drc85260 Posted February 2, 2012 Report Share Posted February 2, 2012 link: Read more: http://translate.goo...A#ixzz1lFYSNcDA 01-02-2012 | (Voice of Iraq) - Add a comment - BAGHDAD - The Euphrates News Praised the MP for the mass of the citizen Hussain Abtan, the central bank steps to delete the zeros of the Iraqi dinar, pointing out that these steps be a greater impact on the Iraqi economy in the event of a court established within the plan. Abtan said in a statement to the Euphrates News Agency {} that "the central bank steps to remove the zeros of the Iraqi dinar, a bold and would raise the exchange value of the dinar against the U.S. dollar." Iraq is working on a project to delete the zeros from the currency to facilitate financial transactions in the country with the country's openness to international markets and try to attract capital and investors to contribute to government efforts to rebuild the crumbling infrastructure as a result of decades of war and siege. Abtan said, that "the steps the bank will be the largest impact on the Iraqi economy and the lives of citizens in the event of an economic plan put in one of its components are the central bank." The CBI had announced earlier that the new Iraqi currency will increase by three zeros, indicating that he had conducted an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency. The MP said that he "can not load the bank's management responsible for the deterioration of the economic reality in the country, he is responsible for fiscal policy only." Read more: http://translate.goo...A#ixzz1lFYfzCfV Let's hope this means the deletion is from the .00087 rate to bring it op to $.87! Go Dinar! 1 1 Link to comment Share on other sites More sharing options...
alan_coaks_3 Posted February 2, 2012 Report Share Posted February 2, 2012 it means deletion of the zeros on the currency not the currency rate 8 18 Link to comment Share on other sites More sharing options...
jeepguy Posted February 2, 2012 Report Share Posted February 2, 2012 if it is currency . Then we break even. If they are going to beat the dollar they need this too be twice the number 1 Link to comment Share on other sites More sharing options...
BigJake Posted February 2, 2012 Report Share Posted February 2, 2012 When it said the "exchange value" I take that to mean the $ 00086. Which would become $ .86 4 Link to comment Share on other sites More sharing options...
JWJW11 Posted February 2, 2012 Report Share Posted February 2, 2012 it means deletion of the zeros on the currency not the currency rate Lol no it doesnt 7 2 Link to comment Share on other sites More sharing options...
jeepguy Posted February 2, 2012 Report Share Posted February 2, 2012 One past article c.b.I. states a 50 dinar note is equal too 43.oo dollars. 100 dinars. Then would be 86 dollars 1 million equals 860ooo thousand 3 Link to comment Share on other sites More sharing options...
alan_coaks_3 Posted February 2, 2012 Report Share Posted February 2, 2012 Iraq is working on a project to delete the zeros from the currency do you not understand what currency is. if they said the exchange rate it would be what you guys are saying 9 18 Link to comment Share on other sites More sharing options...
sirlep33 Posted February 2, 2012 Report Share Posted February 2, 2012 it means deletion of the zeros on the currency not the currency rate from the article posted, I do not see anywhere, where it states from the currency. 5 2 Link to comment Share on other sites More sharing options...
Mazzz27 Posted February 2, 2012 Report Share Posted February 2, 2012 Link to comment Share on other sites More sharing options...
alan_coaks_3 Posted February 2, 2012 Report Share Posted February 2, 2012 the central bank steps to remove the zeros of the Iraqi dinar, a bold and would raise the exchange value of the dinar against the U.S. dollar." Iraq is working on a project to delete the zeros from the currency to facilitate financial transactions in the country with the country's openness to international markets and try to attract capital and investors to contribute to government efforts to rebuild the crumbling infrastructure as a result of decades of war and siege. 8 6 Link to comment Share on other sites More sharing options...
Alex38 Posted February 2, 2012 Report Share Posted February 2, 2012 (edited) I thought there was a "LOP TALK" forum on here. Did they close it? Is it down for maintenance? If neither of the above, GO THERE MR. "I READ LOP IN EVERYTHING"... sheesh... back to the article: GREAT NEWS!!! the central bank steps to remove the zeros of the Iraqi dinar, a bold and would raise the exchange value of the dinar against the U.S. dollar." Iraq is working on a project to delete the zeros from the currency to facilitate financial transactions in the country with the country's openness to international markets and try to attract capital and investors to contribute to government efforts to rebuild the crumbling infrastructure as a result of decades of war and siege. and my response: "raise the exchange value of the dinar against the U.S. dollar" Edited February 2, 2012 by Alex38 7 5 Link to comment Share on other sites More sharing options...
zigmeister Posted February 2, 2012 Report Share Posted February 2, 2012 I thought there was a "LOP TALK" forum on here. Did they close it? Is it down for maintenance? If neither of the above, GO THERE MR. "I READ LOP IN EVERYTHING"... sheesh... back yo the article: GREAT NEWS!!! Mr. I read lop in everything! :lol: Link to comment Share on other sites More sharing options...
