ChuckFinley Posted September 17, 2018 Report Share Posted September 17, 2018 15 minutes ago, pokerplayer said: Thxs Chuck, and may I add that is why numerous people read your posts................your very positive attitude. pp Thanks there PP. Have to have a positive attitude with this investment, it can beat you down in a heart beat if you let it. 1 1 6 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted September 17, 2018 Report Share Posted September 17, 2018 14 minutes ago, Starrider said: We need more of that. Starr Thanks Starr we have a good group here. It is just need to hang on a little longer. 4 Quote Link to comment Share on other sites More sharing options...
Mary B Posted September 17, 2018 Report Share Posted September 17, 2018 Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency By Roudao 15 hours ago 6108 views Different categories of Iraqi currency Roudao - Erbil The governor of the Central Bank, Ali Alaak, on Monday, the existence of a plan to delete zeros from the local currency, noting that "this plan needs to deliberate steps, so as not to be exploited in the fraud." Al-Alak said in a statement to the official Sabah newspaper that "currencies with small categories, may lead the citizen to bid farewell to banks in the difficulty of storage." He added that "the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation in order not to be exploited in the work of fraud and others." He explained that "the Central Bank has a reserve of foreign currency very comfortable, approaching close to $ 60 billion, compared to 43 trillion dinars, which means that it covers 170 percent of the size of the mass of cash." On the launch of the currency of the category of 100 thousand dinars, the central bank governor pointed out that "these ideas are traded by the Central Bank, but at the present time regret it." The central bank introduced in April a project to delete three zeros from the currency, in order to confront inflation and stimulate the economy, but was forced to stop because of the deterioration of the security and political situation in the country "to prevent manipulation and fraud of weak souls." http://www.rudaw.net/mobile/arabic/business/170920181 1 9 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 17, 2018 Report Share Posted September 17, 2018 Thank you for the post pp. It’s fun to dream and what if!!! LMAO Thug. Too funny Star, I think I was fed a load once, but I was really drunk. Officiallytook, they’ve been telling us for years they were going to delete the zero’s. Still waiting. 1 1 2 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted September 17, 2018 Report Share Posted September 17, 2018 (edited) Thank you for the post pp. It’s fun to dream and what if!!! LMAO Thug. Too funny Star, I think I was fed a load once, but I was really drunk. Officiallytook, they’ve been telling us for years they were going to delete the zero’s. Still waiting. Still waiting for 10YL to post and you can bet it will be a doozy ! LOL I just love reading his posts when he is on a roll. pp Edited September 17, 2018 by pokerplayer 1 2 3 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 17, 2018 Report Share Posted September 17, 2018 Ten years is the best. Love his blunt, in your face, call it like he sees it style. 1 2 Quote Link to comment Share on other sites More sharing options...
Donziman Posted September 17, 2018 Report Share Posted September 17, 2018 Seeing as we all know Shabibi was rumored to want the delete the zeros project all the way back in 2010 i'm a little bit of a non believer. Has anyone thought that the CBI it's self may be the biggest pumper of all. I know in the past these kinds of stories bring up dinar sales and puts plenty of money into iraq as an INVESTMENT?? 1 3 4 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted September 17, 2018 Report Share Posted September 17, 2018 25 minutes ago, pokerplayer said: Thank you for the post pp. It’s fun to dream and what if!!! LMAO Thug. Too funny Star, I think I was fed a load once, but I was really drunk. Officiallytook, they’ve been telling us for years they were going to delete the zero’s. Still waiting. Still waiting for 10YL to post and you can bet it will be a doozy ! LOL I just love reading his posts when he is on a roll. pp 10YL you know he is going to have a good one.. lol 2 Quote Link to comment Share on other sites More sharing options...
gregp Posted September 17, 2018 Report Share Posted September 17, 2018 Grilling steaks and celebrating! Thanks PP!! 1 2 Quote Link to comment Share on other sites More sharing options...
nannab Posted September 17, 2018 Report Share Posted September 17, 2018 4 hours ago, pokerplayer said: MODS please move if already posted as I have not seen this yet pp Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency The governor of the Central Bank, Ali Alaak, on Monday, the existence of a plan to delete zeros from the local currency, noting that "this plan needs to deliberate steps, so as not to be exploited in the fraud." Al-Alak said in a statement to the official Sabah newspaper that "currencies with small categories, may lead the citizen to bid farewell to banks in the difficulty of storage." He added that "the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation in order not to be exploited in the work of fraud and others." He explained that "the Central Bank has a reserve of foreign currency very comfortable, approaching close to $ 60 billion, compared to 43 trillion dinars, which means that it covers 170 percent of the size of the mass of cash." On the launch of the currency of the category of 100 thousand dinars, the central bank governor pointed out that "these ideas are traded by the Central Bank, but at the present time regret it." The central bank introduced in April a project to delete three zeros from the currency, in order to confront inflation and stimulate the economy, but was forced to stop because of the deterioration of the security and political situation in the country "to prevent manipulation and fraud of weak souls." http://www.rudaw.net/arabic/bu...../170920181 Pokerplayer 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted September 17, 2018 Report Share Posted September 17, 2018 It just makes me think all publicity is good publicity as long as they are talking and not about war strife and everything else but prosperity, so let's get the good news flowing, Kuz I'm trying to ride that flow to the bank 2 5 Quote Link to comment Share on other sites More sharing options...
