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DinarThug

Delta: URGENT FROM IRAQI TV - CBI Printing New Banknotes !

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CNN. Broadcasting From Iraqi TV Headquarters In A Tent On A Sand Dune During A Massive Haboob !

 

 

 

URGENT FROM IRAQI TV:

 

The Central Bank has announced a tender for the printing of new banknotes SMALL NOTES AT INTERNATIONAL COPMANIES

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DELTA

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THERE IT IS.....

Baghdad / Al-Ghad Press: 

The Central Bank of Iraq called for the need to preserve the local currency,

pointing to the strengthening of local banks in local currencies of small groups. 


A source from the Central Bank of "Al-Ghad Press", said on Tuesday that

"the bank calls for the preservation of the local currency and the strengthening of banks with small groups of local currency,"

pointing out that "the printing of the Iraqi currency and replace them cost amounts,"

calling on citizens to maintain and maintain Bank notes when trading ".


He revealed that

"the Central Bank has announced a tender for the printing of new banknotes (small categories) at the international printing companies." 


The source said that "the Central Bank to pay cash from small groups to government banks and private banks

have been distributed amounts given to banks during the month of November last year of the current (554,000,000) dinars (one hundred and fifty-four million dinars)

category 1000 dinars and the amount of (202,500,000) Dinars (two hundred and two million five hundred thousand dinars)

category of 500 dinars, "adding that" the Central Bank of Iraq pays to the Rafidain and Rashid Bank an amount of not less than (200 million) dinars (two hundred million dinars to change)

in almost every withdrawal of its own assets.

  https://www.alghadpress.com/news 

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DELTA

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24 minutes ago, DinarThug said:

URGENT FROM IRAQI TV

 

"Dad, which one is THAT? Frank, Windsock or Delta?"  :lol:

      old-fashioned-tv.jpg?resize=300%2C233&strip=all

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1 minute ago, davis411 said:

you tired???

 

Hurry Up And Raise The Rate Iraq So That We Can Be Retired ! :o 

 

:D  :D  :D 

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”Dad, which one is THAT? Frank, Windsock or Delta?"  :lol:

      old-fashioned-tv.jpg?resize=300%2C233&strip=all

 

 

“And Why Are They Always Sitting On Each Others Laps When They Have That Entire Blue Couch ?” :o 

 

:D  :D  :D 

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1000 dinar replaced, 500 dinar replaced, 100 dinar replaced ... 0 = RV time baby.  This coupled with the smaller Islamic Banks successfully going electronic, digital; the creation of deposit insurance for all Iraqi banks wonderful. Electronic payment of salaries and retirement benefits around the corner;  tariffs on imported goods set to start asap. Means there is a even larger amount of pressure on the GOI and CBI to revalue their currency to reflect the true market value.

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56 minutes ago, happygilmores said:

Vary.

 

 

This was really good news. I hope it ends well for all of us. 

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I'm thinking the printing and distribution of the lower denoms is going to help get the larger denoms off the street faster. Closer to an RV everyday. ♡

Edited by Rmc10
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12-5-2017   Newshound Guru G-Lin   Article: 

"The Central Bank strengthens banks in local currencies of small groups"  

Quotes:  "...the printing of the Iraqi currency and replace them cost amounts,"

calling on citizens to maintain and maintain Bank notes when trading." 

"the Central Bank has announced a tender for the printing of new banknotes (small categories) in the printing companies of the world."  

Is this the beginning of distribution of L.D.'s?  

If so, they did it last month.  

It just doesn't make sense to me for CBI to go to the expense of printing 1000's and 500's based on today's value unless they intend to give them a higher value. 

It cost more to print them than they are worth. 

Of course they wouldn't tell us if they distributed anything smaller.

That would tell us too much.

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12-5-2017   Newshound Guru Kaperoni   ...it is published both on the CBI and in IMF docs that 44 trillon is in circulation

There is only one solution...

Reduce the physical paper and gradually raise the value via float...

the dinar will float with a plan to equal $1.  

Its in print.  

You remove the larger 3 zero notes and introduce new smaller notes over time.

