% difference.

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