Iraqi currency is not in contact with small to handle the local and the Ministry of Finance does not have the solutions / Investigations

[PPG]

*الع* Iraq who first discovered the coin deals today without a coin

Clean currency sold for a price to those who pay more and there are agents for this

*ما Maijmah beggars distributed to staff through government banks

. . Before you start investigating your Iraqi currency from the beginning of its inception until today and the roles that he passed out the most important countries that have helped print the time of cancellation of small change and the crisis flared up, which did not attempt the ministry to find a solution to it, forgetting or ignoring the situation became intolerable in the local market as a result of the abolition of currency in small and its implications citizen who is suffering from neglect charge without finding solutions and to identify the reader Quran in Iraqi currency بعد احتلال العراق من قبل القوات البAfter the occupation of Iraq by British forces in World War I, the authority introduced by the British Indian Rupee as the official currency instead of the Ottoman lira. . In 1931 decided to establish a Council of Iraqi currency be the responsibility of issuing currency, Iraqi special 'with Law No. 44 of 1931 which provided for the issuance of Iraqi dinars, The banknotes of the class quarter and a half dinars and one dinar and five dinars, ten dinars, hundred dinars. امAs for coins, it is the category of penny and Filsin and 4 fils and 10 fils and 20 fils and 50 fils and 200 fils or Real. وقد اThe Council continued to issue the Iraqi currency notes and coins until the establishment of National Bank of Iraq in 1947. . In 1954, the Iraqi Central Bank was established, which became responsible for issuing the Iraqi currency. The Iraqi dinar throughout that period is linked to the pound sterling as its value goes up and down according to the vagaries of the British economy. كا. All the versions of the Iraqi currency at the royal era, the metal or paper bearing the image of the king of Iraq. After the coup of July 14, 1958, the Central Bank of Iraq issued a new version of banknotes and coins, bearing the logo of the new republic. . Has been pegging its dinar to pound sterling and U.S. dollar peg. وق ال Have been issued new issues of paper currency in 1971 and 1973 and 1978. And the Iraqi dinar has suffered steady deterioration of the value after the Iran-Iraq war began, where it has fallen from 3 and $ 3 for dinars in 1980 to about 4 dinars to the dollar in 1988.

http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://al-iraqnews.net/new/local-news/29391.html&rurl=translate.google.com&twu=1

After the invasion of Kuwait and the end of the second Gulf War and as a result of the economic blockade imposed on Iraq and the inability to issue the Iraqi dinar, which was printed in the Press Switzerland Iraqi government began printing the Iraqi dinar in the presses Iraqi lacked the technology for the printing of currency attributes of a good, which led to the spread of operations extensive fraud in the Iraqi currency to mention the severe collapse in the value of the Iraqi dinar as a result of the blockade as it reached the value of the Iraqi dinar in 1995 to low levels and the U.S. dollar equals 3000 dinars Iraq.

As a result of the deterioration of the value of the Iraqi dinar Iraqi Central Bank began issuing coins were not unusual in the past In 1991, banknotes were issued from the category of 50 and 100 dinars and 250 dinars in 1995. وفي In 2002 the bank issued a coin worth 10,000 dinars Iraq. و The Iraqi citizen a huge packages of the coin category with 250 dinars for the purchase of simple materials. و الAnd the Iraqi dinar Aljdidakb invasion of coalition forces led by the United States of America and the occupation of Baghdad on April 9, 2003 the Coalition Provisional Authority to issue Iraqi dinars new of October 15, 2003 to January 15, 2004 where the new currency is printed in printing presses Delaro in Britain and were printed with good quality are difficult to falsify was used in all across Iraq including the Kurdistan region in northern Iraq and has been the process of switching the currency as replace each print dinars in Iraq or China, either a new Iraqi dinar, the Iraqi dinar printed in Switzerland Vtm replaced with 150 new dinars.

يCategories range from the new currency of 50 250, 1000, 5000.10000 to 25000 dinars, and designs similar to the designs issued by the Central Bank of Iraq in the seventies and early eighties of the last century as they were not Iraqi currency bearing the image of former President Saddam Hussein. ق Has been to produce a paper of a class of 500 dinars in 2004. في 2 ين January 2, 2005 in the Iraqi Central Bank issued currencies cans category and the category of 25 dinars 100 dinars, and then was released a piece of class fifty dinars and later in 2004. As a result of the low value of coins and poor circulation among citizens has been withdrawn from circulation in 2009.

