Central Bank of the process of finalizing the draft

[Reverse-Pumper]

http://iraqidinarchat.com/viewtopic.php?f=12&t=2386

Palm - Central Bank of Iraq, Tuesday, that he is about to finish the project raise three zeros from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and House of Representatives completed the event.

The central bank adviser said the appearance of Mohammed Saleh during the permit media that the project raise three zeros from the dinar is a strategic project and the Central Bank is in the process of finalizing the project, the idea of ​​theory into practice, and almost completed, and submitted to the Council of Ministers and House of Representatives.

Saleh continued that this project will reduce the transaction costs and reduces carry cash, he said, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raises the value of Iraqi dinar.

The adviser to the CBI that the bank has achieved three things during the last stage, as the first to build reserves from zero to $ 50 billion, within the past five years to lower the prices of inflation basis from 34% to 4 or 3%, and achieved stability in the Iraqi dinar exchange.

He was adviser to the CBI the appearance of Mohammed Saleh, said in an interview earlier the bank's readiness to delete the zeros of the Iraqi currency, pointing out that those zeros that were added to the Iraqi currency during the last period formed a cluster of large cash amounted to 27 trillion Iraqi dinars.

On the other hand, revealed adviser to the CBI, that Iraq login for the first time a system of payments between banks has been the transition to electronic clearing away from the manual and engaged in by six banks and the exchange of instruments between banks electronically and will connect the smart card and credit system with the central bank.

Continued by saying that the central bank would be three years after the so-called Council of payments, which sets the protocols is the infrastructure of Iraq.

Previously, specialists Iraqis in the field of economics that have reduced the impact of the CBE to delete zeros from the currency purchasing power of the Iraqi dinar, also hopes the government from behind the move, and believes researchers that the cost of raising the zeroes will be the biggest of its usefulness, given that the currency's strength is measured by the stability of disbursement which is based on the strength of the productive sector is able to provide goods and services.

http://www.nakhelnews.com/pages/news.php?nid=6967

[Maggie123]

"Saleh continued that this project will reduce the transaction costs and reduces carry cash, he said, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raises the value of Iraqi dinar."

Sure doesn't sound like a lop to me!

What do you think Stryker? I see you reading this and can't wait to hear. Cheers!

Thanks for bringing it in Reverse-Pumper!

Edited February 17, 2012 by Maggie123

[fnbplanet]

GREAT!

[Maggie123]

"The central bank adviser said the appearance of Mohammed Saleh during the permit media that the project raise three zeros from the dinar is a strategic project and the Central Bank is in the process of finalizing the project, the idea of ​​theory into practice, and almost completed, and submitted to the Council of Ministers and House of Representatives."

Love This Part Too! It's All Good!

[Laid Back]

1:1 I like it

[thegente]

Nice!! thanks for bringing this over...bout time they are talking about actually getting the show on the road....

[JustNTime]

http://iraqidinarcha...php?f=12&t=2386

Palm - Central Bank of Iraq, Tuesday, that he is about to finish the project raise three zeros from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and House of Representatives completed the event.

The central bank adviser said the appearance of Mohammed Saleh during the permit media that the project raise three zeros from the dinar is a strategic project and the Central Bank is in the process of finalizing the project, the idea of ​​theory into practice, and almost completed, and submitted to the Council of Ministers and House of Representatives.

Saleh continued that this project will reduce the transaction costs and reduces carry cash, he said, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raises the value of Iraqi dinar.

The adviser to the CBI that the bank has achieved three things during the last stage, as the first to build reserves from zero to $ 50 billion, within the past five years to lower the prices of inflation basis from 34% to 4 or 3%, and achieved stability in the Iraqi dinar exchange.

He was adviser to the CBI the appearance of Mohammed Saleh, said in an interview earlier the bank's readiness to delete the zeros of the Iraqi currency, pointing out that those zeros that were added to the Iraqi currency during the last period formed a cluster of large cash amounted to 27 trillion Iraqi dinars.

On the other hand, revealed adviser to the CBI, that Iraq login for the first time a system of payments between banks has been the transition to electronic clearing away from the manual and engaged in by six banks and the exchange of instruments between banks electronically and will connect the smart card and credit system with the central bank.

Continued by saying that the central bank would be three years after the so-called Council of payments, which sets the protocols is the infrastructure of Iraq.

Previously, specialists Iraqis in the field of economics that have reduced the impact of the CBE to delete zeros from the currency purchasing power of the Iraqi dinar, also hopes the government from behind the move, and believes researchers that the cost of raising the zeroes will be the biggest of its usefulness, given that the currency's strength is measured by the stability of disbursement which is based on the strength of the productive sector is able to provide goods and services.

http://www.nakhelnew...ws.php?nid=6967

Can you say WOW?

he is about to finish the project raise three zeros from the currency

and this will impact on the development and raises the value of Iraqi dinar (turning flips)

Get your party outfits ready!

