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

bostonangler

Members
  • Content Count

    9,250
  • Joined

  • Last visited

Posts posted by bostonangler

  1. CBI confirms the deletion of zeros and the currency exchange in 2013

    September 24th, 2011 07:59 am · Posted in NEWS (Iraq & World Currency)

    Deputy Governor of the Central Bank of the appearance of Mohammed Saleh

    Central Bank of Iraq, Saturday, that in 2013 will delete the zeros and the currency exchange, pointing out that the current currency formed a cluster of large cash estimated at 30 trillion dinars.

    The deputy governor of the Bank the appearance of Mohammed Saleh said in an interview “of the Sumerian News”, ” central bank’s strategy of deleting three zeros and the currency exchange will be at the beginning of a new year and new budget for the Iraqi state, “expected to” be the currency exchange in the new fiscal year for 2013. “

    Saleh added that the “zeros added to the currency led to the deterioration of the currency in Iraq, which led to the weakness in the efficiency of monetary exchange, “noting that” what you are suffering monetary institutions of Iraq at the present time of the errors in the accounts and records of returns caused by the high number of currency that are difficult to read. “

    Saleh indicated that “the Iraqi currency current formed a cluster of large cash and up to 30 trillion Iraqi dinars while the number of securities traded in the market to four trillion paper after it was mass cash amounting to 25 billion dinars in 1980, “explaining that” the greatest currency in Iraq at the present time is equal to $ 21 and are not able to cover Payments large.

    ” Salih stressed that “the process of deleting the zeros and the currency exchange is the process of administrative reform of the currency of the Iraqi monetary and therefore does not affect the lifting of the value of things or change the per capita income of Iraq,” adding that “fear of people from the deletion of zeros is the fear psychologically, as the process of deleting zeros and the currency exchange have been applied in 53 countries, including Turkey when he deleted six zeroes from the currency and Romania, which omitted four zeros. “

    He was an adviser to Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge, said in a (25 August 2011), to raise zeros from the currency is the biggest corruption in the Iraq if it was during this period, and fall under the name of tampering with the economic, warning of “mafias currency” is preparing to rig the trillion Iraqi dinars to replace them in the light of the planned changes.

    accused the Central Bank of Iraq, in the twelfth of September, the current, government agencies of obstructing monetary reform and vowed to sue, loaded with the bodies responsible for endangering the interests of the country’s financial risk.

    In the view of some economists that Iraq is poised at the present time to delete the zeros of the Iraqi dinar, noting that the deletion of zeros needed to stabilize the security and political as well as economic stability.

    and declared Iraqi Central Bank Governor Sinan Shabibi , during a meeting of independent bodies with Prime Minister Nuri al-Maliki held in (June 19, 2011), his willingness to create all the supplies to replace the Iraqi currency.

    The Iraqi Central Bank was established as a bank independent under the law issued on the sixth of March of 2004, as an independent body and is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and management of foreign reserves and the issuance of currency management, as well as regulate the banking sector to promote a competitive financial system and independently.

    LINK

    Sorry I didn't see it was alreday posted

  2. Waeli confirms that the security ministries will be decided next week

    September 10th, 2011 06:13 pm · Posted in NEWS (Iraq & World Currency)

    MP for the National Alliance Shirwan Waeli Saturday***** that next week will see

    the naming of the security ministries, *****while the detection of the

    nomination of the Alliance for the interior ministry,***** he noted that the

    names of nine by the Iraqi List to fill the defense portfolio *****scrutinized

    now by the President Minister.*****

    Waili said that “the security ministries

    of the important ministries as they are a hot, a security file and is the first

    threat of a draft of the Iraqi state, which caused a problem and a node in this

    matter,” expected to “witness the coming days, an initiative of the President to

    resolve this problem.”

