Iraq halts plans to cut zeros off dinar currency-cabinet

[cheevo]

Council of Ministers postponed the process of removing the zeros from the national currency

Date: Thursday, 12/04/2012 14:00

I

Baghdad (news) .. Council of Ministers decided to wait in the application process to delete the zeros from the national currency until further notice.

The Director General of the Department of Cabinet Affairs in a press statement received the Agency (news) a copy of it on Thursday that the decision requires to stop all actions relating to the operation until further notice.

added : The Council of Ministers Resolution No. (111) for the year 2012, adopted at the fifth regular session, held the day before yesterday was based on what I expounded on the Committee on Economic Affairs. /Finished / d. Q /

http://www.ikhnews.com/news.php?action=view&id=38953

[Bama Nation]

I still do not understand why people have to neg someone that brings over news articles. I evened you out,

[wood1521]

Just Smoke. nothing more.

[mrref]

What's new??? Its been postponed for what the past 3 yrs.. Until I hear it from Shabibi's mouth I am not believing it..

Edited April 12, 2012 by mrref

[powerpager]

or next year

[WTX_Danny]

I think this is good news. We don't want them to remove the zero's. Do we?

[yota691]

I think this is good news. We don't want them to remove the zero's. Do we?

I call it Retirement!!

[truthful1]

Now this is the best news we could see. you all dont want your 25,000 dinar note to turn into 25 dinar do you???

[bodiddily]

This I believe is very good news, now let them concentrate on increasing the value of the currency that they have.

[Roadrunner]

Great news Cheevo. Thanks

Roadrunner

[bamagirl]

I am loving this!!! Looks like our 000 notes are safe.....they still have to do something with the exchange rate soon and it looks like a LOP was just thrown out the window........where is KeepM, I would love to hear his thoughts on this article.........Good morning DV!

[yota691]

Now this is the best news we could see. you all dont want your 25,000 dinar note to turn into 25 dinar do you???

I had to view it anyway, then I plus you on this one!!

Edited April 12, 2012 by yota691

[rsskelton]

The wait for the revaluation of the Iraqi dinar has caused me to fall into dire straights. Since I still have not given up completely, I do not want to sell my dinar; However due to my great financial need, I have 3 acres of prime beachfront property ( fantastic ocean view ) in Arizona that I am willing to let go at a bargin. If you are interested, just drop a line on my profile page. ( Hey, if you'll believe some of the B.S. coming out of Iraq right now, you'll believe anything, lol ).

RSS

[Roadrunner]

I am loving this!!! Looks like our 000 notes are safe.....they still have to do something with the exchange rate soon and it looks like a LOP was just thrown out the window........where is KeepM, I would love to hear his thoughts on this article.........Good morning DV!

It is not done yet. the article said "Until Further Notice". Still I am by nature a very optimistic person and I see good things on the horizon.

[RVPleaseToday]

I don't see how this eschalating government instability in Iraq is a good thing economically for either Iraq or investors. Markets want stability.

[cheevo]

I think ppl think its like facebook....the like or dislike the headline..... Its not like i made this article up! Lol. Dont shoot the messenger!

[puckster_guy]

I wonder if this is what Adam meant when he said the lopsters are gonna be eating crow. good post looks like more smoke,maybe we are closer then we think..

[Maserati]

The wait for the revaluation of the Iraqi dinar has caused me to fall into dire straights. Since I still have not given up completely, I do not want to sell my dinar; However due to my great financial need, I have 3 acres of prime beachfront property ( fantastic ocean view ) in Arizona that I am willing to let go at a bargin. If you are interested, just drop a line on my profile page. ( Hey, if you'll believe some of the B.S. coming out of Iraq right now, you'll believe anything, lol ).

RSS

Does it have a dock for my yacht???

[bamagirl]

I think ppl think its like facebook....the like or dislike the headline..... Its not like i made this article up! Lol. Dont shoot the messenger!

I think it's great news, thanks for posting......+1

[truthful1]

I wonder if this is what Adam meant when he said the lopsters are gonna be eating crow. good post looks like more smoke,maybe we are closer then we think..

Adam has good opinions, but he doesnt have a magic ball to forsee the future. A lot of people cling to what he says....and i think thats just putting too much pressure on the guy. Adam isnt god and doesnt know the outcome...he has a good brand of speculation...but remember its speculation for a reason.

[rsskelton]

Does it have a dock for my yacht???

Yea, but its on the bay side.

[umbertino]

I think this is good news. We don't want them to remove the zero's. Do we?

I am an Investor in The IQD ( have been for 8 years...so far) just like you and most here.. So obviously I wouldn't want any lifting of the zeros......

Having said that......... Does what we investors want really matter at all to the Big Ones deciding this? I'll just leave it at that....Let's hope.....

[easyrider]

praise the heavens

[keepmwlknfny]

Council of Ministers postponed the process of removing the zeros from the national currency

Date: Thursday, 12/04/2012 14:00

I

Baghdad (news) .. Council of Ministers decided to wait in the application process to delete the zeros from the national currency until further notice.

The Director General of the Department of Cabinet Affairs in a press statement received the Agency (news) a copy of it on Thursday that the decision requires to stop all actions relating to the operation until further notice.

added : The Council of Ministers Resolution No. (111) for the year 2012, adopted at the fifth regular session, held the day before yesterday was based on what I expounded on the Committee on Economic Affairs. /Finished / d. Q /

http://www.ikhnews.c...n=view&id=38953

WOOOOOOHOOOOOOOO!!!! Thats what Im talking about right there!! Thats the best news I have heard in a LOOONNNNG time!!

Thats all we need is for someone else to step in and tell Shabs he is freakin out of his mind!!!

Edited April 12, 2012 by keepmwlknfny

[hammer911]

I think either way we get our money.weather they lift them or not. However, if they RV..before lifting the zero's we get our money faster and more of it... It is still a win..win situation.....GO RV!!!~~~