This process deletes the zeros and raises the value

Latest economist article:  

"Today, we find it easy in front of the Central Bank of Iraq to work 

to the principle of reducing the exchange rate gradually to the extent that it can be equivalent to the dinar against the dollar...  

Iraq is not a candidate to LOP the Dinar... 

they have less than 2% inflation... maintained the peg.  

LOPs happen when monetary policy fails.

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12-5-2017   Intel Guru Frank26   Remember that speech from the University on Nov. 25th?   ...

[Guru] Walking Stick called me on the 26th and he gave me a report...   

We told you about that speech that is going to be called the National Wedding at Rasheed Hotel... 

It will be a five day event.

There will be a military parade...

and IOO ( in our opinion) we will see the second part of the speech on Dec 9th...

They are expecting over 100 countries to this celebration ...

It is called the Final victory speech...

and as soon as Abadi  makes that speech [Guru] Walkingstick will disappear because  in his words…

“all hell will break loose”.   

IOO - right after the speech they will announce the Economic Reform and Monetary Reform of their country...

and they will tell the 100 countries attending to invest in the ISX.

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12-5-2017   Intel Guru Frank26   IMO this next speech coming up will fill in the gaps...

IMO This speech will say, or had better say that they are completely liberated from ISIS.  

WS said to me “I told you that Abadi has to say it this Saturday ...Dec.9th”.  

IOO the USD and the IQD will depeg and enter a basket,

then they will release the convertible currency which is a polymer note with the tower of Babylon on it.  

I think this Sat you will see the photo finish.  

IMO The lifting of the 3 zero's is all around us.  

Alak said they confirmed the FDIC Insurance is coming in... 

Remember that I told you after Mosul we will see the MR at the speed of light. 

IOO Pay attention to Alak.

We are now seeing leaks, and these leaks have a purpose.  

IMO we are as close as water to water!

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Thanks DT...They can print all the LD's they want...but until there's value established to the dinar...They're just pissin' in the wind...:shrug:

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12-5-2017   Intel/Newshound Guru sandyf   RV is taken to mean revaluation,

there is no revaluation of a floating currency, it is appreciation.

Revaluation is applied to a fixed exchange rate currency.    

[The value has been removed, it needs to be reinstated

The IQD has always been the national currency of Iraq,

you cannot reinstate something that has not been removed. 

The value was not removed,

it was altered and you cannot reinstate value, that would be a revaluation.   ...

the IQD is a fixed exchange rate currency regime so the options are revaluation and devaluation.

People should bear in mind that devaluations are very much easier to apply than revaluation.

This is why there has been some very large devaluations but only minor revaluations.
 

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1 hour ago, skeetdog said:

They're just pissin' in the wind...:shrug:

 

That’s How Bruce ‘Makes It Rain’ ! :o 

 

:D  :D  :D 

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5 hours ago, DinarThug said:

the Central Bank has announced a tender for the printing of new banknotes (small categories) in the printing companies of the world."  

Is this the beginning of distribution of L.D.'s?  

If so, they did it last month.  

It just doesn't make sense to me for CBI to go to the expense of printing 1000's and 500's based on today's value unless they intend to give them a higher value. 

I have to agree with this, even if it is a guru.... however it all depends on what notes they’re talking about replacing I guess.... they always have a way of twisting it to mean something it doesn’t 

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12-5-2017   Newshound Guru Kaperoni   Article: 

"The central bank boosts banks local currencies from small groups"  

Quotes:  "the printing of the Iraqi currency and replace it with cost amounts",

calling on citizens to keen and maintain banknotes in circulation." 

"the central bank has to declare a tender for the printing of new cash papers (small groups) with the global printing companies."   

Small groups are fine to begin to float, get the big one's off the street.

Replacement is common.

Currency gets worn out and it is the job of the CBI to replace to maintain integrity.

Especially when you are trying to build confidence. 

250, 500 etc are low enough the CBI probably thinks it also supports the transition as well.  
 

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6 hours ago, DinarThug said:

 

That’s How Bruce ‘Makes It Rain’ ! :o 

 

:D  :D  :D 

....Ol' Bruce is aimin' high...he just hasn't learned to turn around where the wind's at his back...:rake:

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