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New catagories of 20,50 blah blah blah?


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48 minutes ago, Botzwana said:

Central bank: 2017 will see the issuance of new cash categories

Central bank: 2017 will see the issuance of a new monetary categories

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

“The Yasiri that” the central bank began to study the development of new designs for the currency after the removal of zeros it, “noting that” the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. ”

Likely launch a new category of the beginning of the currency in 2017 because there are a number of opponents of the project, “pointing out that” monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency. ”

Botzwana Thanks,  DV,  I thought the CBI was told to defer delete the zeros project per agreement with the U.S.A.  They just cannot help themselves because at some point the RV / RI of the IQD is in fact inevitable IMHO.    We do believe the new categories will be coins, 1, 5, 10, 20, 50, 100 notes possibly.    They keep telling us what they will or will not do and just one day we all will be surprised of the outcome hopefully very positive for Iraqi citizens & DV.    JUST DO IT!!

 

Always keeping the faith!!

 

GO RV!!

Edited by tigergorzow
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7 minutes ago, HowieC said:

Unfortunately this article has been fabricated by this "365" guy..It's dated today from the CBI.....Plus the title states  it happening in "January". The original article is from 2015.

 

good catch  Howie  .   and it kind of leaves  currencies  hanging 

 

1 hour ago, tigergorzow said:

category 50, 100 and 200 to

if true  the 50  what would this one be from ? { 50,ooo  note  }   100 {  I do not think there is a 100,ooo  note is their }  200   { no 200,ooo  notes } so it doesn`t ring true for an  article  

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Do you imagine the CBI telling the world something like this:

CBI, In 2017 we will increase the dinar exchange rate against the dollar or  CBI, 2017 we will release new coins and lower denomination notes 1,5,10, 20, 50,100 with more value

We will NEVER see a statement like that from the CBI.

We are sitting on a gold mine... Just relax a wait... It's coming.!

Go 2017

Go new monetary policy

Go RV

 

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4 minutes ago, Laid Back said:

Do you imagine the CBI telling the world something like this:

CBI, In 2017 we will increase the dinar exchange rate against the dollar or  CBI, 2017 we will release new coins and lower denomination notes 1,5,10, 20, 50,100 with more value

We will NEVER see a statement like that from the CBI.

We are sitting on a gold mine... Just relax a wait... It's coming.!

Go 2017

Go new monetary policy

Go RV

 

Agreed brother, we will never know when this thing will roll out. We will awake one day and boom!!!! simple as that :cigar:

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...We already know that the CBI has vaults full of the old coins with the proper stamping on them to allow them to be used as the LD coin type currency...These coins were considered useless by the public but Shabibi (before he had to go in exile from Maliki) knew that eventually these coins were going to play a major role in Iraq's monetary future, Shabibi collected and stored these coins for further use...All ME countries have paper LD currency to equal their LD currency...As compared to our one dollar bill and our one dollar coin....There were articles back in the middle of the summer that basically said the LD notes had been printed and were delivered to the central banks....These articles about the LD notes being printed were some of the defining issues that had some of us thinking August and September were our RV timeframe...

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1 hour ago, tigergorzow said:

Botzwana Thanks,  DV,  I thought the CBI was told to defer delete the zeros project per agreement with the U.S.A.  They just cannot help themselves because at some point the RV / RI of the IQD is in fact inevitable IMHO.    We do believe the new categories will be coins, 1, 5, 10, 20, 50, 100 notes possibly.    They keep telling us what they will or will not do and just one day we all will be surprised of the outcome hopefully very positive for Iraqi citizens & DV.    JUST DO IT!!

 

Always keeping the faith!!

 

GO RV!!

I wonder what the #@!% feminine Iraqi currency will look like???   Does this mean that the new dinar will have Kate Upton on it????

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first 20 days ...  either a budget in the gazette ,  and or a change in the value !   zero project , notes out  , and large notes in ,with a time line of 10 years !  with side by side existence, on the streets!  and a value of around a 1 too1 or there about !    

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50 minutes ago, tigergorzow said:

HowieC Thanks,  DV,  Can someone provide the original article from 2015?

MOD's, Please remove if not authorized.

 

This is from Bondlady's Corner articles from 2015.   RIP Bondlady!!

 

Central Bank project to delete the zeros will be applied beginning of the year 2017

25/6/2015


And independent Iraqi news agency and /. X stressed Governor of the Central Bank of Iraq, Thursday, that the project to delete the zeros will be applied in early 2017, indicating that the Bank began the development of the first steps of the project. and he said: "The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency", returned him as "that strategic project will serve the country's economy." He added that "the Bank is working on the mechanisms used to implement this project is expected to start by the beginning of 2017," noting that "the central bank began the first steps of the project through the selection of designs, companies and the country that will be done Print currencies ". He noted that "the introduction of new currency does not mean the destruction of the old currencies, but it will continue to trade to about ten years," pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the
mechanics will maintain market liquidity." Finance Committee and was in former House revealed in, (August 15, 2013), the postponement of the process of removing zeros from the currency until after the next parliamentary elections, while confirming that the government is demanding guarantees for non-substituent currency return to markets and forgery. The Central Bank of Iraq confirmed, in the (April 25, 2013 ), that there is no intention at this time to restructure the currency and delete the three zeroes of them, denying the reports in this regard. It is noteworthy that the General Secretariat of the Council of Ministers announced (April 12, 2012), for a patient in the application of the process of deletion of zeros from the national currency, which had to be Stop all procedures associated with the operation mentioned until further notice. It is noteworthy that some economists believe that Iraq is not formatted for the time being for the deletion of zeros from the dinar, pointing out that the deletion needs to be a security and political stability as well as economic stability.




http://www.ina-iraq.net/content.php?id=27583

 

Central bank: 2017 will see the issuance of new cash categories

06/25/2015


Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency,

Counting Director General Release and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project in early 2017.oodhav "Yasiri that" the Central Bank began to develop a new study designs for the currency after the removal of zeros it, "noting that "Deleted currency zeros will deliberate for two years in the local markets, as the bank continues to center to pull the old category of the currency over ten years." He said that "it is likely the launch of the new category from the beginning of the currency in 2017 because there are a number of opponents of the project", pointing out that "Asaddaramlat category of cash 50, 100 and 200 to ease trading currency burdens after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency" .oorteur CBI earlier, re-exchange companies deprived of the central auction of the coin and an end to a period of Aqhobthm.fima the central bank decided to open window at his headquarters in Baghdad to meet delegates and studying abroad in dollars and requests the official price.


http://www.aladalanews.net/index.php?show=news&action=article&id=129423
 

 

Edited by tigergorzow
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