Popular Post Sara Johnson Posted April 12, 2011 Popular Post Report Share Posted April 12, 2011 The central bank about to put the final touches on the draft to three zeros of the Iraqi dinar 12/04/2011 ad-11: 19 | readers number: 23 ________________________________ The Iraqi Central Bank declared, Tuesday, that is about to end of the draft to three zeros from the currency, pointing out that the project is strategically, will be submitted to the prime minister, if it is completed. The central bank's advisor said the appearance of Muhammad Saleh, in an interview to "Sumerian News", that " the draft الاصفار to three of the dinar is a strategic project and the central bank is about to put the final touches to the draft, the idea of theory into practice, close to an end, will be submitted to the ministers and MPs." Saleh said that "This project will reduce the cost of transactions and carrying money", adding that " Iraq is about to produce 6 to 12 million barrels of oil, which would impact on development and increase the value of the dinar Iraq." The Iraqi central bank adviser said that " the bank achieved three things over the last period, as was first to build reserves from zero to 50 billion dollars, in the meantime, the past five years to reduce inflation rates mainly to 34 percent from 4, or 3 percent, stability in dinar exchange Iraq." The Iraqi central bank adviser was the appearance of Mohamed Saleh, said in a previous interview to "Sumerian News", the bank's readiness to remove الاصفار from the Iraqi currency, pointing out that الاصفار, which was added to the Iraqi currency in the last period accounted for a huge cash block at 27 trillion Iraqi dinars. On the other hand, adviser to the Iraqi central bank, that "Iraq was for the first time the system of payments between banks and the transition to the electronic clearing away from hand and in which six banks and exchange instruments inter-bank electronic will link the Smart Card credit with the central bank," he said. He continued that " the central bank will be three years after the so-called the payments, which sets out protocols-is the infrastructure of Iraq." لمتخصصين Was preceded by Iraqis in the area of the economy that have played down the impact of the central bank should be deleted zeros of the purchasing power of the Iraqi dinar, and the government hopes for such a step, and researchers believe that the cost of the الاصفار will be the largest of the benefit, considering that currency strength measured its stability, which is based on the strength of the productive sector capable of the provision of goods and services. http://www.burathanews.com/news_article_122018.html 27 1 Link to comment Share on other sites More sharing options...
PacoTaco Posted April 12, 2011 Report Share Posted April 12, 2011 Hmmm 1 Link to comment Share on other sites More sharing options...
Niko Posted April 12, 2011 Report Share Posted April 12, 2011 Hmmm +1 2 Link to comment Share on other sites More sharing options...
Mrose001 Posted April 12, 2011 Report Share Posted April 12, 2011 Just curious why you are posting old news? 12/04/2011 ad-11: 19 | readers number: 23 6 13 Link to comment Share on other sites More sharing options...
Niko Posted April 12, 2011 Report Share Posted April 12, 2011 Just curious why you are posting old news? 12/04/2011 ad-11: 19 | readers number: 23 Its dated for today. Is this an old article? 1 Link to comment Share on other sites More sharing options...
AkinNAUY Posted April 12, 2011 Report Share Posted April 12, 2011 Translation is kind of blurry... The statement seem to be towards both; $.84 to $.86 or taking the (3) zeros across the board (LOP). JUST MY THOUGHT! Its dated for today. Is this an old article? It's actually; 12 April 2011 2 Link to comment Share on other sites More sharing options...
caz1104 Posted April 12, 2011 Report Share Posted April 12, 2011 Thanks Sara for the post.............................most interesting.......................................................GO RV 2011 BABY makes 3!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Link to comment Share on other sites More sharing options...
HYDRANT Posted April 12, 2011 Report Share Posted April 12, 2011 THANKS AGAIN SARA 1 Link to comment Share on other sites More sharing options...
Kandi77 Posted April 12, 2011 Report Share Posted April 12, 2011 Well it looks like something is moving in the right direction!!! Thanks Sara!!!!!!! Link to comment Share on other sites More sharing options...
AkinNAUY Posted April 12, 2011 Report Share Posted April 12, 2011 The last paragraph concerns me... Was preceded by Iraqis in the area of the economy that have played down the impact of the central bank should be deleted zeros of the purchasing power of the Iraqi dinar, and the government hopes for such a step, and researchers believe that the cost of the الاصفار will be the largest of the benefit, considering that currency strength measured its stability, which is based on the strength of the productive sector capable of the provision of goods and services. Link to comment Share on other sites More sharing options...
dinarlady Posted April 12, 2011 Report Share Posted April 12, 2011 this article means l o p. this article is awful. 5 8 Link to comment Share on other sites More sharing options...
