Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

jaykay

Members
  • Posts

    175
  • Joined

  • Last visited

Posts posted by jaykay

  1. Abadi: We are with the deletion of zeros is likely to begin replacement of the currency early in 2012

    Monday, September 12 / September 2011 10:06

    [baghdad - where]

    The head of the parliamentary Finance Committee, Haider Abadi, that with the deletion of zeros from the Iraqi currency as an important and necessary condition that the actions to be associated with a sound and correct.

    Predicted told all of Iraq [where] that "the start of the new currency to replace the beginning of 2012, wondering whether enough time remaining to the procedures associated with currency exchange, or will be extended period of time longer."

    Abadi said that "a number of precautionary measures have been discussed with the Central Bank because the replacement process be successful and correct."

    He said deputy state law that "one of the precautionary measures is that the currency is safer and less fraud because the old currency, and the percentage of fraud where a few, but the quantity was great Xu," The fraud case of an international and not without a state by as long as any fraud rings Valtzoar is in America, Britain and other countries. "

    And Abbadi, "The new currency will not reflect negatively on the inflation situation in the country and will be dealing with finance in Iraq, the easiest and best delete the zeros."

    He revealed that "the mechanism tends to replace the currency gradually and not all at once so as not to back the currency on our web site to the market again. Adding that" destruction of the old currency must be accompanied by strict measures to prevent the return of the old currency and the leakage to the market. "

    He noted that "the new place that will bring the process of replacing the new currency and destroying the old currency has yet been set."

    Abadi concluded his speech by saying that "the size of the Iraqi currency has become unreasonable and we are not the first country in the world to replace its currency, because many states have preceded us in this context, France and Turkey and others."

    And we are talking some time ago in the Iraqi media regarding the change of currency, and issuing a new currency, and is noted that there are changes will occur in the form of new Iraqi currency, including the removal of zeros, and the inclusion of the Kurdish language to the Arabic language in the currencies.

    There were conflicting reports on the feasibility of the deletion of zeros from the Iraqi currency, at a time which is regarded by some of the biggest financial corruption in Iraq because of money laundering is seen by many as the other comes in the framework of the currency reform of management system in preparation for the next phase. Ended 2

    http://alliraqnews.c...27-21&Itemid=86

  2. Let me start off by saying I own 3 businesses, so my bank rep is the president of the bank. About 4 months ago I mentioned to him that I had been investing in the dinar.

    He said he thought I was throwing my money away. Well, last week I was in the bank and out of no where he started talking about setting up special accounts for my new

    fortune (his words not mine). I said I thought you were a none beleiver and he said he had changed his mind. Just thought I'd pass this along. Patience, the blessing is

    coming.

    Go RVVVVVVVVVVVVVVVV

    Your right ..You wouldnt believe whay my banker told me..sit tight

  3. Since my wife got a new teaching job in Connecticut, we need some money to get our belongings from NY.

    I'll do the transfer through paypal. Once money is received, I'll SECURELY send it through the mail to you.

    ***The bills will all be 25,000 IQD and uncirculated.

    e-mail: bhorsley25@hotmail.com

    Thanks!

    How much

  4. This is not a "cookie cutter" situation here.

    Here is what I would suggest to you... Just read ONLY Iraqi News strait from the source in Iraq. If you have been in this investment long, you should know all the Iraq news sites especially in Baghdad. Put aside all the negatives and listen to what they are saying of late (Past month, but recent days especially). It will do you good to get away from sites with the "GURU's and "Intel", as well as the negative mis-information that has been passed around. If you are truly interested in understanding what is being said NOW (NOT past statements and political governmental info), I again would suggest to you to use Google Chrome (Translates on the fly) and go straight to the Iraqi news (In Country) and READ what they are saying.

    I respect your opinion, but you are also wrong in your thinking.

    Respectfully,

    GR

    Ghost rider, I could not agree with you more. He really is annoying sometimes with his LOP Bulls%4

    • Upvote 1
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.