كا The value of the new Iraqi dinar when you put 4000 dinars per U.S. dollar and arrived at a certain period to 980 dinars per dollar, but it finally settled at 1170 dinars per U.S. dollar. Media News Agency / INA wandered between citizens and learned from some officials on some of the reasons why the citizen plays on the possession of the currency and the reason for the small tiffs morning in taxis, shops and markets as a result of consumption without regard to currency, which replaced the crisis Ibb intimal What is the reason that this Masnaraf part in this investigation

Boil the street from the crisis and is interested in a coma

**المCitizen Ahmed Ali Kia driver, saying, Tell us start our worries from morning to night due to lack of العملة الصغيرة Currency small وAnd availability in the market today defective and torn Atstqubl and markets for these currencies and the citizen and rejected blame us if Rvdhanaha This situation is ongoing and responsible for what is happening on the street Edery

Money torn sold to operators of beggars and the bank distributes its own way

* Another driver intervention, saying we're getting torn currency and sell the contractor Almtsoliyn man who buys a small change to beggars at less ينقLacking 5000 five thousand dinars per مائ One hundred thousand dinars, and Ibaha and deposited in turn to the bank and pay for the amount of money to the group the cashier and the cashier stuffing between sound money and in case of a claim for rotation a customer of any client transaction with the bank to pay a certain amount of the cashier against the dollar clean and the bank will then pay for the salaries of staff and institutions that deal with and who Aidfon bribes against the dollar so clean and start suffering from the bank to the street to the market and you could say this cycle torn currency في الطبيعة In nature

Do you end the Ministry of Finance of the promises and heed the shank of the citizen

* Six or Haider school to answer our question by saying Officials know that the currency traded in the market is currently unusable and caused major embarrassment for the citizen Almtda due to the reluctance of the seller to purchase the employee and the citizen is forced to pick it up so the currency does not have a port marketing ة وباFor disposal and the problems start from the car where problems persist in most of the taxis we hope the government and in particular the Ministry of Finance to conclude the language of empty promises to contain the anger of citizens and to find quick solutions or convert the currency salaries for the three presidencies, parliamentarians and six months and distributed to the people of the six months remaining اOr the distribution of salaries to employees in hard currency, similar to parliament

مدير المدرسة Director of School Aidf to bribery and teachers are selling currency torn (object Alsok)

*اMr. Salem, director of secondary refuse to pay bribes to the bank to receive a clean currency caused him considerable embarrassment with the staff who became Educational Director Demands علنا Publicly بدPayments to tip the staff of the bank (a bribe) in order to be free from the problems that face them and explain their noble Hadith that necessity knows no law

*م Advisor to the Iraqi Central Bank says the appearance of Mohammed Saleh

ال Central Bank of Iraq on a strategy to delete the zeros of the Iraqi currency in and out, with a nominal value of cash to keep its values ​​and purchasing power.

*م* Central Bank of Iraq adviser to the appearance of Mohammed Salih said that the year 2011 will witness the launch of this strategy, stressing that the bank has completed 50% of the preparations that are working on since 2005.

Saleh explained that the strategy is based on the principle of gradual substitution of the Iraqi currency with another is lower than in the nominal value, and pointed out that the positives of this strategy is that it will be less expensive and easier to trade.

اراء متباينة للخبراء الاقتصاديين Different opinions of experts, economists

* From his part, sees Dr. Hilal Al-Tahan, that the application of such a strategy will not cause economic turmoil, or damage to the local market at the present time,

فThe economic analyst is willing to find satisfaction Blibl that the timing of the launch of this strategy is not appropriate now, noting that the country's economy must be in a position of strength before the application of such changes

At the end of the tour recall

ان الايام التي يمر That the days pass بThe Iraq-day volatile unstable in many ways and still suffers citizen Mayaani result beginnings of yesterday and the surface of which, we hope at least one day but, unfortunately, have begun to increase and appeared to actually service in decline, which I feel the citizens frustrated every Zaratna deficient in its performance and were less ministries in the agenda of integrity harm to Iraqi citizens Ministry of Finance, but it turned out that the Ministry of Finance is one of the ministries that have caused harm citizens in several areas of the distribution of salary on the shapes (advance) 100 salary to their employees without state employees through Ptozie land and money built for its employees without the other ministries and dozens of times this is not a question now, but that Mataatcassel from the ministry and the creation of bubbles not consumed counterfeit currency and shattered And not find a coin and not to put money into clean Markets, is should not be tolerated and to ensure the integrity to pursue the matter in this ministry, which has not received the feet of integrity to the reasons for Atjhl on Allbeb that what happened before the days of questioning by the Parliament of the Commission made ​​us raise our hat to Parliament and to Ms. Hanan Obeidi, and hoped that the rest of the parliamentarians to work with this self away from the cronyism and caudal لر President of the cluster and the President of the party and not a slogan the new Iraq first and then Iraq.