Talk about smoke clearing....

Edited February 17, 2012 by JustNTime

[Patriotic_mess]

I think that any bills presented to parliament that pertain to this subject will be quietly passed and not published through any of the press reports that we see. "Soon" may be sooner then we think!

edit:

"Saleh continued that this project will reduce the transaction costs and reduces carry cash, he said, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raises the value of Iraqi dinar."

Sure doesn't sound like a lop to me!

I agree!

[Alex38]

F@*#&$^#& SAWEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEET!!!!!!!!!!!!!!!!!!

[Maggie123]

"Central Bank of Iraq, Tuesday, that he is about to finish the project raise three zeros from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and House of Representatives completed the event."

It just hit me like a 2x4... CBI is Shabs and we have always known that this was his call right?

"The project is considered strategic" ... so maybe all he needs to do is submit his plan and THAT completes the event!

Ok with that thought I'm getting out my bright red happy dancing shoes right now!

[LS1Hawk]

Can you say WOW?

he is about to finish the project raise three zeros from the currency

and this will impact on the development and raises the value of Iraqi dinar (turning flips)

Get your party outfits ready!

Talk about smoke clearing....

This just made my Vodka and Orange Juice Taste like a Perfect Vodka and R-Fricken V eeeeeeeeeeeeeee!

[J769]

Boy, are you guys in for a surprise.

[Stryker365]

Thanks Reverse-Pumper for the article,

noting that the project is considered strategic,.....boy I believe it's strategic, you guys have fold us that's for sure

and submitted to the Council of Ministers and House of Representatives.....how many times are they going to submit the plan to them, something tells me that they already have and this is the time...

Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raises the value of Iraqi dinar......let’s see last year their target was to reach 3 million barrels by the end of 2011, I read that they did get it there and around September they said they were adding right at 500,000 barrels per month to their production. I kept track and sure enough they did exactly that and end up with the 3 million like they said but now they are on the verge of producing 6 to 12 million barrels of oil, is it 6 or 12, I can understand them saying 6 to 7 barrels but 6 million barrels is a wide spread either this writer is an idiot or this is an example of smoke...

CBI that the bank has achieved three things during the last stage,...good

first to build reserves from zero to $ 50 billion,...well we know this is wrong I have read and have posted that they have stated the reserves are 80 or 90 billion USD worth and I think they are larger than $100 billion myself..nawty1 said the same thing and I like the fact that he is a Professor of Economics

within the past five years to lower the prices of inflation basis from 34% to 4 or 3%,...I like this but again I thought the inflation was much higher than 34% back then but we can live with this...

and achieved stability in the Iraqi dinar exchange.....we know this too well and we believe the 4 pip's to be a test of the system..IMO

that those zeros that were added...27 trillion Iraqi dinars....well this IMO has been reduced to an amount that no one knows the truth too. But there was an article 5 months ago that said it was down to 4 trillion and some articles that state they want it down to 15 billion. Now these numbers are what they are going to need to be covered by the CBI reserves not what you and I hold on too, these amounts will never see the CBI so will not need to be covered by the CBI reserves...traded from speculator to speculator or traded off between countries debt or oil..

electronically and will connect the smart card and credit system with the central bank....this tells us that all systems are go...

currency's strength is measured by the stability of disbursement which is based on the strength of the productive sector is able to provide goods and services....folks a countries currency is based a lot of what the world believes a countries currency is worth…perception of value and I believe this country to have the largest wealth in the world based on my research and I have read that Shabibi believes the way I do as well...

This was my late night or early morning breakdown, damn they need to get this over with so I can get more than 3 hours of sleep at a time....we are there my friends the pieces to the puzzle are on the table in are in place, we should all see the puzzle by now...see your typing in the morning folks. What a Ride.. ...

Boy, are you guys in for a surprise.

And we look forward in seeing our surprise...have a nice night..

"Central Bank of Iraq, Tuesday, that he is about to finish the project raise three zeros from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and House of Representatives completed the event."

It just hit me like a 2x4... CBI is Shabs and we have always known that this was his call right?

"The project is considered strategic" ... so maybe all he needs to do is submit his plan and THAT completes the event!

Ok with that thought I'm getting out my bright red happy dancing shoes right now!

Maggie and I will be glad to dance with you if you would be so nice into letting me...nice breakdown Maggie..

Edited February 17, 2012 by Stryker365

[KiaKaha]

Thanks for bringing this over, Reverse Pumper!

Thanks for the explanation, Stryker! Sweet dreams... Here's hoping you can get a long & decent night's sleep soon... OUR soon, not Iraq's!!!

KK

[wavggg]

The adviser to the CBI that the bank has achieved three things during the last stage, as the first to build reserves from zero to $ 50 billion, within the past five years to lower the prices of inflation basis from 34% to 4 or 3%, and achieved stability in the Iraqi dinar exchange.

