dboner

I would enjoy seeing a photo of this 25 dinar note that is of current denomination, as the CBI has a 25 Dinar coin on their web page http://www.cbi.iq/index.php?pid=Banknotes

No rv is necessary they can use existing SDR's from previous loans or purchase SDR's from other countries and repayment is not that large an amounts

The only person that knows and will announce will be Shabbs from CBI

Don't know if smokescreen but sourse seems genuine Date: Mon, 15 Mar 2010 08:20:51 -0500 UPDATE: Iraq Ctrl Bank Plans To Rebase Dinar; No Time Fixed Yet rocky Today at 7:38 am UPDATE: Iraq Ctrl Bank Plans To Rebase Dinar; No Time Fixed Yet Monday, Mar 15, 2010 (Adds more quotes, details.) By Hassan Hafidh Of DOW JONES NEWSWIRES AMMAN (Dow Jones)--The Central Bank of IraqCentral Bank of Iraq is planning to rebase the Iraqi dinar but hasn't decided yet on the timing of the move, the bank said in a statement Monday. "The Central BankCentral Bank affirms its commitment to its strategic projects, particularly knocking three zeroes from the Iraqi dinar," the statement said. http://www.zawya.com/marketing.cfm?zi&p=/Story.cfm/sidZW20100315000097/iq/ Ctrl Bank Plans To Rebase Dinar?cc "Despite the technical and logistical preparations for the project we have yet to decide on suitable timing to implement the project," it said. Choosing a suitable time wouldn't be linked to economic aspects only, but rather to the security situation as well, it added. Separately, the bank's senior advisor Mudher Qasim told Dow Jones Newswires that knocking off the three zeroes would improve the value of the Iraqi dinar which is trading Monday IQD1,170 against one US dollar. If the rebase decision is taken it means a current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars. The bank said that knocking off three zeroes from the dinar would "improve management of the currency and facilitate cash dealing." The decision was the result of debate with the economic commission at the Iraqi cabinet, it added. Currency rebasings are usually monetarily neutral and are introduced to make commercial calculations easier and cheaper. Turkey, for example, knocked six zeroes off its lira currency in 2005. Russia did the same for its currency. Qasim said one of the reasons for rebasing the Iraqi dinar is because the bank has managed to reduce the country's high rate of inflation. The inflation rate fell to 6.1% in December 2009 from a record high of 60% in late 2006. In July 2004, the now dissolved U.S. civilian authority in Iraq decided to print the current Iraqi banknotes replacing those that used to bear the picture of the former Iraqi leader Saddam Hussein. Iraqis then had three months to swap their old dinars with the new ones. The central bank's advisor said that if the project was implemented the central bank would need to print new banknotes. - By Hassan Hafidh; Dow Jones Newswires; +962 799 831 831; hassan.hafidh@dowjones.com Copyright © 2010 Dow Jones & Co. (END) Dow Jones Newswires 15-03-10 1036GMT

Why do we have these sort of posts that have nothing what so ever to do with dinar on a dinar site?

I believe it is possible, but if they want to have their currency internationally recognized not realistic.

I find it strange that prior to xmas Iraq was requesting that C7 was to be reinstated and now we have this complete about face!

Why are we being forced to do this to view the chat and have to suffer a lot of space wasting posts whats it accomplish?

He as some interesting posts, would like one to be cash in!

The longer the wait, the more enjoyable the prize.

Cash in and then sit back and access my situation

things are changing on this site

Great kicker to get oil leases

I find it strange how all these so called experts who will loose their jobs if wrong have got it wrong so many times, yet still retain their jobs!

Here to find out what is happening had dinar over 4 years. Thanks