…in my conversation with my CBI contact on my Wednesday call…We…talked about…the monetary reform and where it stood. I was told it would take some time, maybe weeks or months even for the currency swaps to take the needed effect in leveling out the parallel black market rate for the dollar. But my contact seemed very optimistic that the plan now in place could move this rate quicker than expected even. But I was warned not to expect instant success as there is still a period of monitoring it for wide swings, in other words it needs to be stable…We can see that there has been more progress towards currency reform in the last 12 months than in the twenty years combined.