Starrider Posted September 18, 2018 Report Share Posted September 18, 2018 All this and no Negerator yet. PRICELESS. Starr 3 5 6 Quote Link to comment Share on other sites More sharing options...
jg1 Posted September 18, 2018 Report Share Posted September 18, 2018 (edited) 20 minutes ago, Starrider said: All this and no Negerator yet. PRICELESS. Starr You pushed me. Ehh, I took it back.👾 Edited September 18, 2018 by jg1 1 Quote Link to comment Share on other sites More sharing options...
southbeach Posted September 18, 2018 Report Share Posted September 18, 2018 5 hours ago, Starrider said: When Starr Just priceless here, lol 2 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted September 18, 2018 Report Share Posted September 18, 2018 (edited) "Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency" Not from the nominal value $0.00084 = $0.84 Not from the face value 25,000 IQD = 25 IQD CBI Governor is saying; "Delete zeros from LOCAL currency Delete zeros from local currency means to me that they're going to collect the 000 notes from inside Iraq .... This is why the CBI is so worry about the chunky cash and want the people to open banks account to deposit the 000 notes and get them out of circulation Go CBI Go Delete zeros from local currency Go RV Go $1:1 Edited September 18, 2018 by Laid Back 1 3 11 Quote Link to comment Share on other sites More sharing options...
navira Posted September 18, 2018 Report Share Posted September 18, 2018 2.83 dollar per dinar is the rate i came up with, provided it could cover 170 percent the size of the mass of cash. Cheers dvers 1 1 5 Quote Link to comment Share on other sites More sharing options...
navira Posted September 18, 2018 Report Share Posted September 18, 2018 Not too long ago, CBI announced that it could cover 160 percent...at that percentage...the rate is somewhere 2.6 dollar per dinar...it has now increased to 170 percent 6 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted September 18, 2018 Report Share Posted September 18, 2018 (edited) Wohhh .. that would be something 2.83 Edited September 18, 2018 by 6ly410 3 Quote Link to comment Share on other sites More sharing options...
navira Posted September 18, 2018 Report Share Posted September 18, 2018 X= the percentage it can cover the size of the mass of cash, 170% or 170/100= 1.7($/iqd) Lim ×(60/36)= 1.7(1.67)= 2.839 or 2.84 dollars per dinars X--->170% or 1.7 60/36 is the ratio of reserve of foreign currency over cash in circulation in dinars. 36 billion dollars(43 trillion dinars) 1 4 4 Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 18, 2018 Report Share Posted September 18, 2018 (edited) I just got home and can't believe what I'm reading! Did Ali al Alaq say they are going to delete 3 zeros from the currency? From the currency? Is that right? It can't be. Is that really what he said? From the currency? Oh no! I don't believe it. What? He's been saying the same thing for years? Are you kidding? Oh my! 😂😂😂 Edited September 18, 2018 by Floridian 3 2 Quote Link to comment Share on other sites More sharing options...
Floridian Posted September 18, 2018 Report Share Posted September 18, 2018 Some people think deleting 3 zeros from the currency means LOP! Ya know what? I don't think so and I never did. 2 1 2 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted September 18, 2018 Report Share Posted September 18, 2018 56 minutes ago, navira said: 2.83 dollar per dinar is the rate i came up with, provided it could cover 170 percent the size of the mass of cash. Cheers dvers 53 minutes ago, navira said: Not too long ago, CBI announced that it could cover 160 percent...at that percentage...the rate is somewhere 2.6 dollar per dinar...it has now increased to 170 percent Awesome thinking I'm with you on this one 2 3 Quote Link to comment Share on other sites More sharing options...
navira Posted September 18, 2018 Report Share Posted September 18, 2018 Officiallytook, thanks. Let's hope CBI rvs the iqd this month before they inject the lower denoms into the market next month 5 Quote Link to comment Share on other sites More sharing options...
3n1 Posted September 18, 2018 Report Share Posted September 18, 2018 2 minutes ago, navira said: Officiallytook, thanks. Let's hope CBI rvs the iqd this month before they inject the lower denoms into the market next month if u are thinking below the 250 note , Fils and coinage then without a increased currency value there would be no sense in the cbi rolling out Low Denom iqd , imo allot will happen at the same time much of it is contingent on something else for things to change and so on ... i'm a little confused though maybe someone can clear it up so is this a new article about the 3 zeros thats being discussed or a older cbi article ... all the best 7 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted September 18, 2018 Report Share Posted September 18, 2018 Governor of the Central Bank: Annih to put the category of 100 thousand dinars now and there are trivial delete zeros BAGHDAD (Reuters) - The central bank governor said on Monday that "there is a need to put a 100,000 dinar coin and that the reserve covers 170 percent of the local currency's mass ." "On the issue of the currency of the category of 100 thousand dinars, these ideas are traded by the Central Bank, but at the moment, there is a tendency in some countries to reduce the currency categories so as not to be stored or falsified," He said, adding that "currencies And the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to take deliberate steps, and a stable situation fully so as not to be exploited in the fraud and other. He added that "the Central Bank has a reserve of foreign currency is very comfortable within international classifications and is ahead of other countries, compared to the mass of cash offered by the local currency and the reserve is close to 60 billion dollars, compared to 43 trillion dinars, which means that it covers 170 percent of the size The monetary bloc, especially that the Arab Monetary Fund considers Iraq from countries that exaggerate the size of reserves of foreign currency because the size of cash reserves of foreign currency is always measured to the size of the cash mass of the local currency in the market, in addition to other international standards, especially that the Fund The International has recently developed a new standard added, the state's ability to cover trade and debt repayment. " Finished https://www.iraqpressagency.com/?p=285703 6 7 Quote Link to comment Share on other sites More sharing options...
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