[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

11 hours ago, climber7 said:

 

 

BUMP

 

Laid back? Synopsis? Anyone? 

Yes but not like a jaggernaut an rv will bring

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

11 minutes ago, moneysoon said:

 

Watch this play out... The proposed changes to the currency design namely, the images/signature is telling. The proposed changes to the Dinar is in response to a present problem or alleviating a potential problem in the future. I will comment later as I try to find the articles from years ago that dealt with discussions on the Kurdish Language being added.

 

In different article someone opined about the De La Rue system that is being utilized. The discussion of the use of the De La Rue printing system is irrelevant when it comes to a real counterfeiter. Especially , when you think about the value of what is to come, Counterfeiting remains a major possibility every time there is a currency modification or a currency remains unmodified for a long period of time. The United States continues to have counterfeiting issues, go figure??? The real story about this issue may arise during the discussion of adding the Kurdish Language.  My belief is that the discussion found there will allow us to "mirror read" the real problem as to why the currency is being modified.

The 50,000 notes have the kurdishlanguage on them. I’m guessing they want the language to appear on all the denominations 

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

6 minutes ago, 10 YEARS LATER said:

My god what a fracking Soap Opera.

 

Wonder when the FIRST Container Ship arrives with a whole damn shipment of nothing but Billions of Snickers Chocolate Bars ?

PMSL and in the words of sandfly (anyone seen him) THANKS !

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

Thanks Beautiful dream and thugster keep the news coming. 

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

21 minutes ago, Laid Back said:

I thought the main goal of the CBI was to control inflation and reduce the note count

in the local market from 4 billion notes to 1 billion notes.

 

Now the CBI has a plan to release more 000 notes to the market 25k, 10k, 5k, 1k, 500

notes.... why?.... This will increase the note count......The CBI is worried in how to collect 30 trillion in chunky cash stashed under the mattress, and now they are planning to release more 000 notes... it doesn’t sound logical to me.

 

Can somebody give me a logical explanation about the new 000 they want to

release to the market?

 

The 000 notes (2003 edition) we hold already have the latest security features.

 

I remember somebody told me that we will see a lot of misinformation when

we are closer to an increase of the dinar exchange rate.

 

just my humble opinion 

 

 

 

 

 

You might be onto something - seems the news is all het up with this signature issue on the new currency. Keep the audience distracted whilst you enact the real plan. I so hope so 

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

Thugster your awesome

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

What an amazing thread let’s keep it that way thanks newshounds 

[CBI News 10/07/2018]

27 minutes ago, Floridian said:

 

The 50,000 was issued as new, not very long ago.  I would not expect another 50,000 to be issued.

the rest of the series have had new editions also with the plastic strip down it.

[CBI News 10/07/2018]

3 minutes ago, Floridian said:

How come there's no new 5,000 note?

 

  "The Central Bank of Iraq issued its second edition of the banknotes of the categories of (25000, 10000, 1000, 500, 250) dinars, stressing that he will continue trading circulation of cash currently traded from the above categories with the new categories without any intention to withdraw from circulation."

No new 50,000 either buddy

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

1 hour ago, Botzwana said:

I thought you said 2 or more years...NOW you are excited?  Geez dude come on.   Like Oprah...she´s fat she´s thin she´s fat she´s thin.  Pick a body and go with it already!

That's a friend that told me two years and I take his word as pretty good. However no one in this investment has been right and I keep an open mind. The current news is exciting but I very much doubt they will rv this year-I hope im very wrong on that and please can I get excited

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

38 minutes ago, DinarThug said:

 

LINK

Central Bank: Our Fiscal Policy Has Reduced The Impact Of The Crisis Of The Neighboring Economic Countries On Iraq

 

 

6th October, 2018

The Central Bank of Iraq (CBE) has succeeded in its fiscal policy in reducing the repercussions of the economic crisis in neighboring countries on Iraq, Iraqi Central Bank spokesman Issar Jabbar said Saturday.

Jabbar said that "the financial policy adopted by the bank relied on the provision of sufficient reserves of foreign currency and reduce the effects of foreign currency and the introduction of currencies to rival the dollar, which gave concrete results," noting that the policy pursued strategy to save the economy of the country in the long term.

Jabbar said that the reserve of the Central Bank of Iraq from foreign currency currently amounts to 60 billion dollars, and covering 170% of the size of the mass of the local currency, in addition to 89 tons of gold.

For his part, economic expert Mohammed Abdul Rahman said in his private speech (conscious) that "in 2018, the price of oil exceeded the $ 66 in the year of the year, up to now $ 85, which led to a surplus helped the state to reduce the debt And the lack of withdrawal from the assets of the Central Bank, "noting that" the strength of the balance of the Iraqi Central Bank and the stability of the currency will be reflected positively on the Iraqi economy and not affected by damage to the economy of neighboring countries.

Awesome thugster thanks the news is getting exciting 

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

6 hours ago, DinarThug said:

From Delta ...

 

 

NEW........... OUT AS OF THURSDAY......... 250.. 500.... 1000

 

 

DELTA

 

Anyone buying ? I prefer the larger denoms like the 50000 and 25000 notes

[Iran grants 5-year residency to investors $250,000]

I think I would rather catch syphallis and stick pins in my eyes than become a resident of Iran.!!!!

