newbieDA Posted September 9, 2015 Report Share Posted September 9, 2015 (edited) Parliamentary economy: the currency of the 50 thousand dinars will be issued soon and the postponement of the launch of the 100 thousand category The number of visits: 178 Published on: Today, 18:43 Published by: Messenger Delphi Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani revealed on Wednesday, near the currency for the 50 thousand dinars launch in the markets, declaring "the postponement of the launch of the 100 thousand class". Bolani said "the launch of the currency's decision came in consultation with the central bank and the province of any category of cash issue is considered as a kind of security and innovation in the labor market and monetary policy of the country." He added that "Iraq is facing some challenges, but his position is not as dangerous as some believe, noting that" Iraq's a lot of capacity and fixed assets that it can cover any currency. " Bolani referred to "coin near the 50 thousand dinars unlikely to launch at the same time 100 thousand dinars, the currency issue at this time." It is said that the CBI is now dealing with a class [25] thousand Iraqi dinars at a time when the country is experiencing a financial crisis due to low oil prices, and warns some specialists 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. http://translate.google.com/translate?js=n&prev=_t&ie=UTF-8&tl=en&u=http%3A%2F%2Ffk-news.com%2F44618-%25D8%25A7%25D9%2584%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF%2B%25D8%25A7%25D9%2584%25D9%2586%25D9%258A%25D8%25A7%25D8%25A8%25D9%258A%25D8%25A9%253A%2B%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9%2B%25D8%25A7%25D9%2584%25D9%258050%2B%25D8%25A7%25D9%2584%25D9%2581%2B%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%2B%25D8%25B3%25D8%25AA%25D8%25B5%25D8%25AF%25D8%25B1%2B%25D9%2582%25D8%25B1%25D9%258A%25D8%25A8%25D8%25A7%2B%25D9%2588%25D8%25AA%25D8%25A3%25D8%25AC%25D9%258A%25D9%2584%2B%25D8%25A7%25D8%25B7%25D9%2584%25D8%25A7%25D9%2582%2B%25D9%2581%25D8%25A6%25D8%25A9%2B%25D8%25A7%25D9%2584%25D9%2580100%2B%25D8%25A7%25D9%2584%25D9%2581.html Edited September 9, 2015 by newbieDA 1 1 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted September 9, 2015 Report Share Posted September 9, 2015 oh no Link to comment Share on other sites More sharing options...
newbieDA Posted September 9, 2015 Author Report Share Posted September 9, 2015 (edited) Parliamentary reveal the economy's / scales News / printing currency and put the "50" A Danar..gariba Economy and Tenders Since 09/09/2015 20:08 pm (Baghdad time) Special - scales News It revealed a member of the economic and investment commission parliamentary Najiba Najib, Wednesday, for printing the currency, "50 is complete," thousand Iraqi dinars, while confirming that it will go on the market soon. She said Najib's / scales News / "The government has completed printing the currency of the class" 50 "for one thousand dinars in foreign countries," indicating that "putting this category in the market will have a very significant positive role." She said a member of the economic and investment commission in Parliament that "the winning of inflation in the market push the central bank into the currency of the largest to reduce the size of the currencies used size", revealing at the same time issuing "The currency will go on the market in the next few months and by the end of this year." It is said that "economic expert contrary goldsmith confirmed L / scales News /, earlier, that the issuance of new categories of currency is just an action to facilitate financial transactions in the market," .anthy 29/9 P http://translate.google.com/translate?js=n&prev=_t&ie=UTF-8&tl=en&u=http%3A%2F%2Fwww.mawazin.net%2F%25D8%25A7%25D9%2584%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF-%25D8%25A7%25D9%2584%25D9%2586%25D9%258A%25D8%25A7%25D8%25A8%25D9%258A%25D8%25A9-%25D8%25AA%25D9%2583%25D8%25B4%25D9%2581-%25D9%2584-%25D9%2585%25D9%2588%25D8%25A7%25D8%25B2%25D9%258A%25D9%2586-%25D9%2586%25D9%258A%25D9%2588%25D8%25B2-%25D8%25B9%25D9%2586-%25D8%25B7%25D8%25A8%25D8%25A7%25D8%25B9%25D8%25A9-%25D9%2588%25D8%25B7%25D8%25B1%25D8%25AD-%25D8%25B9%25D9%2585%25D9%2584%25D8%25A9-%25D8%25A7%25D9%258450-%25D8%25A3%25D9%2584%25D9%2581-%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%25D9%2582%25D8%25B1%25D9%258A%25D8%25A8%25D8%25A7 Edited September 9, 2015 by newbieDA 1 Link to comment Share on other sites More sharing options...
davis411 Posted September 9, 2015 Report Share Posted September 9, 2015 oh no i think i have to agree with u Link to comment Share on other sites More sharing options...
newbieDA Posted September 9, 2015 Author Report Share Posted September 9, 2015 oh no 2 Link to comment Share on other sites More sharing options...
jg1 Posted September 9, 2015 Report Share Posted September 9, 2015 I won't believe it till I see a picture of one on the streets Link to comment Share on other sites More sharing options...
newbieDA Posted September 9, 2015 Author Report Share Posted September 9, 2015 I won't believe it till I see a picture of one on the streets totally agree, I am not taking this to heart either, show us then we'll believe Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted September 9, 2015 Report Share Posted September 9, 2015 I am hoping there is something in the translation that is off Link to comment Share on other sites More sharing options...
