dinar exchange time line

[gotmoney]

The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“

To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.

is there truth to this

Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded.

[hame55]

The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“

To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.

is there truth to this

Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded.

No in-country cash in restriction.

That would be screwing investors who freed their country. IMO that would sour the economic relations they need from the rest fo the world.

[gymrat76541]

"they can easily be exchanged in person at any bank within Iraq?"
 

This makes no sense. If the currency becomes international then it will be accepted in other countries.

I imagine many Iraq people will travel outside their own borders, and they will need to exchange currency.

Not to mention, all the outside the country investors who will cash in.
 

[rulesforrebels]

No in-country cash in restriction.

That would be screwing investors who freed their country. IMO that would sour the economic relations they need from the rest fo the world.

it blows my mind when people say things like this and think that the country of iraq owes you something for spending $800 on a million dinar or that iraq cares about foreigners buying their money.

"they can easily be exchanged in person at any bank within Iraq?"

 

This makes no sense. If the currency becomes international then it will be accepted in other countries.

I imagine many Iraq people will travel outside their own borders, and they will need to exchange currency.

Not to mention, all the outside the country investors who will cash in.

 

this isn't necessarily true some countries have restrictions that their currency can't be brought out of the country even by travelers while other countries have rules about the notes their central banks so to speak send out. up until relatively recently chinese currency that you could get at a bank for example was only 100 notes because they didnt want smaller stuff leaving the country, nto sure why. other countries also have certain restrictions i think up until recently you coudln't bring russian rubles out of russia and i think the seychelles has similar rules.

The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“

To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.

is there truth to this

Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded.

where is this text taken from or is this just speculation?

[powerpager]

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[umbertino]

Shoe Polish !!!

I was sincerely missing you state that. Thanks for getting it back. A plus from me.

Edited April 2, 2013 by umbertino

[dontlop]

The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“

To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.

is there truth to this

Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in person at any bank within Iraq; identification will be required and fingerprints will be electronically recorded.

this is copied and pasted off a april fools   topic ..

i wouldnt put much into it

APRIL FOOL: New Iraqi Dinar to Change World Banking

Posted on 01 April 2013. Tags: April Fool, Central Bank of Iraq (CBI), dinar, Goldman Sachs, IQD, iraqi dinar, New World Order, re-denomination, re-valuation, Redenomination, revaluation, World Bank

Pages: 1 2

By Marc Snaid.

The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ.

Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will be the envy of governments around the world.

Several years of collaboration between the CBI, the World Bank, and Goldman Sachs, has made it possible to create a database to track the location and ownership of each dinar note, making the monitoring of transactions much easier.

APRIL FOOL: New Iraqi Dinar to Change World Banking

Posted on 01 April 2013. Tags: April Fool, Central Bank of Iraq (CBI), dinar, Goldman Sachs, IQD, iraqi dinar, New World Order, re-denomination, re-valuation, Redenomination, revaluation, World Bank

Pages: 1 2

A spokesman for the CBI, Dr al-Jolson, added:

“This is a new paradigm in the management of money supply, and probably the biggest development since fractional reserve banking.

“Electronic money is easy to monitor – we get daily logs of every transaction – but up to now, cash transactions were the missing link.

“The new system will make it so much easier for people to pay their taxes, both in Iraq and abroad.“

To launch the new currency, the CBI is planning a major ceremony early next year, which will be held at the ruins of the ancient city of Babylon. All major world leaders are expected to attend.

Current dinars will cease to be valid three months after the launch of the new notes, but up to that time they can easily be exchanged in

this  im not sure is anything but an april fools joke

Edited April 2, 2013 by dontlop

[sandfly]

THEY DON'T KNOW