yota691 Posted October 22, 2014 Report Share Posted October 22, 2014 Economic Commission: to delete the zeros will be implemented over the next five years 22/10/2014 BAGHDAD / JD / .. excluded the parliamentary Economic Committee, the application of the project to delete the three zeroes from the currency early next year in 2015, while suggesting it had agreed with the Central Bank to implement the project over the next five years. Said committee member Nora told Albjara / JD /: that "its Committee met with the Governor of the Central Bank and the Agency on the Keywords and discussed with him the most important issues related to the monetary policy of the country, including the project to delete the three zeroes from the currency." She added: "The Governor of the Central Bank and the Agency confirmed that the project to delete the zeros is ready technically and logistically and waiting for the right time to implement it," noting that "he was supposed to be applied to the project since 2013 and until 2016, but the security conditions and the economic situation is stable led to the identification another period by the central bank to be applied starting from 2015 up to 2020. " Albjara ruled out, the application of the project in the next year and even the years 2016 and 2017, due to the lack of appropriate conditions for the application of such a large project. And was a member of the parliamentary Economic Committee Abdul Salam al-Maliki pointed out earlier that the central bank will begin to apply the project early next year 2015 / Finished / 8 / 2 Link to comment Share on other sites More sharing options...
deniscanada Posted October 22, 2014 Report Share Posted October 22, 2014 project to delete the zeros is ready technically and logistically and waiting for the right time to implement it 1 Link to comment Share on other sites More sharing options...
yota691 Posted October 22, 2014 Author Report Share Posted October 22, 2014 Parliamentary Commission of Economy: the deletion of zeros from the Iraqi dinar is applied next year Author: 10.22.2014 12:31 PM Number of Views: 6 Orbit - Follow-up confirmed for the economic and investment commission in the Iraqi parliament that the deletion of zeros from the Iraqi currency will enter into force next year, noting at the same time it will be discussed during the coming period laws regarding the banks, and the central bank, and the fight against money laundering. said Member of the economy and investment in the Iraqi parliament , Jawad al-Bolani, said that 'the deletion of zeros from the Iraqi currency will be it next year. was the Iraqi government project about deleting three zeros from the Iraqi currency to reduce inflation winning currency, however, has been postponed. added Bolani, in a press conference held in the building of the Iraqi parliament, that foreign exchange reserves in the Central Bank of Iraq amounted to 76.3 billion dollars, while the estimated currency markets Iraqi estimated at 40 trillion Iraqi dinars. reported Bolani he will discuss some of the laws that would 'promote the Iraqi economy' he said, and he mentioned the laws of the banks and the bank Central and Money Laundering Act. noteworthy that the Iraqi Central Bank authority independent of the government is not entitled to state intervention work, under Iraqi laws. 2 Link to comment Share on other sites More sharing options...
blueskyline Posted October 22, 2014 Report Share Posted October 22, 2014 (edited) These different articles and dates they provide from these different committees are all over the place. Atleast these articles are still coming out Edited October 22, 2014 by blueskyline Link to comment Share on other sites More sharing options...
yota691 Posted October 22, 2014 Author Report Share Posted October 22, 2014 The central bank is to remove zeros within five years Published on Tuesday, 21 October 1 / Okrudolf 2014 12:00 Written by: Sheikh Salem Hits: 119 BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) -qal Member of the economy and investment representative Ali al-Maliki that the central bank promised to remove the zeros currency during the next five years and make it tamper-proof . And between Maliki's ( IMN ) that "the new currency will cost more than its monetary value because of the security issues that will be placed inside and will be strongly the security of the Australian currency," pointing out that it "will include several categories of up to 200 dinars, which corresponds to 200 dinars in the current currency." In the view of economists that the removal of zeros will not increase the purchasing power of the currency, but that would end removed to ensure that the number of billionaires in the budget, and trading in the market . From: Firas al-Kadhim, Edit: Laith Mohammed Reza 2 Link to comment Share on other sites More sharing options...
staunch Posted October 22, 2014 Report Share Posted October 22, 2014 What in the world does that last paragraph mean? 1 Link to comment Share on other sites More sharing options...
hammer911 Posted October 22, 2014 Report Share Posted October 22, 2014 What in the world does that last paragraph mean? Yea, splain that Lucy??? GO RV!!!~~~ 1 Link to comment Share on other sites More sharing options...
