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The mission of the new Iraqi dinar is to raise the price in the currency market


carlablum
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Economic : The mission of the new Iraqi dinar is to raise the price in the currency market

Dr. Saad Al Hassoun Hayali

The deterioration that took place in Iraqi dinars since the early eighties of the last century as a result of economic policies random non-scientific, which followed the Iraqi political system before,

Who pursued the policy of broad consumer spending Bcatrih military and civil cause of the deterioration of the Iraqi dinar to the bottom so that the purchasing power of the Iraqi dinar today fils Iraqi equivalent prices in 1988.

That monetary policy Iraqi conscious exercised by the Central Bank of Iraq's current political circumstances, economic, social, very difficult, and hanging over the fact of the bombings and the destruction of infrastructure, but the Iraqi Central Bank was able to achieve balance and stability of the Iraqi dinar, to maintain the cover of the Iraqi currency (reserve currency foreign and gold) in spite of government pressure, the use of this balance in public investment, but the Central Bank of Iraq has managed to fend off these pressures, and work according to the contexts of the global central banks

The issuance of the new Iraqi dinar should not be designed to delete the zeros, but must be placed a price equivalent to the U.S. dollar, the fact that the Middle East regions of the dollar, it must be new dinar equation:

New Iraqi Dinars IQD is equivalent to 1220 and added to the cost of issuing one new dinar.

And be here the issuance process meaningful is not the deletion of zeros, but the withdrawal of currency excess of the market and therefore absorb part of the inflated prices, and facilitate the process of trade, and improving financial control of the governmental apparatus, and to facilitate the feasibility studies for investment projects, and raise administrative efficiency. And reduce the phenomenon of administrative corruption.

http://www.google.co...n&hl=en&ie=UTF8

Edited by carlablum
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Economic : The mission of the new Iraqi dinar is to raise the price in the currency market

Dr. Saad Al Hassoun Hayali

The deterioration that took place in Iraqi dinars since the early eighties of the last century as a result of economic policies random non-scientific, which followed the Iraqi political system before,

Who pursued the policy of broad consumer spending Bcatrih military and civil cause of the deterioration of the Iraqi dinar to the bottom so that the purchasing power of the Iraqi dinar today fils Iraqi equivalent prices in 1988.

That monetary policy Iraqi conscious exercised by the Central Bank of Iraq's current political circumstances, economic, social, very difficult, and hanging over the fact of the bombings and the destruction of infrastructure, but the Iraqi Central Bank was able to achieve balance and stability of the Iraqi dinar, to maintain the cover of the Iraqi currency (reserve currency foreign and gold) in spite of government pressure, the use of this balance in public investment, but the Central Bank of Iraq has managed to fend off these pressures, and work according to the contexts of the global central banks

The issuance of the new Iraqi dinar should not be designed to delete the zeros, but must be placed a price equivalent to the U.S. dollar, the fact that the Middle East regions of the dollar, it must be new dinar equation:

New Iraqi Dinars IQD is equivalent to 1220 and added to the cost of issuing one new dinar.

And be here the issuance process meaningful is not the deletion of zeros, but the withdrawal of currency excess of the market and therefore absorb part of the inflated prices, and facilitate the process of trade, and improving financial control of the governmental apparatus, and to facilitate the feasibility studies for investment projects, and raise administrative efficiency. And reduce the phenomenon of administrative corruption.

http://www.google.com/translate?u=http%3A%2F%2Fwww.alsabaah.com%2F&langpair=ar|en&hl=en&ie=UTF8

Now we are getting somewhere. Lets just hope and pray that they will follow through with this. Best article I have seen in ages. God Bless all that have invested in this country.

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Economic : The mission of the new Iraqi dinar is to raise the price in the currency market

Dr. Saad Al Hassoun Hayali

The deterioration that took place in Iraqi dinars since the early eighties of the last century as a result of economic policies random non-scientific, which followed the Iraqi political system before,

Who pursued the policy of broad consumer spending Bcatrih military and civil cause of the deterioration of the Iraqi dinar to the bottom so that the purchasing power of the Iraqi dinar today fils Iraqi equivalent prices in 1988.