TrinityeXchange Posted September 9, 2015 Report Share Posted September 9, 2015 by now i think we've learned to take all this sort of "soon" speech with a grain of salt. heck they were suppose to delete the zeros by a drop dead date of september 2013. HA! i remember going an entire year eagerly wondering what would happen - rookie. we are much more tempered now. we read this stuff and yawn. 2 Link to comment Share on other sites More sharing options...
Texstorm Posted September 9, 2015 Report Share Posted September 9, 2015 I'll say it ! BS !! It's the same way that everyone else says but I feel better when I say it ! Come on Iraq show us the lower denoms ! Link to comment Share on other sites More sharing options...
newbieDA Posted September 9, 2015 Author Report Share Posted September 9, 2015 Conscious / parliamentary economy: the currency of the 50 000 dinars will be issued soon and the postponement of the launch of the 100 thousand category 9/9/2015 Conscious / N.kh Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani revealed on Wednesday, near the currency for the 50 thousand dinars launch in the markets, declaring "the postponement of the launch of the 100 thousand class". Bolani said in a press statement I followed (and the Iraqi News Agency Information / INA) that "the decision to launch the currency came in consultation with the central bank and the province of any category of cash issue is considered as a kind of security and innovation in the labor market and monetary policy of the country." He added that "Iraq is facing some challenges, but his position is not as dangerous as some believe, noting that" Iraq's a lot of capacity and fixed assets that it can cover any currency. " Bolani referred to "coin near the 50 thousand dinars unlikely to launch at the same time 100 thousand dinars, the currency issue at this time." http://hamrinnews.net/i/78340.html Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted September 9, 2015 Report Share Posted September 9, 2015 I won't believe it till I see a picture of one on the streets You won't see it cause they can't show that they are referring to the new 50dinar which will be equal to 50,000dinars at today's value. Ask yourself, why did they discontinue only the old 50dinar note? Why postpone the 100 note? In the questions lies the answers. 7 Link to comment Share on other sites More sharing options...
davis411 Posted September 9, 2015 Report Share Posted September 9, 2015 You won't see it cause they can't show that they are referring to the new 50dinar which will be equal to 50,000dinars at today's value. Ask yourself, why did they discontinue only the old 50dinar note? Why postpone the 100 note? In the questions lies the answers. hey Lgd you could write fortune cookies makes sense what u said, 2 Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted September 9, 2015 Report Share Posted September 9, 2015 hey Lgd you could write fortune cookies makes sense what u said, OK, let me give it a try. Here's your fortune...... Today is your luckiest day, you will SOON be as rich as you are good looking. Tip-hat 2 Link to comment Share on other sites More sharing options...
MANNY99 Posted September 9, 2015 Report Share Posted September 9, 2015 (edited) From 2012 : Iraq planning new 50,000-dinar note Mar 08, 2012 11:45 AM Category: Middle East According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in addition to coins in both Arabic and Kurdish in an effort to address the liquidity problem in Iraq. Currently the largest denomination in Iraq is the 25,000-dinar note (Pick 96). The new currency will include symbols that reflect the diversity of Iraq’s sects and cultures including the Kurdish culture. “Iraq needs to support its economy and its currency through the issuance of a currency similar to foreign ones like the $100 bill,” Saleh added.Keep in mind, for the past four years Iraq has reportedly been attempting to revalue its currency, and just last month it was reported that new notes would be issued in September 2012. Edited September 9, 2015 by MANNY99 11 Link to comment Share on other sites More sharing options...
davis411 Posted September 9, 2015 Report Share Posted September 9, 2015 The TRUTH is coming True... sept 2012 so did i miss the rv, everyone cashed in except me wow my wife is right i am slow Link to comment Share on other sites More sharing options...
four wheel drift Posted September 9, 2015 Report Share Posted September 9, 2015 43÷50=.86. Just hoping FWD soon,lol 3 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted September 9, 2015 Report Share Posted September 9, 2015 US$43), but marked as 50 dinar ok so in cat math that is like......oh yea did not see your post drift....... (great minds) Link to comment Share on other sites More sharing options...
davis411 Posted September 9, 2015 Report Share Posted September 9, 2015 US$43), but marked as 50 dinar ok so in cat math that is like......oh yea did not see your post drift....... (great minds) drinks on snow Link to comment Share on other sites More sharing options...
