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1 - 22 - 2014
The Belarusian government plans to knock 'three or four' zeroes off the rubel, Aliaksandr Lukashenka said at a meeting with a group of Belarusian media leaders in Minsk on January 21.
The President noted that the government sought to secure a 'more civilized currency'. "We are not hiding that," he said.
He confirmed that new banknotes had been printed and said that even coins had been minted. The design of the new banknotes is similar to that of euro bills, he said.
At the same time, Aliaksandr Lukashenka warned that it was yet early for a rubel redenomination because 'the economic situation is not that good' and 'the public has certain concerns'. "Even if we feel this year that the economy has become normal, we will announce [a rubel redenomination] six months in advance," he said. "We will be choosing whether to slice three or four zeroes [off the rubel]."
He suggested that as a result of such a redenomination one US dollar could buy one or 10 Belarusian rubels.
Lukashenka also said that after the planned redenomination the old banknotes would remain in circulation for one more year.
we will announce [a rubel redenomination] six months in advance," he said. "We will be choosing whether to slice three or four zeroes [off the rubel]."
wait did i hear that right i thought dontlop and many other said they dont annouce RD before they do it LOL
1 - 13 - 2014
Iran postpones currency redenominationIranian central bank official says plan to knock zeroes of currency on hold London, Asharq Al-Awsat—An Iranian central bank official says that Iran has once again delayed plans to revalue the Iranian riyal by eliminating some zeros from the country’s currency, although the option remains on the table.“The issue will be included in the central bank’s serious agenda as soon as the economic situation has improved and the inflation reduced,” said Akbar Komijani, the Central Bank of Iran’s economic deputy, in an interview with the Mehr news agency published on Sunday.
He added that Iran’s central bank attaches great importance to the elimination of zeros from the currency, but it will not be considered as a priority, at least not during the next few months.
The secretary general of the central bank, Mahmoud Ahmadi, said last week that the eliminations of zeros from the country’s currency will be followed up in the second half of the next year of the Iranian calendar, which runs from October 2014 till March 2015.
Economic experts believe that the fate of plans—formed and presented during the previous government of President Ahmadinejad—to delete zeros from the Iranian currency is uncertain under the current government, in light of changes in the rial’s value.
Iran’s former economy minister Shamseddin Hosseini said in 2011 that the country was set to lop three zeros off the end of its currency, which has weakened steadily over many years, despite attempts to keep it loosely pegged to the US dollar. Iran “will remove three zeros from the national currency this year on the condition that the prerequisites [for doing so] are achieved,” the minister said.
The value of the dollar experienced a sharp decline in Iran in early 2012.
The Iranian rial currently stands at around 30,000 to the US dollar, compared to 10,000 two years ago.
12 - 10 - 2013
The parliamentary Economic Committee, announced the postponement of a draft Central Bank raising the zeros of the Iraqi currency to the next parliamentary session.
Committee Member said the Deputy from the Kurdistan Alliance, najeeba Najib, both in Iraq, that "delete zeros from the former Department of the Central Bank in times of Sinan Al-Shabibi Former Bank Governor".
"There were preparations and preparations by the Department on restructuring of the Iraqi currency, delete the zeros, and they had good steps taken by them on this issue and were awaiting Government approval to start the project.
Najib said that "the new administration of the Central Bank, headed by Abdel Basset Turki Agency has other plans and procedures", indicating that they are "looking to raise zeros that is premature."
The Deputy Minister for the Kurdistan Alliance, of zeros that "need" for the figures in the current currency is counted, but the Central Bank's decision to choose the time of implementation of this project. "
Smart expressed the belief that "the parliamentary elections to make the Central Bank is considering to delay the implementation to delete zeros or restructuring the currency beyond the elections and the formation of a new Government.
FACT - If you need to know what deleting of the three zeros means look no more i have it all right here.
if you go to each link you will see what all the exchange rate from old to new is 1000 to 1 new looks familiar ? Iraqi Dinar http://goo.gl/d9CeSH
Venezuela - http://goo.gl/bhNxtF
Indonesia - http://goo.gl/RFyUFb
Mexican peso - http://goo.gl/PzwPlf
bulgaria lev - http://goo.gl/MdyD8V
Russian ruble - http://goo.gl/8N1tva
Israel shekels - http://goo.gl/oNsF16
Paraguay guarani - http://goo.gl/AvsKKg
Brazil Real - http://goo.gl/Tsi2ur
Colombia peso - http://goo.gl/X59Q6I
Zambia - http://goo.gl/2SHK52
these are just some
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