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Wide acceptance for the issuance of large cash categories


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Wide acceptance for the issuance of large cash categories

 

 

         


5/5/2015 0:00 

Excluding impact on the purchasing power of 
 Baghdad - the joy of pumice 
  met project printing large cash categories by the Central Bank acclaimed by experts in the economy, Adin him part of the monetary reforms that support the country's economy.The Governor of the Central Bank had announced during Tadhaifa by the economic and investment commission in Parliament yesterday that the bank in the process of printing new financial category value of 50 000 dinars to enhance the efficiency of the payments system. 
The Economic expert d. The appearance of Mohammed in favor of this approach, noting that the country needs large cash price categories because of the configuration in Iraq, as it is dealt format (10) 12, any deal trillions, as well as handle very large blocks of cash in the country any cash payments represented more than monetary instruments and cards and electronic payment. According to Saleh in his statement the "morning" that these trends are not related to monetary policy, but rather to increase the efficiency of the payments system management (cash management policy), where he will be short of money amounts, especially as the large categories account for 90 percent of the money supply in circulation. 
He said the way Ask these large groups, saying it is asking the same monthly amount of the money supply to the market, but in different categories, either small groups or large, and not increase the amount of the original, considering that this project is part of the reforms that support the economic side in Iraq. 
As for some fear of causing in the case of inflation due to the introduction of new monetary categories, Fastbad favor of it, explaining that the central bank "does not lend" the government, either in the event of lending it to the government and the issuance of large cash categories of possible inflation caused deterioration in prices, as the country is suffering from contraction in liquidity for the currencies of the dinar and the dollar, especially as the currency bloc in Iraq less than 40 trillion Danar.otsud beliefs in the community impact of printed denominations in purchasing power and rising commodity and freight rates, but the observers and specialists economists refuted these beliefs, stressing that do not impact directly on the citizen in it, but improves the efficiency of the payments system is in the interest of the country economically, especially in light of the circumstances that are currently going through.

 

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For his part, Governor of the Central Bank announced the completion of the final touches to issue a new currency of 50 000 dinars category which would reduce the volume of cash in circulation. ......Ali Keywords   May 3 2015 .................the bank in the process of printing new financial category value of 50 000 dinars to enhance the efficiency of the payments system. 

Read more: http://dinarvets.com/forums/index.php?/topic/201999-wide-acceptance-for-the-issuance-of-large-cash-categories/#ixzz3ZDK1dWvB       So is the Completion of the" Final Touches" the process of printing a new financial catagory valued 50,000 dinars .............I'm sorry . These 2 articles together makes me feel like they are playing games with us 

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Just can't see 50,000 notes "meaning" 50. The news isn't THAT hard to understand. If they keep the 000 notes up to 1000 and revalue the dinar, it would still work. They go to lower notes in country wouldn't that make the 000 notes outside the country worthless unless cashed in by a dealer contracted by the CBI? Why would US banks take worthless currency?

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WOOHOO, That's what I'm talking...bringem on baby. I hope you newbies aren't thinking they are talking about printing a new 50.000 & 100.000 note are you???LMAO Come on folks do a little research, they've been talking about this for years. It's the VALUE, VALUE, VALUE.....

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That's what I'm talking...bringem on baby. I hope you newbies aren't thinking they are talking about printing a new 50.000 & 100.000 note are you???LMAO Come on folks do a little research, they've been talking about this for years. It's the VALUE, VALUE, VALUE.....

I like your attitude.

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WOOHOO, That's what I'm talking...bringem on baby. I hope you newbies aren't thinking they are talking about printing a new 50.000 & 100.000 note are you???LMAO Come on folks do a little research, they've been talking about this for years. It's the VALUE, VALUE, VALUE.....

I agree with you my friend.!!

I don't believe the CBI will issue a new 50.000 or 100.000 dinar note.

If they're doing that to reduce the note count, why don't issue a 500.000 or 1.000.000 dinar note?

I believe is the new 50 and 100 dinar note with more security on it and a new language.

Just my opinion.!

Go Iraq

Go dinar

Go $1+

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Here's A Highlighted Version Of It - Thx Master Yota ! ;)

 

 

 

 

(by walkingstick)

Wide acceptance for the issuance of large cash categories

5/5/2015 0:00 

Excluding impact on the purchasing power of met project printing large cash categories by the Central Bank acclaimed by experts in the economy, Adin him part of the monetary reforms that support the country's economy.The Governor of the Central Bank had announced during Tadhaifa by the economic and investment commission in Parliament yesterday that the bank in the process of printing new financial category value of 50 000 dinars to enhance the efficiency of the payments system. 

The Economic expert d. The appearance of Mohammed in favor of this approach, noting thatthe country needs large cash price categories because of the configuration in Iraq, as it is dealt format (10) 12, any deal trillions, as well as handle very large blocks of cash in the country any cash payments represented more than monetary instruments and cards and electronic payment. According to Saleh in his statement the "morning" that these trends are not related to monetary policy, but rather to increase the efficiency of the payments system management (cash management policy), where he will be short of money amounts, especially as the large categories account for 90 percent of the money supply in circulation. 

He said the way Ask these large groups, saying it is asking the same monthly amount of the money supply to the market, but in different categories, either small groups or large, and not increase the amount of the original, considering that this project is part of the reforms that support the economic side in Iraq.