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

https://www.almuraqeb-aliraqi.org/2018/10/03/117745/

 

hope that helps

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

1 hour ago, DWS112 said:

100 thousand dinar notes are coming!

That’s what my Middle Eastern friend reckons and is expecting it within 6 months. I l don’t know what to believe except that one day the RV will happen 

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

5 minutes ago, gregp said:

Great article!

 Thanks, DB!

I can’t take credit for it as I kinda nicked it from elsewhere but yes it’s a good one. IMO we need to see loads of deletion of zeros before they do it with some sort of education program on the new notes 

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

10 minutes ago, cranman said:

Yeah well, their plan is not aligning with my plan.  I planned to be out of this years ago.  Much, much richer though.   The best laid plan of mice and men often go awry. 

Patience investing Iraq takes drinking tea - from an old article lol

[Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros]

Trish in the category of 100 thousand dinars Central Bank: We plan to restructure the Iraqi currency, including the deletion of zeros

2018/10/03 9:29 am

Revealed the Governor of the Central Bank of the existence of a plan for the future restructuring of the Iraqi currency, including the deletion of zeros, while the bank is currently defrauding the issue of the currency of the category of 100 thousand dinars. 

The governor of the Central Bank Ali Al-Alaq: The idea of putting the currency of the category of 100 thousand dinars traded by the Central Bank, but at the moment to delay them, indicating that there is a tendency in some countries to reduce the currency categories so as not to be stored or falsified. 

He continued: The currencies of small groups, may lead the citizen to bid farewell to banks for the difficulty of storage, revealing that the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to consider steps, and a stable situation fully so as not to Exploit this in the work of forgery and others. 

The Central Bank of Iraq also announced the abolition of the requirement of appointing the director of the intermediary companies. 

The bank said in a brief statement that based on the decision of the board of directors of this bank No. (114) for the year 2018, it was decided to cancel the condition of owning shares in the company for the purpose of appointing the director of the brokerage companies to sell and buy foreign currency. 

While the Central Bank of Iraq announced that it was officially exited from the list of sanctions imposed by the European Union, during the era of the regime buried. 

The bank said in a statement that the Brussels move, published in the official newspaper of the European Union, confirmed the abolition of sanctions imposed on this bank under the former regime. 

The European sanctions provide for the prohibition of dealing with a group of Iraqi financial and non-financial institutions, including the Central Bank of Iraq. 

The Central Bank of Iraq that this development came after making significant progress in improving the performance and application of international regulations and standards in the banking field. 

He added: Under these recent amendments will allow the international financial banking institutions to deal with the Central Bank of Iraq, in accordance with the new instructions, because it has become a reliable financial institutions to deal with European international institutions. 

The Central Bank denied the circulation of the $100 for the previous editions of the pre-2006 publications, pointing out that rumors in this regard fall within the category of market speculation. 

"The bank is trading all categories of the dollar and all previous editions even before 2006," said Mahmoud Mohammed Dagher, general manager of the Department of Financial Operations and Public Debt Department at the Central Bank. "The circulation of $100 for the pre-2006 period is far from Indeed". 

He added that "the bank does not reject a specific category or edition of the dollar, unless it is forged, "noting that" 

the non-circulation of some citizens and banking offices of the old issues, back to the Iraqi market and the bank has nothing to do with it. 

He pointed out that all the neighboring countries of the Turkish and Jordanian markets are dealing in dollars without account of the categories or editions of the opposite market in Iraq. 

Some owners of Iraq's banking offices refuse to buy the $100 category from pre-2006 issues and return $1 notes to their owners.

https://www.almuraqeb-aliraqi.org/2018/10/03/117745/
 

[Today...New IQD Rate Will Be Made Public Globally.]

Im getting to old for this

[News quoted by Frank sounds that small denoms are being distributed]

Sales of franks Iraqi Dinar must be down let’s spread lies and get people to buy. What’s a complete to$$€&

[Report: Saudi Arabia seizes 48% of foreign currency reserves for Arab countries]

DELETE THE ZEROS make every Dinar equal to one dollar then float from there so that we reach at least 3 dollars to one Dinar. I’m a firm believer that Iraq will reach over $3 per Dinar. I just wish I knew when lol

[Report: Saudi Arabia seizes 48% of foreign currency reserves for Arab countries]

This thread has taken a nose dive - any chance we can get back to the issues of delete the zeros instead of arguing over religion. All religion is evil in my book and all religions have caused atrocities throughout today and history. I believe in GOD but I say stick religion where the sun don't shine

[RV 2019 or Beyond?]

3 hours ago, lmb4321 said:

DV...with all due respect...i disagree on the 2 year timeline....

but hey I could be wrong......👌

I hope your right I am in a good position but could do with not having to work ever again. I’m  40 was kinda hoping I would be a multi millionaire before this age. Ah well go rv !!!!!

[RV 2019 or Beyond?]

I will never throw the towel in with the Dinar - one I thing I know and from experience- no one knows if or when this will happen. Even if I knew Donald trump and he told me tomorrow I would take it with a touch of salt. Btw he is alright isn’t he mr trump- the more I see him in action the more I am getting to like him. I said a few harsh words about trump in the past- I was the idiot

[RV 2019 or Beyond?]

My opinion is no RV until a massive education program to the Iraqi people. How long for that to take - I need a clairvoyant