I think he's sayiin' its an RD with subsequent RV

I'm still hoping for a straight RV

Gettin my head and wallet prepared for either...

+1 pal for the find

gg

Edited February 17, 2012 by wavggg

[Maggie123]

Maggie and I will be glad to dance with you if you would be so nice into letting me...nice breakdown Maggie..

Thank You Stryker, I would be honored as long as L wouldn't mind See You Both In Vegas!

Oh Happy Days Are Here For Iraq... Finally! Bless Them.

[Rubberband King]

Can you say WOW?

he is about to finish the project raise three zeros from the currency

and this will impact on the development and raises the value of Iraqi dinar (turning flips)

Get your party outfits ready!

Talk about smoke clearing....

Awesome just simply Awesome!

Leggo RV!

[hammer911]

On the other hand, revealed adviser to the CBI, that Iraq login for the first time a system of payments between banks has been the transition to electronic clearing away from the manual and engaged in by six banks and the exchange of instruments between banks electronically and will connect the smart card and credit system with the central bank.

Connecting the credit system and electronically threw the banks is the part I like also.

And of course raising the purchase power is a given on my like list...GO RV!!!~~~Thanks RP!!!!!!great post

[hammer911]

Just found this guys:

[Psych]

I feel like I've seen this article around before....

[precious1]

WOW!!! Now, I LOVE waking up to articles like this one! Thanks y'all!!!

Come on RV!!! precious needs some new dancin' shoes!!!

WOW!! Awesome way to wake up!!!!

Edited February 17, 2012 by precious1

[Stryker365]

Just found this guys:

http://dinarvets.com...he-iraqi-dinar/

hammer, save me some time, I’m not going to spend any more time breaking these articles down until you confirm the are new. See what I wrote about your last find, I'm going to start calling you Sherlock Holmes...

I still stand behind my breakdown..

[Biker]

Yes we have been seeing this type of news out of Iraq for a year or more now, just Talk and more B?S out of them, seem i saw this one be for a couple of months ago.It never ends.All Talk no action. Thanks for the post anyway.

[mrref]

Don't you guys get it Shabibi and Saleh are professional pumpers.. Can you imagine the amount of dinars they sold off of this news release back in January. They are making tons of money off of the sell of the dinars through out the country. WOW they are not dumb, the more they pump, the more we buy, and the longer the RV holds off ..

http://iraqidinarchat.com/viewtopic.php?f=12&t=2386

Palm - Central Bank of Iraq, Tuesday, that he is about to finish the project raise three zeros from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and House of Representatives completed the event.

The central bank adviser said the appearance of Mohammed Saleh during the permit media that the project raise three zeros from the dinar is a strategic project and the Central Bank is in the process of finalizing the project, the idea of ​​theory into practice, and almost completed, and submitted to the Council of Ministers and House of Representatives.

Saleh continued that this project will reduce the transaction costs and reduces carry cash, he said, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raises the value of Iraqi dinar.

The adviser to the CBI that the bank has achieved three things during the last stage, as the first to build reserves from zero to $ 50 billion, within the past five years to lower the prices of inflation basis from 34% to 4 or 3%, and achieved stability in the Iraqi dinar exchange.

He was adviser to the CBI the appearance of Mohammed Saleh, said in an interview earlier the bank's readiness to delete the zeros of the Iraqi currency, pointing out that those zeros that were added to the Iraqi currency during the last period formed a cluster of large cash amounted to 27 trillion Iraqi dinars.

On the other hand, revealed adviser to the CBI, that Iraq login for the first time a system of payments between banks has been the transition to electronic clearing away from the manual and engaged in by six banks and the exchange of instruments between banks electronically and will connect the smart card and credit system with the central bank.

Continued by saying that the central bank would be three years after the so-called Council of payments, which sets the protocols is the infrastructure of Iraq.

Previously, specialists Iraqis in the field of economics that have reduced the impact of the CBE to delete zeros from the currency purchasing power of the Iraqi dinar, also hopes the government from behind the move, and believes researchers that the cost of raising the zeroes will be the biggest of its usefulness, given that the currency's strength is measured by the stability of disbursement which is based on the strength of the productive sector is able to provide goods and services.

http://www.nakhelnews.com/pages/news.php?nid=6967

Sorry to bust everybody's bubble here but this has already been posted I think back in January. But maybe we are getting closer..

Edited February 17, 2012 by mrref

[Stryker365]

Don't you guys get it Shabibi and Saleh are professional pumpers.. Can you imagine the amount of dinars they sold off of this news release back in January. They are making tons of money off of the sell of the dinars through out the country. WOW they are not dumb, the more they pump, the more we buy, and the longer the RV holds off ..

Sorry to bust everybody's bubble here but this has already been posted I think back in January. But maybe we are getting closer..

hammer already pointed that out on post #17 on the first page..and I commented on it on post #22.

Edited February 17, 2012 by Stryker365