{"id":28729,"date":"2024-11-20T16:15:22","date_gmt":"2024-11-20T22:15:22","guid":{"rendered":"https:\/\/www.dinarupdates.com\/observer\/?p=28729"},"modified":"2024-11-20T16:15:22","modified_gmt":"2024-11-20T22:15:22","slug":"mountain-goat-900","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=28729","title":{"rendered":"Mountain Goat"},"content":{"rendered":"<p><strong><span style=\"color: #c23b3b;\">Mountain Goat &#8211; Dinar Guru <\/span><\/strong>\u00a0\u00a0<strong>&#8230;the IMF fully intends to repeg the IQD to a basket of currencies once they revalue it and turn it back on FOREX (&#8230;this is called a reinstatement&#8230;).\u00a0\u00a0 It will initially be a FREE FLOAT driven by market fluctuations<\/strong>\u00a0however it will be monitored and my CBI contact has told me they will cap it at a level to control the initial massive swings, if needed<strong>. Then over a period, the rate is expected to settle down to its nominal rate. I am told this could be about $3.85ish.\u00a0<\/strong>The then CBI director in 2011 Dr. Shabibi told his audience in a news media conference on the Iraqi economy that the dinar could sustain a fluctuation as high as $16 USD&#8230;<strong>I am told that the IMF will use the cap at about $9 &#8211; $11 to prevent wild swings out of control that could potentially hurt the basket.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mountain Goat &#8211; Dinar Guru \u00a0\u00a0&#8230;the IMF fully intends to repeg the IQD to a basket of currencies once they revalue it and turn it back on FOREX (&#8230;this is called a reinstatement&#8230;).\u00a0\u00a0 It will initially be a FREE FLOAT &hellip; <a href=\"https:\/\/dinarupdates.com\/observer\/?p=28729\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-28729","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p8gMgY-7tn","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/28729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28729"}],"version-history":[{"count":1,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/28729\/revisions"}],"predecessor-version":[{"id":28730,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=\/wp\/v2\/posts\/28729\/revisions\/28730"}],"wp:attachment":[{"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dinarupdates.com\/observer\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}