As for some fear of causing in the case of inflation due to the introduction of new monetary categories, Fastbad favor of it, explaining that the central bank "does not lend" the government, either in the event of lending it to the government and the issuance of large cash categories of possible inflation caused deterioration in prices, as the country is suffering from contraction in liquidity for the currencies of the dinar and the dollar, especially as the currency bloc in Iraq less than 40 trillion Danar.otsud beliefs in the community impact of printed denominations in purchasing power and rising commodity and freight rates, but the observers and specialists economists refuted these beliefs, stressing that do not impact directly on the citizen in it, but improves the efficiency of the payments system is in the interest of the country economically, especially in light of the circumstances that are currently going through.


http://www.alsabaah.iq/ArticleShow.aspx?ID=92340

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The Drumbeats Are Getting Louder Since They Retired The 50 IQD Note 4 Days Ago ! B)

 

At The Bottom Is A Related Article Yesterday From Buti Where The '50k' Is Mentioned ! ;)

 

Take It From A Guy With Size 22 Clown Shoes When I Tell U That Something Is Afoot ! :o

 

iSOtZIQ.gif

 

   :D    :D    :D

 

 

 

 

 
The economic and investment commission hosts the Governor of the Central Bank   May 03 .2015
no73515.jpg

The economic and investment commission hosted on Sunday, 05/03/2015, headed by MP Jawad al- Chairman of the Committee and the presence of Messrs members, Mr.Ali Keywords Governor of the Central Bank to discuss the monetary policy of the Bank and ways to encourage the private sector.

The head of the economic and investment commission during the meeting that it is important at this stage where the country is suffering from the financial and economic crises that operate fiscal and monetary policies to promote economic reality which is viewed with hope for investment and the private sector. "

He said al-Bolani said on relevant policy monetary act now and quickly to invest the money supply available and channeled properly to support private sector companies and banks sector, and here this liquidity will work as an engine driver of investment which will generate additional financial returns and increases the total national income and gross domestic product (GDP).

For his part, Governor of the Central Bank announced the completion of the final touches to issue a new currency of 50 000 dinars category which would reduce the volume of cash in circulation.

He Keywords that the central bank began lending process biggest banks sector and private banks and invest the money in investment projects and also support various economic sectors such as agriculture, industry, housing and others.

http://www.parliament.iq/details.aspx?id=41875&AlwType=Pre

 

 


 

 

 

 

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if they are doing this to reduce the note count why don't they just do what we do here in the UK.

 

We have £1 Million and £100 Million pound notes, they never leave the central bank vault, and they certainly save space compared to £100,000,000 in £20 notes lol

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History of edits:: 05/05/2015 1:40 p.m. • 47 visits readable
story_img_55489aa33c3d3.jpg
{Baghdad: Euphrates News} Newspapers picked up on Tuesday a number of economic titles, including printing new currencies of the two categories {50} and 100 thousand dinars, and calls for the Ministry of Labour and Social Affairs to include workers in the universities, hospitals, social security, civil and other addresses.
New Morning
financial parliamentary: the reserve exceeds $ 60 billion 
trade contracts with Arab and foreign companies for the supply of «ration» justicestability of the Iraqi gold price at 196 000 dinars to the weight of the completion of linking Diwaniyah, the new system the national electricity gas station time traders Basra demonstrating against the new customs tariff trade : positive signs of increased crop statement printed new currency of 50 and 100 thousand dinars categories of work calls for private universities and hospitals to cover their workers social security term securities: Zain Iraq will go about 450 billion shares traded Brent crude rises to $ 67 a barrel, its highest price in 2015.anthy

For his part, Governor of the Central Bank announced the completion of the final touches to issue a new currency of 50 000 dinars category which would reduce the volume of cash in circulation. ......Ali Keywords   May 3 2015 .................the bank in the process of printing new financial category value of 50 000 dinars to enhance the efficiency of the payments system. 

Read more: http://dinarvets.com/forums/index.php?/topic/201999-wide-acceptance-for-the-issuance-of-large-cash-categories/#ixzz3ZDK1dWvB       So is the Completion of the" Final Touches" the process of printing a new financial catagory valued 50,000 dinars .............I'm sorry . These 2 articles together makes me feel like they are playing games with us 

We are here just for the ride...the Goals are...Give purchasing power to the citizens....one to one on the IQD versus the dollar...and  to remove the zeros..not add...

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Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Economic

 Since 05.05.2015 at 10:41 (GMT Baghdad)

dfgh5t6y7.jpg

BAGHDAD - scales News

He confirmed in the parliamentary finance committee member, Tuesday, that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies.

A member of the committee MP Sarhan Ahmed Sarhan in a statement to / scales News /: "The issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling ".

Ahmed added that "the Finance Committee met a few days ago with officials in the Iraqi Central Bank did not raise the question of pumping currency of 50 thousand dinars category and was the subject put on the market right it will affect a significant impact on the Iraqi economy because the Iraqi currency adequate and plentiful more scheduled to lead to inflation ".

He pointed out that the disparity in global oil prices in the last period of the impact without doubt in the financial and economic situation of Iraq .

The Central Bank of Iraq has announced finalize coin category 50 000 dinars for the placing on the market 0.29 - 3 / h  


Read more: http://dinarvets.com/forums/index.php?/topic/202018-parliamentary-finance-ask-a-coin-category-50-000-dinars-will-increase-the-volume-of-inflation/#ixzz3ZGeFd7z3

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