[aaanth]

what is the point of this article? the lower denoms will be released, the new value will increase the condition of the "street" when they can buy what they want. the cbi is correct in their evaluation of the acceleration of the iraqi economy and it's potential growth (11.5% projected by the IMF for the coming year) and why do we need a history lesson on the dinar? like we all don't know the years and numbers? this article is hardly even readable. it sounds like someone is scared that the rv is going to mess things up when, in fact, the opposite is true.

i've noticed that when major change is in the offing some individuals get scared and cling to their old ways because they are familiar. the new change in iraq's monetary value is going to be a boon for the country and the world. come out little timid sheep and see that your country is strong and about to make it's mark in the world. embrace that, not your old mentality as slaves of dictators

rise up and be a people again. your economists should be inspiring you to do so... shame on those who would keep you in the dark ages....

[sandfly]

read between lines

[PPG]

what is the point of this article? the lower denoms will be released, the new value will increase the condition of the "street" when they can buy what they want. the cbi is correct in their evaluation of the acceleration of the iraqi economy and it's potential growth (11.5% projected by the IMF for the coming year) and why do we need a history lesson on the dinar? like we all don't know the years and numbers? this article is hardly even readable. it sounds like someone is scared that the rv is going to mess things up when, in fact, the opposite is true.

i've noticed that when major change is in the offing some individuals get scared and cling to their old ways because they are familiar. the new change in iraq's monetary value is going to be a boon for the country and the world. come out little timid sheep and see that your country is strong and about to make it's mark in the world. embrace that, not your old mentality as slaves of dictators

rise up and be a people again. your economists should be inspiring you to do so... shame on those who would keep you in the dark ages....

WELL THAT IS WHY I INCLUDED A LINK FOR YOU TO CLICK ON SO YOU MY READ THE ARTICLE FOR YOURSELF SO SORRY IT IS NOT UP TO YOUR STANDER-ED I WILL TRY SO HARD TO BETTER PLEASE YOU NEXT TIME ,BTW NEXT TIME YOU SEE A POST BY PPG DO NOT READ IT THERE PROBLEM SOLVED ,HAVE A BLESSED DAY

[primalnick]

Thanks PPG for the post.

Well, I guess the good news in this is they are trying to use their own money vs the dollar. If I deciphered correctly, there is also a shortage of currency available. I hope this pushes things along faster. I did not like the part from Saleh saying they are only 1/2 way there. Who knows?

Waiting....Waiting....Five, Six, Seven Years....Waiting...

[onerighthand]

WELL THAT IS WHY I INCLUDED A LINK FOR YOU TO CLICK ON SO YOU MY READ THE ARTICLE FOR YOURSELF SO SORRY IT IS NOT UP TO YOUR STANDER-ED I WILL TRY SO HARD TO BETTER PLEASE YOU NEXT TIME ,BTW NEXT TIME YOU SEE A POST BY PPG DO NOT READ IT THERE PROBLEM SOLVED ,HAVE A BLESSED DAY

I don't think he is knocking you for posting but rather the reason the writer is writing such an article. Guessing on my part though

[sportfisher]

dang, I can't find my decoder ring

[Dogmatic1]

Great post! Thank you for that!

[nowhammies]

I don't know about you folks but I have no interest in a coma.....

[Dalite]

At least the vendors have identified the problem.

In order to have a return of purchasing power, you need a stronger currency.

This demands currency denominations small enough to properly make change.

The concept is difficult to misunderstand.

The article states the obvious.

However, it is very difficult to battle the prevailing mindset and get the cooperation necessary to coordinate the change over in an efficient manner.

Drop Zeros, Contract Large Bills, Adjust Wages and Prices, Introduce Smaller Denoms, Revalue if necessary.

All the while remembering to breathe often and avoid assassination.

[icfaith]

I would like to interject my thoughts on this outstanding article provided by PPG.

Thank you for this article PPG, as it gives us a huge amount of information.

Iraq who first discovered the coin deals today without a coin

(Iraqi’s are making an unusable currency work for them.)

Clean currency sold for a price to those who pay more and there are agents for this

(Local banks are taking bribes to exchange torn currency for full paper currency)

Maijmah beggars distributed to staff through government banks

(The history of the Iraq currency is important to understand how the Iraq’s are dealing with the situation they have now on using large currency bills when paying for simple things as taxi rides, groceries, etc and how they are dealing with the issue of making change. Continue reading it gets interesting!) . .

