Frank - On Sunday The 1st Of March In This 2015 ...History Will Change In Iraq !

[DinarThug]

CNN. Broadcasting That bsims25 Was None Other Than Fibby - And After Less Than 2 Weeks And 133 Posts He Already Managed To Get His A$$ Banned !

 

 

 

2-28-2015   Newshound Guru Breitling  The CBI announced they are going to retire the 50 dinar notes at the end of April…we basically have 2 months [to exchange them]. 

Is this something BAD that's happening?  NO…nothing of the sort!  This does not effect everyone, but this effects me cause I have a ton of 50 dinar notes. 

Here are the 3 things that this reveals: 

1.  The reason they are taking the 50 dinar note out of circulation is because it's value is so low that it's not efficient. 

2.  This tells us that instead of coming out at a certain rate, they are going to float it up little by little. 

3.  They are going to get more notes out of the market by doing this.  

The wealth that WAS in the 50 dinar notes goes into YOUR dinar…that's not bad news that's good news. 

The wealth of Iraq is not going anywhere it's just going to be crunched up and represented in the remaining notes.  This is the way it works with every currency…With every country if they reduce it [Their currency].
 

 

 

2-28-2015   Newshound Guru Kaperoni   Article quote:  "...the 50 dinars born "dead" because they are too small and can not be accepted compared to other groups."   [I take this as just more confirmation of good things to come and it has started.]  

I do agree..and the time limit of only 60 days seems to tell me that they wanted to get this over with quickly so they can pursue that new policy.  Quote: "A source in the CBI told the "term" that "the Bank does not want a conflict between the currency category of 50 dinars and 500 dinars in case of deletion of zeros from the last." 

I think the very fact that they mention deletion of zeros as a possible reason in this article implies that process is coming sooner than later.  Especially when they are only providing 60 days to redeem.  

[...if an initial revaluation was coming first, the 50 note would definitely have value. to see it being removed leads me to believe the plan is already in place to come out with a float which means at least for a stretch of time the 50 note will have no significance and should be removed.]   

...it will come out at 1166 and rise.  Not including any correction that may occur.
 

 

 

2-28-2015   Newshound Guru My Ladies   MANY THINGS ARE TAKING PLACE IN IRAQ BEGINNING TOMORROW AND MOST OF THEM POINT TO THE COUNTRY BEING INTERNATIONALLY RECOGNIZED.  THE QI CARDS ARE GETTING READY TO REACH OUT AND TOUCH SOMEONE! THEY’RE SAYING THAT STARTING VERY SOON THE RETIREES LIVING OUTSIDE WILL RECEIVE THEIR PENSIONS ON THE CARD. UP TO NOW THEY HAVE BEEN SENDING THEM PHYSICAL MONEY. SO HERE IS ANOTHER SIGN THAT SPEAKS TO BEING INTERNATIONAL...THEY ARE SENDING THESE CARDS TO 4 COUNTRIES TO START.  WE HAVE DONE SEVERAL COUNTDOWNS OVER THE YEARS, LET'S HOPE THIS OUR LAST ONE.

 

 

 

2-28-2015   Intel Guru Frank26   On Sunday the 1st of March in this 2015 ...History will change in Iraq.

[moose 57]

Fibby was Bad

[siberian_shaddow]

Much appreciated Thugs. Most of it sounds right to me, coming out on a float letting the market push it up. What's your take on this thugs.

[Luigi1]

If Smart cards are indeed being loaded in four countries, we may be there or on the verge.

 

Go RV. I need new socks & underwear.

[DinarThug]

2-28-2015   Newshound Guru My Ladies   MANY THINGS ARE TAKING PLACE IN IRAQ BEGINNING TOMORROW AND MOST OF THEM POINT TO THE COUNTRY BEING INTERNATIONALLY RECOGNIZED.  THE QI CARDS ARE GETTING READY TO REACH OUT AND TOUCH SOMEONE! THEY’RE SAYING THAT STARTING VERY SOON THE RETIREES LIVING OUTSIDE WILL RECEIVE THEIR PENSIONS ON THE CARD. UP TO NOW THEY HAVE BEEN SENDING THEM PHYSICAL MONEY. SO HERE IS ANOTHER SIGN THAT SPEAKS TO BEING INTERNATIONAL...THEY ARE SENDING THESE CARDS TO 4 COUNTRIES TO START.  WE HAVE DONE SEVERAL COUNTDOWNS OVER THE YEARS, LET'S HOPE THIS OUR LAST ONE.

 

 

CNN. Broadcasting While Triple Dog Daring U Not To Smell The Word 'International' In This News Story !

 

 

 

(by walkingstick)

Parliamentary Finance for "direction Press": Work remittances system is designed to control the amount of money sent abroad
27/02/2015 01:26 |
Trend Press - special



Parliamentary Finance Committee revealed that the work of the Iraqi Central Bank remittance system and sell the currency is designed to control the amount of money sent abroad.

Said committee member Najiba Najib said in an interview for "direction Press" that the system preclude any party from exploiting the situation the current security of the country and tocontrol the exchange rate a way that would support the budget and cover the deficit indicating that the system is a way to curb money laundering.

It is said that the Iraqi Central Bank announced an auction system to stop working and start currency remittance system. Indicating that the move contribute to the stability of the Iraqi dinar exchange rate against foreign currency through the optimal use of foreign exchange resources to meet the needs of all and not the central occupancy of functions which are at the heart of the work of the banking system, while adhering to the requirements of anti-money laundering and the financing of terrorism and smuggling of currency law,and the governor Iraqi Central Bank on the Keywords announced that it is not true that the central bank remains preoccupied with selling the currency.

http://aletejahtv.org/index.php/permalink/48463.html

 

Read more: http://dinarvets.com/forums/index.php?/topic/198020-parliamentary-finance-for-work-remittances-system-is-designed-to-control-the-amount-of-money-sent-abroad/#ixzz3T51m7cIr

 

 

Booyah Mofo's - Here's Additional Confirmation !

 

The Clown Drops The Mic (An Empty Longneck) And Stumbles Off ...

 

 

 

(by bluedog)

Rafidain Bank plans to issue smart cards for retirees in four Arab countries
Saturday February 28, 2015



Rafidain Bank, announced its intention to issue smart card, in the coming days for retirees in four Arab countries.

The general director of the bank on behalf of Kamal al-Hassani, Saturday, in a statement received by all of Iraq [where], a copy of the "most prominent Arab countries will be ready to use the smart card, the United Arab Emirates, Egypt, Lebanon, Jordan, where he will provide service to customers who rely on the card. "

He said he "has issued first smart card for retirees living in the United Arab Emirates, as the process can receive their pensions through easily and without suffering as it was in the past through the receipt manually and the case will be with the rest of the other Arab countries."

The Rafidain Bank announced on 24 January last, for issuing smart card Alki Card] Pferah in Abu Dhabi for adoption at the retired pay of there.

He said in a statement, "It has to issue the first smart cards for retirees living in the United Arab Emirates, where the process can receive their pensions and easily without suffering"

http://www.faceiraq.com/inews.php?id=3565995

 

         

 

 

Much appreciated Thugs. Most of it sounds right to me, coming out on a float letting the market push it up. What's your take on this thugs.

 

The Clown Would Be Down With A Float !

 

But The Fact That They Are Making Such Strident Moves To Go International To Me Speaks Volumes !

 

         

[Candy01]

Thuggie and Other DVers,

 

If indeed it DID come out at a FLOAT, about WHERE do you think it would START, around $0.10?

 

Thanks!

 

:shrug:

[sandfly]

.05-.10 THANKS CLOWN

[Artitech]

yes