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Message: <blockquote data-quote="cuteoz" data-source="post: 27747791" data-attributes="member: 167216">They can't peg it, as they don't have any foreign reserves. can't really say it's artificial, but it is inflated none the less, but this inflated prices are still not stabilized, and it seems like the 360 level is stabilizing, if a soft peg isn't in place, but if the trend is down, that's good, but as money is printed and inflation may go higher, it has chances of rising, September maybe too soon, the IMF and all lenders need to be involved in actively loaning funds to bring in capital inflows, once that happens and when the debt is restructured, we would see things getting stabilized.An economic professor mentioned to me, that countries which default debt is now reduced to credit levels being diminished, and sometimes further devaluation of currency and inflation may get higher, the government cannot subsidize the fuel, gas, and electricity prices, which will take things to pay off. Lets wait and see how things work out.</blockquote>

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