Dr. economic expert. Peace Sumaisem: getting lost in monetary policy makes the DELETION of ZEROS is not successful project (04/19/2013 - 8:38)

[ALBUNDY]

 

 

Dr. economic expert. Peace Sumaisem: getting lost in monetary policy makes the deletion of zeros is not successful project

 

 

 

04/19/2013 - 8:38

 

 

Said an expert in economic affairs peace Sumaisem, to begin procedures to delete the zeros from the Iraqi currency in the light of the confusion in the monetary policy and the instability of the dinar and improve Sarsrv of them unsuccessful procedures.

She Sumaisem that "the project to delete the zeros is aimed at two dimensions are reducing the money supply and improve the price of the Iraqi dinar, pointing out that" the deterioration of the dinar exchange rate in the current period after pumping quantities of ill-conceived from the dollar makes the process of deletion of zeros is able to improve the rate of the dinar will not create a balance with the dollar. "

She pointed to the "dual price policy that arise between the central bank auction and outside the auction and the existence of attempts to smuggle currency has created a discrepancy between the two rates inside and outside the bank, making it the Iraqi dinar less valuable than the U.S. dollar."

The Sumaisem stressed that "the process delete Asfarfa the light of the deteriorating value of the Iraqi dinar against the U.S. dollar is not successful and check the equation between the two rates, but creates an imbalance in the monetary policy"

 

 

THE LINK : http://www.burathanews.com/news_article_191619.html

 

[OldSignalOfficer]

I'm okay with less than a dollar. Ten cents... Fifty cents... Ninety-five cents... Anything will do. It's all about the gain.

[ALBUNDY]

me too.

[JMULS31]

I'm not going to cash out at $.10 but show some life

[TQueezy]

So here you have someone directly saying that the project to delete three zeros is the two acts of reducing money supply and increasing the exchange rate of the Iraqi dinar. Tell me again about how project delete three zeros is a LOP/RD? Yeah.

[ALBUNDY]

TQueezy:  " INCREASE the exchange rate of the Iraqi dinar " ,  I like the sound of it. GO RV.