Central Bank refuses to delete the zeros of the Iraqi currency at the moment

[yota691]

Economist confirms that the restructuring of the local currency is not possible with the present

02/22/2015 10:20

 

BAGHDAD / Nina / confirmed economist spokesman Antoine, said the restructuring of the local currency, is not possible with the present. He said in a statement to the Iraqi News / Nina / National Agency "that the deletion of zeros from the local currency, requires appropriate floor and stable economically critical and security in the country. He explained Antoine "The re-local currency structure of the powers of the central bank, stressing that" the deletion of zeros from the currency means ease of digital accounts burden treasurers, and alleviate the burden of accountants, despite the fact that this procedure is not appropriate now to the lack of security and economic stability in the country. " He was a member Parliamentary Finance Committee Masood Haider, revealed yesterday, reservation CBI Bank to delete the zeros of the Iraqi currency. He explained MP Masood Haider "The process of deletion of zeros need a deep study, because they greatly affect the Iraqi currency and the price of the Iraqi market and on the Iraqi economy in general, "./ ended 7

[2fast4u2c]

I +'ed you

I think your both spot on...long day. same team

[lsenatus9]

Hey, thanks guys, I mean, Trymark and Bsims25. I never new that's how China did their currency changes. I learned something new today on this site.

 

Though, I did not enjoyed the maner in which the discussion carried on, but the discussion was informative.

 

I feel like the devil in the details.

 

Why is MP Massod Haider is talking about the deletion of zeros? He could have kept his silence. Now, I get it. This type of denial is associates with countries who is in the process of making currency changes. I wonder, did, Turkey, Brasil, Zimbabwe etc. and other countries that carried out currency changes in the same maner?

 

" He was a member Parliamentary Finance Committee Masood Haider, revealed yesterday, reservation CBI Bank to delete the zeros of the Iraqi currency. He explained MP Masood Haider "The process of deletion of zeros need a deep study, because they greatly affect the Iraqi currency and the price of the Iraqi market and on the Iraqi economy in general, "./ ended 7

Read more: http://dinarvets.com/forums/index.php?/topic/197573-central-bank-refuses-to-delete-the-zeros-of-the-iraqi-currency-at-the-moment/page-2#ixzz3SbLUqfZf

[TBomb]

It's only smoke if your down wind Deborah, time to get on the good side of the fire ! HCL is the fuel that we all need.

Agreed, and fair distribution of military coalition controls for the Sunni's; they need an imperative reason to fight Daash and not allow them control (Sunni's: "Daash is better to us than the Shia controlled Iraqi Military", etc. )

[uncirculd]

Bunk. This has been studied to death. For once -I agree that it's smoke

So true.  They have done in depth studies, and more studies and maliki even had the university do studies all to stop it.  This is total BS and we all know it.  The plan is in motion.  They will eventually have to have a currency worth holding in reserves.

[Tacman]

The only thing this shows me is fear of taking that step.  We must remember that this government has never done this before and when you have this much study, you can only call it fear.  Come on CBI, just take that step of faith. We believe in you until we have exchanged our moola!!! LOL 

[zzztop]

They were able to replace Saddam's currency in just a few months while bombs were being dropped on their heads and every fifth car parked on the street had an IED in it.  This is horse puckey.  Thanks for the post.

[justchecking123]

Sunnis and Shiites have to work together to see change. Keep trudging, iraq...Maliki HAD to be the political thumb in the eye, too many things have gone right lately. Ironic how ISIS was the catylist for the PTB dumping him when he asked for help with their invasion. I still say the CIA had a helping hand...