    He Waeli that***** “node security ministries will be

    the first decade of political *****will next week because there is a need and an

    urgent need***** to find a minister security,”***** noting that “the Iraqi List,

    presented candidates to accept one of them, *****whether military or civilian

    applicants As for the National Alliance,***** there are no Bmarchah a big

    problem for the internal. “*****

    The Waeli that “there are the names of

    figures provided by the Iraqi List to fill the defense portfolio is respectable,

    and are now scrutinizing by the Prime Minister-class basis to be agreed upon by

    all the lists,” adding that “the National Alliance, nominated me for the post of

    Minister of the Interior, as the task of the Ministry of the Interior the task

    of difficult, complex and sensitive in this circumstance that Iraq is going

    through. “

    LINK

    • Upvote 1
  3. Okay I've been reading, living, dreaming about the RV for nearly two years. . . Yes I've read the news, the rumors, the intel. I've listened to the gurus, the grounded ones and the ones who only post when they feel their info is straight from the horses mouth.... I've read the facts, the fiction, the boots on the ground and even read those who try to work the astrological calendars into the equation. And the thing that always rings through at the end is the common statement, the usual sentiment , the everlasting expression of eternal optimisim of the common man's cry.... GO RV.... Well it hasn't worked.... So from this day forward I will end my statements, my expressions of opinion, my out-cry tp fellow Dinaraholics with the new use of reverse psychology......... Yes, from this day forward I will try to reverse the curse, I will try to physic out the powers at work with the rebel yell..... DON'T GO RV!!!!!!!!!!..... Okay I think I'm ready for another mai-tai..... DON'T GO RV... DON'T GO NEW CAMARO.... DON"T GO CHANGE THE UNIVERSE..... DON'T GO RV....... There maybe that's what we should have been saying from the beginning.......

    B/A

    www.2012aworldevent.com

    P.S.

    Buy a tee-shirt..... I need to buy some more Dinar!!!!!!

  4. Explain how these numbers are bad.... Thanks

    2001 — 1 U.S. dollar = 1,650,000 lira

    2004 — 1 U.S. dollar = 1,350,000 lira

    2005 — 1 U.S. dollar = 1.29 new lira (The use of New Turkish Lira, which drops 6 zeros from the currency Turkish Lira, was implemented in 2005)

    2007 — 1 U.S. dollar = 1.26 new lira

    2008 — 1 U.S. dollar = 1.55 new lira

    2009 — 1 U.S. dollar = 1.48 new lira

    2010 — 1 U.S. dollar = 1.44 lira (Turkish Lira and New Turkish Lira were used together in 2005. In 2010, the name was converted to Turkish Lira, but New Turkish Lira was used as currency until 31 December 2009)

  5. Sorry there are a couple of bad typos... Let's try again...

    Explain to me how a LOP works. If I'm selling a bushel of apples to Iraqis for $5.00 and right now I get paid about 5,000 Dinar. My apples are not going down in price. Will the Iraqi people pay 5,000 1 Dinar notes? Or 500 10 Dinar notes? How does this make transactions easier? Now imagine this with something that costs hundreds of dollars like a computer or thousands of dollar for machinery or imported cars and trucks. I just don't see how dropping zeros and lopping makes sense. Importers are not going to reduce the price of products and more importantly, what good is their money if you cannot spend it out of the country? Seriously how can lopping work with world trade..... Thanks

  6. Explain to me how a LOP works. If I'm seeling a bushel of apples to Iraqis for $5.00 and right now I get paid about 5,000 Dinar. My apples are not going down in price. Will the Iraqi people pay 5,000 1 Dinar notes? Or 500 10 Dinar notes? How does this make transactions easier? Now imagine this with something that costs hundreds of dollars like a computer or thousands of dollar for machinery or imported cars and trucks. I just don't see how dropping zeros and lopping makes sense. Importers are not going to reduce the price of products and more importantly, what good is their mondy if you cannot spend it out of the country? Seriously how can lopping work with world trade..... Thanks

×
×
  • Create New...

Important Information

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