jobug38 Posted October 22, 2014 Report Share Posted October 22, 2014 Denial denial denial then BAM! We have what we've been looking.g for! Link to comment Share on other sites More sharing options...
vomer Posted October 22, 2014 Report Share Posted October 22, 2014 Sounds like we're screwed. 5 1 Link to comment Share on other sites More sharing options...
chinadawg Posted October 22, 2014 Report Share Posted October 22, 2014 Sounds more and more like the removal of zero;s is simply a vaccum to remove the larger notes off the streets and replaced by new lower denoms .............they are saying the process from start to finish could take up to 5 years.............sounds good to me. 4 2 Link to comment Share on other sites More sharing options...
jcfrag Posted October 22, 2014 Report Share Posted October 22, 2014 (edited) project to delete the zeros is ready technically and logistically and waiting for the right time to implement it I think what he is really trying to say is that had Maliki not been embezzleing the bank dry, and screwing up the whole Iraqi finacial system, dropping the zeros would have already started and we would of already been in the middle of the project today..... Get me a rope! I'll go hang em myself if no one else will!!!!! They are still trying to shore up the damages that weak minded doodle squat did to the economy. The moment it was discovered was the moment you saw Abadi diving over the table to get to Malik's throat to strangle him his self! Edited October 22, 2014 by jcfrag Link to comment Share on other sites More sharing options...
chinadawg Posted October 22, 2014 Report Share Posted October 22, 2014 these guys are not the type to call an RV everyday, so i do listen, as for as the zero's..........interesting remarks by Mike at the 54 min mark and the 96 min mark....worth a listen.. https://www.freeconferencecallhd.com/playback/?n=IWdZU/jYyOM Link to comment Share on other sites More sharing options...
SocalDinar Posted October 22, 2014 Report Share Posted October 22, 2014 So are we in phase 1 or phase 2 of Shabibi's plan.? I thought they were in phase 2 before Shabs trip to Japan and the arrest warrant issued. These articles are in way educating the public to the coming change with the currency...... Whatever that may be. Thanks Yota 1 Link to comment Share on other sites More sharing options...
yota691 Posted October 23, 2014 Author Report Share Posted October 23, 2014 Economic parliamentary: the currency will be replaced by early 2016 Thursday, 23 October 1 / Okrudolf 2014 10:47 [baghdad - where] Showed the parliamentary Economic Committee on Thursday that "the replacement of the existing currency will be early in 2016." She said a member of the Committee and the fulfillment Kazem slugfest told all of Iraq [where] that "the Committee discussed with the Governor of the Central Bank of the process of replacing the currency and delete the zeros, and between that the issue of deletion of zeros deferred because of what is going through the country of the conditions of being an uninitialized Currently, stressing that the replacement of the currency and initiating so will be early in 2016. " She added that the fight "reserve currency of the bank nearly 74 billion dollars, twice the mass of cash in circulation in the country and this is not in the best countries in the world and is a good indicator to reassure the Iraqi people." He said economic expert Jamil Antoine earlier that the deletion of zeros from the currency is a restructuring of the currency, and to alleviate the accounts of digital large burden on treasurers, and alleviate the burden on accountants in counting the transfer of numbers, "noting that" the present time is not appropriate for the replacement of the currency, and so the lack of security and economic stability in the country . ended 80 Link to comment Share on other sites More sharing options...
lillymoon Posted October 23, 2014 Report Share Posted October 23, 2014 (edited) Economic parliamentary: Multi deferred deletion of zeros and the replacement of the existing currency early in 2016 Agency eighth day October 23, 2014 Baghdad _ ((eighth day)) Showed the parliamentary Economic Committee on Thursday that that the issue of deletion of zeros deferred because of what is going through the country of the conditions of being an uninitialized currently indicating the replacement of the existing currency will be early in 2016. A member of the Commission and the fulfillment Kazem "The committee discussed with the Governor of the Central Bank of the process of replacing the currency and delete the zeros, and between that the issue of deletion of zeros deferred because of what is going through the country of the conditions of being an uninitialized currently, indicating that the replacement of the currency and initiating this will be the beginning of 2016." "The Reserve Bank's currency of nearly 74 billion dollars, twice the mass of cash in circulation in the country and this is not in the best countries in the world and is a good indicator to reassure the Iraqi people." He said economic expert Jamil Antoine earlier that the deletion of zeros from the currency is a restructuring of the currency, and to alleviate the accounts of digital large burden on treasurers, and alleviate the burden on accountants in counting the transfer of numbers, "noting that" the present time is not appropriate for the replacement of the currency, and so the lack of security and economic stability in the country. http://translate.google.com.pk/translate?hl=en&sl=ar&u=http://8th-day.com/&prev=/search%3Fq%3D8thday.com%26es_sm%3D93 Edited October 23, 2014 by lillymoon Link to comment Share on other sites More sharing options...