Laid Back Posted September 9, 2015 Report Share Posted September 9, 2015 We will see the release of lower denomination notes with new value soon. 50k and 100k notes is BS.! Get ready for more purchasing power. 3 Link to comment Share on other sites More sharing options...
davis411 Posted September 9, 2015 Report Share Posted September 9, 2015 We will see the release of lower denomination notes with new value soon. 50k and 100k notes is BS.! Get ready for more purchasing power. purchasing power good i could use a little Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted September 9, 2015 Report Share Posted September 9, 2015 (edited) From 2012 : Iraq planning new 50,000-dinar note Mar 08, 2012 11:45 AM Category: Middle East According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in addition to coins in both Arabic and Kurdish in an effort to address the liquidity problem in Iraq. Currently the largest denomination in Iraq is the 25,000-dinar note (Pick 96). The new currency will include symbols that reflect the diversity of Iraq’s sects and cultures including the Kurdish culture. “Iraq needs to support its economy and its currency through the issuance of a currency similar to foreign ones like the $100 bill,” Saleh added.Keep in mind, for the past four years Iraq has reportedly been attempting to revalue its currency, and just last month it was reported that new notes would be issued in September 2012. Essentially that is what I was saying, though as Shabibi stated,"with a small increase in value", during a press conference back in 2012. Therefore, I think somewhere between $1.11 to $2.50 What gets lost in translation is how they explain the new notes and what they intend to do with the old notes. Again, folks, why did the CBI just discontinue the old 50 dinar note? If we've learned nothing in all these yrs have we not learned that central banks don't do anything just for the sake of doing something? And the reason that no economist can explain any of this to anyone is just as simple as changing the .0086 to .86 plus some change. Because what they say there gonna do and macroeconomics are NOT the same thing. What the CBI has been claiming to want to do for yrs now is something that quite frankly cannot be verified to have ever been done before. Yet macroeconomics aside why is it that so many think the CBI can't simply say the rate is whatever they want it to be? They own most of the currency, they are the least in debt country on the planet, Oh and they also got trillions of dollars worth of oil/gold/and the most fertile farmland in the world. What part of this is so confusing? They are beholden to no one. Not even Iran has the power over Iraq that they used to. Fiscally speaking Iraq is already the superpower of the world. So don't let the muddy waters of modern day media discourage you. They have stated there plan from the beginning, and it is now coming to fruition. I know that there are those who say, "we've heard all this before", "It's Sept/Oct and time for the delete the zeros articles". Well those who only see the glass as halve full, are incapable of seeing the most major difference from before and today. That being The ABADI, How many times did we read Dr. Shabibi tell us that he needed a stable GOI? How many times did he say that he needed security? What you think that ISIS is still a prob.? PLEASE, look at this The collapse of the system of internal} {Daash Read more: http://dinarvets.com/forums/index.php?/topic/207993-the-collapse-of-the-system-of-internal-daash/#ixzz3lHbifvRx Still need more evidence of the pathetic joke that ISIS has become? They can't even control the women they stole, Iraqi Woman Forced Into Sex Slavery Kills ISIS Commander Read more: http://dinarvets.com/forums/index.php?/topic/207958-iraqi-woman-forced-into-sex-slavery-kills-isis-commander/#ixzz3lHcJdofo When this sorry POS SUDDENLY came onto the scene I said then that ISIS would vanish as quickly as they appeared. And they will, even as we see it happening now. How many times did Dr. Shabibi say that corruption must not be allowed? And how much does Abadi need to do before people will believe he means business? What you think Maliki and the few thugs he still has left can stop Abadi. What you think that Abadi doesn't have a plan to remove Maliki from the scene? Take a look at this Tehran disturbed by Abadi reforms to topple Iranian advisers Read more: http://dinarvets.com/forums/index.php?/topic/207971-tehran-disturbed-by-abadi-reforms-to-topple-iranian-advisers/#ixzz3lHapvKAr And to think they actually have the nerve to call their puppets of the SOL, Advisers. And with EVERYTHING surrounding this month does anyone really still think that nothing is going to happen? I love our Professor T, and all the others here that have taught us all so much about economics, but I simply don't believe for a second that this event is going to follow the normal paths of economic evolution. Nothing they have done has ever been normal. Why would they start now? My friends very soon here we're going to wake up and SUDDENLY be shocked beyond our wildest imaginations I also wanted to remind everyone of that which we know so well. In the parliamentary economy by calling for the deletion of zeros and the issuance of Banknotes small to strengthen the dinar Read more: http://dinarvets.com/forums/index.php?/topic/207917-in-the-parliamentary-economy-by-calling-for-the-deletion-of-zeros-and-the-issuance-of-banknotes-small-to-strengthen-the-dinar/#ixzz3lHhegPlf Folks they are advertising there next move. Edited September 9, 2015 by ladyGrace'sDaddy 12 Link to comment Share on other sites More sharing options...
ezrapound Posted September 9, 2015 Report Share Posted September 9, 2015 Sounds logical to me LGD. Hope you're right. 1 Link to comment Share on other sites More sharing options...
socaljeepnut Posted September 9, 2015 Report Share Posted September 9, 2015 Hats off to you LGD. But now my head hurts> 1 Link to comment Share on other sites More sharing options...
SocalDinar Posted September 10, 2015 Report Share Posted September 10, 2015 Hopefully everyone is right and this is not going to happen. One thing is certain and that is at today's rate they sure could use a larger note. Heck with inflation caused by the Fed's Ponzi scheme we need a larger note than the $100.00 Link to comment Share on other sites More sharing options...
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