That monetary policy Iraqi conscious exercised by the Central Bank of Iraq's current political circumstances, economic, social, very difficult, and hanging over the fact of the bombings and the destruction of infrastructure, but the Iraqi Central Bank was able to achieve balance and stability of the Iraqi dinar, to maintain the cover of the Iraqi currency (reserve currency foreign and gold) in spite of government pressure, the use of this balance in public investment, but the Central Bank of Iraq has managed to fend off these pressures, and work according to the contexts of the global central banks

The issuance of the new Iraqi dinar should not be designed to delete the zeros, but must be placed a price equivalent to the U.S. dollar, the fact that the Middle East regions of the dollar, it must be new dinar equation:

New Iraqi Dinars IQD is equivalent to 1220 and added to the cost of issuing one new dinar.

And be here the issuance process meaningful is not the deletion of zeros, but the withdrawal of currency excess of the market and therefore absorb part of the inflated prices, and facilitate the process of trade, and improving financial control of the governmental apparatus, and to facilitate the feasibility studies for investment projects, and raise administrative efficiency. And reduce the phenomenon of administrative corruption.

http://www.google.co...n&hl=en&ie=UTF8

Here is screen print of article.

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Economic : The mission of the new Iraqi dinar is to raise the price in the currency market

Dr. Saad Al Hassoun Hayali

The deterioration that took place in Iraqi dinars since the early eighties of the last century as a result of economic policies random non-scientific, which followed the Iraqi political system before,

Who pursued the policy of broad consumer spending Bcatrih military and civil cause of the deterioration of the Iraqi dinar to the bottom so that the purchasing power of the Iraqi dinar today fils Iraqi equivalent prices in 1988.

That monetary policy Iraqi conscious exercised by the Central Bank of Iraq's current political circumstances, economic, social, very difficult, and hanging over the fact of the bombings and the destruction of infrastructure, but the Iraqi Central Bank was able to achieve balance and stability of the Iraqi dinar, to maintain the cover of the Iraqi currency (reserve currency foreign and gold) in spite of government pressure, the use of this balance in public investment, but the Central Bank of Iraq has managed to fend off these pressures, and work according to the contexts of the global central banks

The issuance of the new Iraqi dinar should not be designed to delete the zeros, but must be placed a price equivalent to the U.S. dollar, the fact that the Middle East regions of the dollar, it must be new dinar equation:

New Iraqi Dinars IQD is equivalent to 1220 and added to the cost of issuing one new dinar.

And be here the issuance process meaningful is not the deletion of zeros, but the withdrawal of currency excess of the market and therefore absorb part of the inflated prices, and facilitate the process of trade, and improving financial control of the governmental apparatus, and to facilitate the feasibility studies for investment projects, and raise administrative efficiency. And reduce the phenomenon of administrative corruption.

http://www.google.co...n&hl=en&ie=UTF8

Very good post Carla, YOU are truely a member of the team and I so welcome you. What they did not say in this release was that Dr Hayali and members of the Ministry of Finance had a meeting with officials from the WORLD TRADE ORG. who AGAIN advised the Iraqi that the dinar HAD TO BE RV'd closer or equivlant to the USD value. Shabibi and the CBI have IMO known for a while what the value of the dinar is as possibly being used in the figures of the 2011 budget. It really looks like it is all coming together. Keep your fingers crossed and hope for the best SOON>

Edited by viper51
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Very good post Carla, YOU are truely a member of the team and I so welcome you. What they did not say in this release was that Dr Hayali and members of the Ministry of Finance had a meeting with officials from the WORLD TRADE ORG. who AGAIN advised the Iraqi that the dinar HAD TO BE RV'd closer or equivlant to the USD value. Shabibi and the CBI have IMO known for a while what the value of the dinar is as possibly being used in the figures of the 2011 budget. It really looks like it is all coming together. Keep your fingers crossed and hope for the best SOON>

Viper51, thank you so much for the kind words and I am honored to be here. I respect you very much and it seems that when you talk of something that is needing to happen or that will happen, you are right on. I think we are much closer than ever and I am hoping everything falls in place soon for everyone.

Lets just RVVVVVVVVVVVVVVVVV already!!!!!!!!!!!!!!!!!!!!!!!!!

Carlasmile.gif

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