rockhound60 Posted February 2, 2012 Report Share Posted February 2, 2012 THERE SHOULD BE NO ZEROS LEFT BY NOW LOL! 4 Link to comment Share on other sites More sharing options...
alan_coaks_3 Posted February 2, 2012 Report Share Posted February 2, 2012 i would agree with you guys if there were to say Remove zeros from the Currency Exchange rate but it does NOT 9 12 Link to comment Share on other sites More sharing options...
sirlep33 Posted February 2, 2012 Report Share Posted February 2, 2012 Iraq is working on a project to delete the zeros from the currency do you not understand what currency is. if they said the exchange rate it would be what you guys are saying Yes, read more from other articles about this and you soon realize that they have been deleting the zero's.... they have been pulling them in to the CBI. This was phase I of their project, now moving onto phase II where they introduce the lower denom's and change the value of their money. Exactly when and how much is pure speculation. We all have opinions on this. Let's just hope it is like they have been stating for the last few months.... that they want to come in, at or around the dollar. 1 Link to comment Share on other sites More sharing options...
Alex38 Posted February 2, 2012 Report Share Posted February 2, 2012 i would agree with you guys if there were to say Remove zeros from the Currency Exchange rate but it does NOT and my response... maybe ya missed it::: "raise the exchange value of the dinar against the U.S. dollar" 7 4 Link to comment Share on other sites More sharing options...
Alex38 Posted February 2, 2012 Report Share Posted February 2, 2012 Abtan said, that "the steps the bank will be the largest impact on the Iraqi economy and the lives of citizens in the event of an economic plan put in one of its components are the central bank." The CBI had announced earlier that the new Iraqi currency will increase by three zeros, indicating that he had conducted an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency. The MP said that he "can not load the bank's management responsible for the deterioration of the economic reality in the country, he is responsible for fiscal policy only." OK now what? hahahahahahaha... exactly. These people have "REVERSE OKIE SYNDROME".... sad. 3 3 Link to comment Share on other sites More sharing options...
Mazzz27 Posted February 2, 2012 Report Share Posted February 2, 2012 Deleting the zeros off the face notes will make the exchange rate .86 IMO not good for us. we just want them to delete the zeros off the exchange rate. i like the zeros on my notes. 2 Link to comment Share on other sites More sharing options...
Carrello Posted February 2, 2012 Report Share Posted February 2, 2012 Thank you for the post, drc. More good news in writing! Link to comment Share on other sites More sharing options...
alan_coaks_3 Posted February 2, 2012 Report Share Posted February 2, 2012 Lifting , remove , delete all mean the same thing. 3 2 Link to comment Share on other sites More sharing options...
NWGUY Posted February 2, 2012 Report Share Posted February 2, 2012 the central bank steps to remove the zeros of the Iraqi dinar, a bold and would raise the exchange value of the dinar against the U.S. dollar." Iraq is working on a project to delete the zeros from the currency to facilitate financial transactions in the country with the country's openness to international markets and try to attract capital and investors to contribute to government efforts to rebuild the crumbling infrastructure as a result of decades of war and siege. Hey my dinar brother.....there is no one here, that doesn't think that they are going to redenominate, and take zero's off the currency, and that will happen over the next 2 years, as many articles have stated. This is just another of their confusing articles, that they troll past us! Just don't bite! They will RV, and then introduce the new currency over the next couple of years, and then eliminate the zero's that way. JMHO, but seems to be the general concensus, by many here on DV. I have confidence in this site, and will stay optimistic! Go RV!!! 4 Link to comment Share on other sites More sharing options...
cbs71 Posted February 2, 2012 Report Share Posted February 2, 2012 And if some of you think that the CBI is going to just magically spell out every detail in their plan, then you have another thing coming.... I am almost sure that there are things happening behind the scenes as we speak..... 1 Link to comment Share on other sites More sharing options...
rockinrich Posted February 2, 2012 Report Share Posted February 2, 2012 their just bringing in the notes with 3 zeros on them and then they will raise the value of the new notes maybe a little higher than one usd.They are not deleting crap!! 3 2 Link to comment Share on other sites More sharing options...
Darin Posted February 2, 2012 Report Share Posted February 2, 2012 Iraq is working on a project to delete the zeros from the currency do you not understand what currency is. if they said the exchange rate it would be what you guys are saying Okay, so let them delete the 3 zeros from the 3 zero notes so they're worth 1,000 times less. Hmmm like that wouldn't cause any riots or something LOL Link to comment Share on other sites More sharing options...
Alex38 Posted February 2, 2012 Report Share Posted February 2, 2012 Lifting , remove , delete all mean the same thing. Hey everyone!! He's on OUR SIDE NOW!!!! SAWEEEET!!!! Welcome!! Link to comment Share on other sites More sharing options...
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