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VIZIOIRAQI

Central Bank: Our next issue of currency cash allowance damaged

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Central Bank: Our next issue of currency cash allowance damaged

On: Friday 18/03/2011 10:24AM

Baghdad (news) .. An advisor of the Central Bank of the appearance of Mohammed Saleh, said that our future work on the issuance of currency.

Saleh said in a statement (of the Agency news) today: "that our future is to work on the issue of currency within the system of cash currency reform to help, but this program takes time.

Saleh added: "The policies of the Central Bank of damage and the burning of damaged currency after investigating the cause of damage and there are conditions and instructions prior to splurge, noting that there are some people who offended in use. "

He said the central bank adviser: "Iraq currently trading currency in Mtzmrp because he is one of the developing countries and underdeveloped in the use of money, so the Central Bank of the receipt of all categories and the be destroyed within the standards and laws in line with the rules of the Bank". / Finished / (12 t. m) .

http://ikhnews.com/news_view_10128.html

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This sounds like he is talking about "burning" damaged currency, and in preparation of "issuance" of "new", could be smaller notes, could be just removing and destroying damaged notes, could be release of notes with Kurd language, statement says... "that our future is to work on the issue of currency within the system of cash currency reform to help, but this program takes time." Could be all of the above, could be nothing, after all this is a statement from Saleh. We will have to keep watch and see if any follow up articles along the same lines appear. Thanks again Vizio.

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Remember Saleh's history. I call him the MOM or Minister of Misdirection.

If you see his name just stop reading.........

I agree!

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kinda sounds like if they had some lower denoms to put in circulation someone burn um up. maybe thats what was burning in the small fire at the central bank last month. uuummm go rv,,,,,,,,

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Baghdad (news) .. An advisor of the Central Bank of the appearance of Mohammed Saleh, said that our future work on the issuance of currency.

Saleh said in a statement (of the Agency news) today: “that our future is to work on the issue of currency within the system of cash currency reform to help, but this program takes time.

Saleh added: “The policies of the Central Bank of damage and the burning of damaged currency after investigating the cause of damage and there are conditions and instructions prior to splurge, noting that there are some people who offended in use.”

He said the central bank adviser: “Iraq currently trading currency in Mtzmrp because he is one of the developing countries and underdeveloped in the use of money, so the Central Bank of the receipt of all categories and the be destroyed within the standards and laws in line with the rules of the Bank.

currency news hound. COM

Edited by double_duce_duce
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Thx for the post, DblD. I'm unfamiliar with "Mtzmrp" :unsure: Stoopid translate software.

Yes, it would be helpful to know what that translation is actually.

smee2

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THANKS FOR THE POST DBLDD BUT WHAT WAS THAT ENGLISH? SO THEY ARE (LIKE THE USA) GOING TO START ON THE CURRENCY AND CLEAN OUT THE OLD BILLS PROPERLY AND ISSUE NEW BILLS?

HOPEFULLY LOWER DENOMS FOR THE RV! cool.gif

WELL IT SOUNDS LIKE THEY ARE FINALLY THNKING ABOUT THE FACT THAT THE AVERAGE IRAQI CARRIES A "BAG" OF BILLS JUST TO GO TO THE STORE!

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