CENTRAL BANK DELETED THREE ZEROS from the currency early NEXT YEAR (2014) to eliminate the forged currency & the new project would be ISSUED COINS up

[ALBUNDY]

Boomer113189:  "  it amazes me how so many people know nothing about Redenomination. they have been very SUCCESSFUL in a lot of other countries that have done it " , What do you mean by " SUCCESSFUL "? Have all the speculators gotten very wealthy when they have bought those currencies? Can you name countries that have been redenominating their currencies successfully and in the same time , make all the speculators getting very wealthy from buying those currencies? Anyone"s guess.

 

[keepmwlknfny]

Oh look baby boy got a new emoticon....anytime your ready baby boy come on down.

If your not the worse one of them all....on here whining like a big baby every day....get a life already

Funny you say that cause it appears that the only ones whining are you, and a few others when people point out and discuss the obvious......and then of course you throw in some other comments that solidify the fact you have always taken other peoples thoughts as your own and havent really ever stepped back and used your own brain.....

[FreckledFuzz]

While I don't rule out the possibility of a RD-- the one recurring thought in my mind is:

 

Why there have been countless articles over the last 2 years stating certain things were to happen by a certain time--then got delayed [repeatedly]

 

RD is a zero sum event. Printing new currency [relatively speaking] is not expensive. It's been said their own currency is in poor condition.

 

They had nothing to lose by just getting it over and done with the first time they said they were going to do it. Why keep putting it off? Educating the masses doesn't take 2+ years.... and they love the US$ so much they'd still probably go on using it after the fact.

 

 

 

 

Unless.... they have different intentions.

 

FWIW-- I have an Iraqi friend that says the news outlets over there are very politically aligned--each outlet is persuaded [controlled] by a political party. This is the reason the the varying differences --even on a daily basis. You are reading what they want you to read--even in a poorly translated state.

 

Much like here in the USA.

[SocalDinar]

Good Morning Keep.

Whats your take on the cash portions of the auctions lately. Market rate is down and people losing faith in Iraq. But the cash prtions have been substantially higher since Shabs removal.  About 20-25 million higher per week. Could they be reducing the money supply. Just a thought. Its a 20 % increase from the days of Shabs.

 

Thanks everyone

You have a lot to learn buddy.....stick around.....

[staunch]

keep erasing my post to this *****!

I thought this site wasnt sensored what a joke this site has become

all for this ********....do some work and actually look at the whole thread! I said nothin to this ******  ******!

Wow....why you let it get to you like that?

Edited March 27, 2013 by carlablum
edited quoted post

[dontlop]

Citi’s WorldLink® Payment Services

IRAQI DINAR
WorldLink® Payment Services has been making IQD payments on behalf of selected clients since 2006 adding to the exotic currencies suite. With the success established over five years, WorldLink has differentiated itself by having local expertise and strong banking relationships in Iraq. WorldLink is now offering IQD payments as a fully developed and proven offering to all relevant WorldLink clients.

While the U.S. dollar remains a widely accepted currency in Iraq, Citi’s cross-border payments specialists anticipate that IQD payments will gain an increasing foothold in support of foreign direct investments.

"Making payments into new countries doesn’t have to be risky or intimidating for clients; the liberalization of markets especially those in the Middle East and Africa are going to undoubtedly change the global economy in the near future. Providing payment options in local currencies is just one step towards building solutions for our clients looking to do business or invest further in these markets." said, Michael Vallance, Global Head of WorldLink® Payment Services at Citi.

To remain focused on exotic currencies with a view to further enhancements, WorldLink Payment Services has expanded its network to fully optimize the current exotic currency offering. This expansion will see a greater capacity for current exotic currencies and will provide the opportunity in the future to bring to market new currency offerings.

Vallance continued, "The payments landscape is changing rapidly and we are watching governments realize the power of their local currencies. It has become imperative to prepare as the shift from the traditional world currencies is being hedged by rising local currency payments. Adding capabilities to bolster cross-border payments capabilities in exotic foreign currencies is a necessary step, not just for Citi, but for any payments provider who is looking to keep pace with expanding client needs and globalization."

For over 25 years, WorldLink Payment Services has successfully enabled Citi’s clients to issue payments in more than 135 currencies, by leveraging an existing network of over 225 partner relationships and accounts WorldLink makes over 30 million payments annually with a value of 750 billion U.S. dollar equivalent. The WorldLink solution is a convenient non-account-based product, offering multicurrency payment solutions for corporations, financial institutions and public entities. Supporting over 4,000 currency pair conversions, WorldLink provides transparent flexible foreign exchange options which are bundled with the most comprehensive distribution network of any international cash management service provider globally.

Global Transaction Services, a division of Citi’s Institutional Clients Group, offers integrated cash management, trade, and securities and fund services to multinational corporations, financial institutions and public sector organizations around the world. With a network that spans more than 100 countries, Citigroup’s Global Transaction Services supports over 65,000 clients. As of the second quarter of 2011, it held on average $365 billion in liability balances and $13.5 trillion in assets under custody.

 

http://www.citibank..../2011_0921b.jsp

 

Edited March 27, 2013 by dontlop

[ALBUNDY]

SocalDinar: " people losing faith in Iraq " , wouw this isn't good and let's hope people still keep and hold their dinar until the end of our ride. We are on the same boat and we have to stick together.