CBI Iraq - New Iraqi Dinar Currency Exchange Rates

[RSTEFAN]

Not sure if this has been posted before, if it has please remove

 

  CBI Iraq - New Iraqi Dinar Currency Exchange Rates

 

also

 

http://dinarrvnews.net/new-iraqi-dinar-notes-released/

[Markinsa]

Wow Video, this dude got it before I figured it out about 30 minutes ago:

 

http://dinarvets.com/forums/index.php?/topic/189708-new-bills-posted-on-the-cbi-news-and-annoucements/

 

 

Thanks for the post RSTEFAN!

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[Boozer]

same rate, but new notes. still have the 000

[sandfly]

THANKS

[Laid Back]

If the plan is to delete the 000's why they continue printing 000's notes?

[WheresmyRV?]

Good question laid back.

[TBomb]

okay the video is no longer at youtube..at least I can't find it

 

And until we can get a document - separate from a signature on notes - to verify Turki's signature - i'm not buying that this is Turki's signature.

[KDuesing]

Put yourself in a Iraqi's shoes for a minute now imagine after 30 years of pure hell in Iraq, your currency has a rate increase and you go to the bank to put your Dinar into savings only to find out it was counterfeit and you have nothing. You would be crushed.

 

This is what they are solving with these notes.

 

Also I would like to add that even though we read delete the zeros in a thousand articles they are not gonna turn a 10k note into a 10.00 note they never were and never will, what do you expect them to tell the world?

[rockfl9]

If the plan is to delete the 000's why they continue printing 000's notes?

First they are running low on cash in the street.

second they need more to start paying back the Kurds.

Third they need at least 2 laws passed to Change the currency plus a new ISO number. Too busy with other things.

So have to get by with the 000's another year.

[ronscarpa]

Thanks for the great & informative video RSTEFAN...(+1) ... Appreciate it...! Something to consider along with the CBI articles.   

[Calijim]

First they are running low on cash in the street.

second they need more to start paying back the Kurds.

Third they need at least 2 laws passed to Change the currency plus a new ISO number. Too busy with other things.

So have to get by with the 000's another year.

Which laws are those?

[Markinsa]

Which laws are those?

 

He can no longer answer you here.

 

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[Bull Dog]

Does not the CBI control the exchange rate and not the government?????

[moneysoon]

He can no longer answer you here.

 

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Where did he go? Back to the trap???

[Markinsa]

Where did he go? Back to the trap???

 

Yeah, He's been confined to the tank.

 

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[millionaire in training]

Thanks RSTEFAN..............Interesting   

[wbuse984]

Thanks for the post!!!

[yota691]

Which laws are those?

 

He can no longer answer you here.

 

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Where did he go? Back to the trap???

 

Yeah, He's been confined to the tank.

 

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[Calijim]

Does not the CBI control the exchange rate and not the government?????

That's the way I understand it.

[SocalDinar]

Yeah, He's been confined to the tank.

 

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Why?

He was only statng facts in a non combative way

I surely did not see any rules broken

Censorship is bad

I saw a movie once where the government censored everything printed

It was call Schindlers list

Oh and 4 rock forgot to say that they need to combat the counterfeiting also

[MyLadiesDaddy]

That's the real issue here. Unintelligent people think it's censorship.

When in reality it's more like sending the children to their rooms to play so

adults can have a mature conversation.

PRAY FOR REVIVAL EVERYDAY

another day closer

[uncirculd]

Don't care what they print, don't care about the coins (except I would like to collect a few) don't care when they put them on the streets, I only care about the "exchange" rate, and when it changes to be worth more than toilet paper.  

[TBomb]

Does not the CBI control the exchange rate and not the government?????

 

it's a joint work...during Maliki's terms, he and Mahmoud (head of the Supreme Judiciary) returned the controls of the "independent" bodies, such as the CBI, back to the Umbrella of the Govt and the Supreme Judiciary.

 

The current GOI is working to return the complete approval of laws back to the House of Representatives, as the constitution implies this is where the "final" approval of laws should stem from. NOT the Supreme Judiciary  Recently, we've see Mahmoud's been getting "a talking to" from Allawi as well as the current US Rep to Iraq (forget his name now...sorry).  

 

 

This is not solely controlled by Iraq - Iraq has a consultative team assigned to them within / via the IMF.  When the time comes, Iraq will choose their exchange regime and move into Art 8 of the IMF exchange regime protocol, but also, we need the appropriate ER laws in place. Also, within the IMF exchange regime guidelines there is a phrase which states that the ultimate controls re currency reform fall to the govt. I think this is the first time in 8 years where we actually have a "viable" investment with forward movement. 

Edited October 31, 2014 by TBomb

[SnowGlobe7]

You got it TBomb!!!!

[deniscanada]

You got it TBomb!!!!

I second that!!!