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CBI: Responds to counterfeit currency statements in the media; Cancellation of zeros in coming days

dinarbeleiver
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dinarbeleiver Explorer

dinarbeleiver

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Detect Iraqi Central Bank Governor of the Bank during the coming period to cancel the zeros of the Iraqi currency in order to absorb the inflation of the Iraqi market as well as reducing the size of the Iraqi currency currently in circulation is an existing project will see the light in the coming days.

after the completion of it, pointing out that there is an integrated study on the matter and in the final stages of discussions, the decision was taken and must be submitted to the relevant authorities for the purpose of legislation by the House of Representatives and the Council of Ministers.

Dr. Shabibi in an exclusive interview with (the people) shall be published later that the removal of zeros from the Iraqi currency at the moment was inevitable and will contribute to facilitate the work of the government and Atathirat real current economic situation, stressing that it will be canceled three zeros from the current currency will be printed six to seven categories of a new Iraqi cash.

Shabibi said that the central bank supervision and the role of Sergeant on the performance of all government and private banks and is also evaluating its performance on a regular basis which improves the performance of the banking system.

And his view of the federal budget, which passed last week Shabibi noted that it’s budget ambition and budget execution properly is the one who will create some sort of supply and which will therefore reduce the rate of inflation happening in the country and not to influence the economic stability and needs to be an act of solidarity significant of all.

And the size of the money presented by the Central Bank in the Iraqi market, said the governor that he was more than 150 dollars Mellon on a daily basis and are purchased by the government and private banks and is subject to constant monitoring and supervision by the Central Bank of Iraq.

On the other hand denied Shabibi the existence of any negative economic impact on the spread of counterfeit currency in the local market in Iraq, noting that the issue of counterfeiting, was given a size bigger than true to size, explaining that the process of fraud are almost non-existent in the market and there was a fraud he is by people specific and does not affect the money supply in the domestic market in any way and that the bank has the financial capacity of the enormous and that through which it can influence a course of the domestic market, saying “We are preparing the largest player in the domestic market and control the course of events in economic terms, and I confirm that the currency issue false statements to the media is just to change my actual facts and not on the ground and have no real impact on real perspective.

http://bit.ly/xKa7Yo

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DetroitDinar Newbie

DetroitDinar

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Detect Iraqi Central Bank Governor of the Bank during the coming period to cancel the zeros of the Iraqi currency in order

to absorb the inflation of the Iraqi market as well as reducing the size of the Iraqi currency currently

in circulation is an existing project will see the light in the coming days.

Correct me if I'm wrong but doesn't this mean rv in the comming days..

Go RV!!!!

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yota691 Grand Master

yota691

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Detect Iraqi Central Bank Governor of the Bank during the coming period to cancel the zeros of the Iraqi currency in order

to absorb the inflation of the Iraqi market as well as reducing the size of the Iraqi currency currently

in circulation is an existing project will see the light in the coming days.

Correct me if I'm wrong but doesn't this mean rv in the comming days..

Go RV!!!!

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mrref Newbie

mrref

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As long as it does not have the same defination as the word soon I will be happy. :)

Well I've been hearing the word SOON for about 8 years and just recently I've been hearing the words VERY SOON and VERY VERY SOON, and the words I've been hearing in the past several months were Future and then came IN THE NEAR FUTURE, and now COMING DAYS YEAAAAAAAAAAA :lol::lol::lol: the words that I've been waiting for.. So lets hope so..

Edited by mrref
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mrref Newbie

mrref

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Dont get your selfs all worked up folks, they used the words COMMING DAYS last month in a statement and comming days never showd its face. Just saying. GO RVVVVVVVVV :(

DANG It, I must have missed one, I didn't see COMING DAYS last month, I must be slipping up... :lol::lol:

These people think "soon" means any time within the next millenium :lol:

You are right about that. :lol::lol:

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Stryker365 Newbie

Stryker365

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Well I've been hearing the word SOON for about 8 years and just recently I've been hearing the words VERY SOON and VERY VERY SOON, and the words I've been hearing in the past several months were Future and then came IN THE NEAR FUTURE, and now COMING DAYS YEAAAAAAAAAAA laugh.giflaugh.giflaugh.gif the words that I've been waiting for.. So lets hope so..

Mrref how about...."the next two days".....Let's hope they get this one right...not holding my breath but hoping!!

Wait, that put it today....or was it...."the next few days".....now I've got to go back in look....unsure.gif

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redsand Newbie

redsand

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Dont get your selfs all worked up folks, they used the words COMMING DAYS last month in a statement and comming days never showd its face. Just saying. GO RVVVVVVVVV :(

I have never seen "coming days" only until a week ago also. I'll try to do research on old articles that used that word and I'll see if something actually came to fruition soon after.

Did I just say SOON? AHHHHH! :) I didn't mean to I promise...I hate that word too. ;)

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Biker Newbie

Biker

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O)K let me clear this up, i said last month, maybe it was the other day i saw it it still mint nothing it never happened. I read so much bull **** on here that they talk about who nos when it was, I no i saw it . So do all the research you want if you got that much time on your hand s , i personally don't give a fat rats back side. :blink: Dam i wish i was perfect like some of these folks in here, i wouldn't have a worry in the world.

Now how you like me now :huh:

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yota691 Grand Master

yota691

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O)K let me clear this up, i said last month, maybe it was the other day i saw it it still mint nothing it never happened. I read so much bull **** on here that they talk about who nos when it was, I no i saw it . So do all the research you want if you got that much time on your hand s , i personally don't give a fat rats back side. :blink: Dam i wish i was perfect like some of these folks in here, i wouldn't have a worry in the world.

Now how you like me now :huh:

The Heavy - How You Like Me Now? :twothumbs:
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redsand Newbie

redsand

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O)K let me clear this up, i said last month, maybe it was the other day i saw it it still mint nothing it never happened. I read so much bull **** on here that they talk about who nos when it was, I no i saw it . So do all the research you want if you got that much time on your hand s , i personally don't give a fat rats back side. :blink: Dam i wish i was perfect like some of these folks in here, i wouldn't have a worry in the world.

Now how you like me now :huh:

You wrote that after I posted how "coming days" meant something....

nothing personal...I think? :blink:

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