Theseus Posted December 28, 2019 Report Share 10 hours ago, fancy said: Thanks, your thoughts? Your welcome, have a nice day and a Happy New Year. 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted December 28, 2019 Report Share I have noticed the CBI doing the same with others currencies. Go CBI Go international Go RV Go new notes ( Lower denomination) 3 4 Quote Link to comment Share on other sites More sharing options...
denster Posted January 6, 2020 Report Share It looks like we are on the road for a long wait, sanctions on Iraq could hold us up for a long time if this is true. Quote Link to comment Share on other sites More sharing options...
Appoupon Posted January 7, 2020 Report Share (edited) I hope the FULL parliament ( including the Kurds and the Sunni) will not stand with the 'Iran' friendly Shiite members, as the Shiite were the only ones present for the vote. It was a non binding resolution, but it could change with the right support. Keep your fingers crossed that the rest will vote it down. My real question is how would the 'new' money affect our old dinar? Could it cause a problem cashing in? Despite my newbie assignment I've been here since 2010 and holding Dinar since 2006. Spent 7 1/2 years in the Middle East. Edited January 7, 2020 by Appoupon 4 Quote Link to comment Share on other sites More sharing options...
KaitlynnD Posted November 17, 2020 Report Share Oh wow, this is interesting even though I am a bit unfamiliar with this. I'm late with this thread and with that, I was actually wondering if Iraq's currency has really been upgraded? If yes, what happened to the older ones? Have they stopped in circulation? 1 1 1 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted February 13, 2021 Report Share On 11/16/2020 at 11:02 PM, KaitlynnD said: Oh wow, this is interesting even though I am a bit unfamiliar with this. I'm late with this thread and with that, I was actually wondering if Iraq's currency has really been upgraded? If yes, what happened to the older ones? Have they stopped in circulation? No, they haven't stopped using the 2003 notes we hold - they're still in circulation. RON 1 2 1 Quote Link to comment Share on other sites More sharing options...
southbeach Posted January 16, 2022 Report Share If CBI decides to initially float the currency, I can’t see how they can start out any less than 1.17 (for dedollarization for example), and then increase rate from there to possibly align with Kuwait, etc. 1 1 2 2 Quote Link to comment Share on other sites More sharing options...
RAN D B Posted May 30, 2022 Report Share On 7/11/2016 at 7:06 PM, four wheel drift said: I double dog dare Iraq to RV @ 1.18. Just Do It. FWD GO RV RIGHT ON BRO !!!! 1 2 Quote Link to comment Share on other sites More sharing options...
ErichK Posted July 15, 2022 Report Share Today, during his trip to the Middle East, among other things President Biden referenced Iraq. He mentioned Iraq to be connected to the GCC (Gulf Cooperation Council) electric grid thru Kuwait. If this plays out, it decreases reliance on Iraq. However , does that stabilize the economy and influence the Dinar to our benefit? If anyone has insight , I would be interested to know. Erich K. 1 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted July 16, 2022 Report Share 1 hour ago, ErichK said: Today, during his trip to the Middle East, among other things President Biden referenced Iraq. He mentioned Iraq to be connected to the GCC (Gulf Cooperation Council) electric grid thru Kuwait. If this plays out, it decreases reliance on Iraq. However , does that stabilize the economy and influence the Dinar to our benefit? If anyone has insight , I would be interested to know. Erich K. Great question! 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted November 25, 2022 Report Share Old but interesting The deputy governor of the Central Bank of the appearance of Mohammed Saleh: The project to delete the three zeroes from the Iraqi currency does not need to legislate a new law but needs to issue a regulation to serve as instructions as stipulated by the Central Bank Law. Saleh added in an earlier statement (of the Agency news): The Central Bank Law gave the full power of the monetary authority to change the structure of the Iraqi currency, or delete the zeros of which, and the executive and legislative familiar with it, noting that the project needs to be regulation as the instructions are published in the Official Gazette , and the central bank is now in the process configured 1 1 3 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted December 12, 2022 Report Share On 11/25/2022 at 1:13 AM, screwball said: The Central Bank Law gave the full power of the monetary authority to change the structure of the Iraqi currency, or delete the zeros of which, and the executive and legislative familiar with it, noting that the project needs to be regulation as the instructions are published in the Official Gazette , and the central bank is now in the process configured Who did they give it to? Or is it backwards like it's the Central bank who can change the rate only? Quote Link to comment Share on other sites More sharing options...
screwball Posted December 13, 2022 Report Share 10 hours ago, Officiallytook said: Who did they give it to? Or is it backwards like it's the Central bank who can change the rate only? yes I think it means Central bank 2 Quote Link to comment Share on other sites More sharing options...
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