Niko Posted April 12, 2011 Report Share Posted April 12, 2011 Akin, yeah I was asking mrose why they thought this was old news. I see it's dated today, thought maybe it was an old article. Link to comment Share on other sites More sharing options...
Mrose001 Posted April 12, 2011 Report Share Posted April 12, 2011 My bad sorry Sara....I forgot about international dates. Link to comment Share on other sites More sharing options...
lost one Posted April 12, 2011 Report Share Posted April 12, 2011 well that could be good...if they can get it to the PM, someday soon. Link to comment Share on other sites More sharing options...
AkinNAUY Posted April 12, 2011 Report Share Posted April 12, 2011 I'd like to see what others think of this... Was preceded by Iraqis in the area of the economy that have played down the impact of the central bank should be deleted zeros of the purchasing power of the Iraqi dinar, and the government hopes for such a step, and researchers believe that the cost of the الاصفار will be the largest of the benefit, considering that currency strength measured its stability, which is based on the strength of the productive sector capable of the provision of goods and services Link to comment Share on other sites More sharing options...
allinxpress Posted April 12, 2011 Report Share Posted April 12, 2011 Ok, this article.. is GREAT news. Remember. .the 3 zeros is this .00086 2 2 Link to comment Share on other sites More sharing options...
Islandgirl7 Posted April 12, 2011 Report Share Posted April 12, 2011 Very interesting Sara...thank you...if you click on Sara's link google will translate and you can fill in the missing words. I don't agree that this is a back end LOP it's sounds more like lifting the front. But hey what do I know.... Let's hope.... 3 Link to comment Share on other sites More sharing options...
paperboy Posted April 12, 2011 Report Share Posted April 12, 2011 You're a very smart lady - golfnsr said so himself! Link to comment Share on other sites More sharing options...
dinarlady Posted April 12, 2011 Report Share Posted April 12, 2011 maybe they didnt make it clear enough. they said remove the ZEROS FROM THE CURRENCY, for those who dont know what that is, it is what you are currently holding (currency) i am not saying that this article is real, but it 100% no doubt about it means lop, there are no if's and's or butts about it. put the koolaid down folks i want to wake up rich as well, but we will make 3 times (if you have $1000 invested you will get back $2-3000 back). trust me i have a masters in economics that is what this all means. 15 26 Link to comment Share on other sites More sharing options...
JohnnyZ Posted April 12, 2011 Report Share Posted April 12, 2011 In our opinion, it looks like they are done drawing in the currency with 3 zeros. They are going to start to use electronic cards for buying and selling goods and services. No more currency with 3 zeros in Iraq. I think the Iraqis believe that not having the large denoms, means they have no purchasing power. 3 Link to comment Share on other sites More sharing options...
booyah-chadly Posted April 12, 2011 Report Share Posted April 12, 2011 One must fear, yet respect the LOP 1 Link to comment Share on other sites More sharing options...
DeadGuy Posted April 12, 2011 Report Share Posted April 12, 2011 I'd rather have a tripled investment than my money being worthless. How will we trade our 25,000 notes for smaller ones? Just asking Link to comment Share on other sites More sharing options...
JuryPicker Posted April 12, 2011 Report Share Posted April 12, 2011 maybe they didnt make it clear enough. they said remove the ZEROS FROM THE CURRENCY, for those who dont know what that is, it is what you are currently holding (currency) i am not saying that this article is real, but it 100% no doubt about it means lop, there are no if's and's or butts about it. put the koolaid down folks i want to wake up rich as well, but we will make 3 times (if you have $1000 invested you will get back $2-3000 back). trust me i have a masters in economics that is what this all means. O goodness. A masters huh? You should know by now to not gauge anything coming out of Iraq. Bad News is Good News. Plus if you can't translate then you really don't know. Nothing to do with koolaid, 4 3 Link to comment Share on other sites More sharing options...
blessedman Posted April 12, 2011 Report Share Posted April 12, 2011 What does this mean to the so-called PLAN. Link to comment Share on other sites More sharing options...
dinarlady Posted April 12, 2011 Report Share Posted April 12, 2011 O goodness. A masters huh? You should know by now to not gauge anything coming out of Iraq. Bad News is Good News. Plus if you can't translate then you really don't know. Nothing to do with koolaid, listen, i am on your side. i said if its true. O goodness. A masters huh? You should know by now to not gauge anything coming out of Iraq. Bad News is Good News. Plus if you can't translate then you really don't know. Nothing to do with koolaid, listen, i am on your side. i said if its true. Link to comment Share on other sites More sharing options...
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