yota691 Posted October 23, 2014 Author Report Share Posted October 23, 2014 Parliamentary Finance: local currency will be Astpadalha early 2016 By Adminsa ten fifty a.m. 23.10.2014 | Views: 297 Font Size: Brother - Baghdad Showed the parliamentary Economic Committee on Thursday that "the replacement of the existing currency will be early in 2016." She said a member of the Committee and the fulfillment Kazem fight press statement seen by theAgency for News News (et) that "the Committee discussed with the Governor of the Central Bank of the process of replacing the currency and delete the zeros, and between that the issue of deletion of zeros deferred because of what is going through the country of the conditions of being an uninitialized Currently, stressing that Replace the currency and thus will initiate early in 2016. " She added that the fight "reserve currency of the bank nearly 74 billion dollars, twice the mass of cash in circulation in the country and this is not in the best countries in the world and is a good indicator to reassure the Iraqi people." Link to comment Share on other sites More sharing options...
staunch Posted October 23, 2014 Report Share Posted October 23, 2014 Sounds like we're screwed.Even more so after these last couple of articles. "Deletion of the zeroes", "replace current currency", "restructuring of currency" are not words I want to hear all in same couple of sentences. At least we have another year for them to change their mind again. Link to comment Share on other sites More sharing options...
wbuse984 Posted October 23, 2014 Report Share Posted October 23, 2014 There will be massive disinformation of the increased valuation of the Dinar, then it will suddenly happen...the CBI cannot let it's hand show beforehand...as has been said by others, look at what they do and not what they say...it won't be announced before it happens, it may well seem like it will never happen, then bam, done...this article is interesting and not bad at all...that at least is my theory from watching this the last 10 years...in a line from a movie I like "we will seeeee precioussss, we will see" (literary license used in quote)...major waiting game...DT I need an appropriate clip or pic for that quote...any help bro? 1 Link to comment Share on other sites More sharing options...
chinadawg Posted October 23, 2014 Report Share Posted October 23, 2014 :cigar: LOVE IT.......LOL............... THERE PLAN...................................................hurry up and sell your dinar, LOL 2 Link to comment Share on other sites More sharing options...
RV on my mind Posted October 23, 2014 Report Share Posted October 23, 2014 I'm really starting to hate this. 2 Link to comment Share on other sites More sharing options...
TQueezy Posted October 23, 2014 Report Share Posted October 23, 2014 I'm really starting to hate this. I am with you on that one… Link to comment Share on other sites More sharing options...
NoviceInvestor Posted October 24, 2014 Report Share Posted October 24, 2014 I am with you on that one…[/quote I am so over this roller coaster ride and all the bulls...that goes with it... One minute it looks like pay dirt time and the next the goal post is totally out of sight again .. And as for the so called guru's .. They too know Jack.... 1 Link to comment Share on other sites More sharing options...
gakman Posted October 24, 2014 Report Share Posted October 24, 2014 I'm really starting to hate this. Give it some time,… You will hate it more! 2 Link to comment Share on other sites More sharing options...
universal_exports Posted October 24, 2014 Report Share Posted October 24, 2014 (edited) agreed, I don't post much, but bought my 1st Dinars in 2004 when I was in Iraq the 1st time, at that time I thought within 10 years I would make a serious return on my investment. we were winning when I left. Edited October 24, 2014 by universal_exports 1 Link to comment Share on other sites More sharing options...
RVWITHME Posted October 24, 2014 Report Share Posted October 24, 2014 project to delete the zeros is ready technically and logistically and waiting for the right time to implement it So, I guess one could take that to mean that the long-term waiting for an RV "officially" begins in 2015? Sure glad the past 7 years of waiting was only a practice session........ /sarc 1 1 Link to comment Share on other sites More sharing options...
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