Before you start investigating your Iraqi currency from the beginning of its inception until today and the roles that he passed out the most important countries that have helped print the time of cancellation of small change and the crisis flared up, which did not attempt the ministry to find a solution to it, forgetting or ignoring the situation became intolerable in the local market as a result of the abolition of currency in small and its implications citizen who is suffering from neglect charge without finding solutions and to identify the reader Quran in Iraqi currency, the occupation of Iraq by British forces in World War I, the authority introduced by the British Indian Rupee as the official currency instead of the Ottoman lira. .

In 1931 decided to establish a Council of Iraqi currency be the responsibility of issuing currency, Iraqi special 'with Law No. 44 of 1931 which provided for the issuance of Iraqi dinars, The banknotes of the class quarter and a half dinars and one dinar and five dinars, ten dinars, hundred dinars. As for coins, it is the category of penny and Filsin and 4 fils and 10 fils and 20 fils and 50 fils and 200 fils or Real.

The Council continued to issue the Iraqi currency notes and coins until the establishment of National Bank of Iraq in 1947. .

In 1954, the Iraqi Central Bank was established, which became responsible for issuing the Iraqi currency. The Iraqi dinar throughout that period is linked to the pound sterling as its value goes up and down according to the vagaries of the British economy.

All the versions of the Iraqi currency at the royal era, the metal or paper bearing the image of the king of Iraq. After the coup of July 14, 1958, the Central Bank of Iraq issued a new version of banknotes and coins, bearing the logo of the new republic. . Has been pegging its dinar to pound sterling and U.S. dollar peg.

Have been issued new issues of paper currency in 1971 and 1973 and 1978. And the Iraqi dinar has suffered steady deterioration of the value after the Iran-Iraq war began, where it has fallen from 3 and $ 3 for dinars in 1980 to about 4 dinars to the dollar in 1988.

After the invasion of Kuwait and the end of the second Gulf War and as a result of the economic blockade imposed on Iraq and the inability to issue the Iraqi dinar, which was printed in the Press Switzerland Iraqi government began printing the Iraqi dinar in the presses Iraqi lacked the technology for the printing of currency attributes of a good, which led to the spread of operations extensive fraud in the Iraqi currency to mention the severe collapse in the value of the Iraqi dinar as a result of the blockade as it reached the value of the Iraqi dinar in 1995 to low levels and the U.S. dollar equals 3000 dinars Iraq.

As a result of the deterioration of the value of the Iraqi dinar Iraqi Central Bank began issuing coins were not unusual in the past In 1991, banknotes were issued from the category of 50 and 100 dinars and 250 dinars in 1995.

In 2002 the bank issued a coin worth 10,000 dinars Iraq.

The Iraqi citizen a huge packages of the coin category with 250 dinars for the purchase of simple materials.

And the Iraqi dinar Aljdidakb invasion of coalition forces led by the United States of America and the occupation of Baghdad on April 9, 2003 the Coalition Provisional Authority to issue Iraqi dinars new of October 15, 2003 to January 15, 2004 where the new currency is printed in printing presses Delaro in Britain and were printed with good quality are difficult to falsify was used in all across Iraq including the Kurdistan region in northern Iraq and has been the process of switching the currency as replace each print dinars in Iraq or China, either a new Iraqi dinar, the Iraqi dinar printed in Switzerland Vtm replaced with 150 new dinars.

Categories range from the new currency of 50 250, 1000, 5000.10000 to 25000 dinars, and designs similar to the designs issued by the Central Bank of Iraq in the seventies and early eighties of the last century as they were not Iraqi currency bearing the image of former President Saddam Hussein. Has been to produce a paper of a class of 500 dinars in 2004. January 2, 2005 in the Iraqi Central Bank issued currencies cans category and the category of 25 dinars 100 dinars, and then was released a piece of class fifty dinars and later in 2004. As a result of the low value of coins and poor circulation among citizens has been withdrawn from circulation in 2009.

The value of the new Iraqi dinar when you put 4000 dinars per U.S. dollar and arrived at a certain period to 980 dinars per dollar, but it finally settled at 1170 dinars per U.S. dollar.

(Here is where they start explaining how they deal with providing change and how the banks make the people pay to turn in torn bills to get full bills.)

Media News Agency / INA wandered between citizens and learned from some officials on some of the reasons why the citizen plays on the possession of the currency and the reason for the small tiffs morning in taxis, shops and markets as a result of consumption without regard to currency, which replaced the crisis. What is the reason that this part in this investigation

(Bad interpretation, probably meaning that the people on the street are mad at the situation as they interview certain people of different business)

Boil the street from the crisis and is interested in a coma

(This taxi driver is saying that from morning to night it’s a big hassle collecting the taxi fees as there is no change, so they have to tear bills to make change. That this way of making change is ongoing everywhere.)

**اCitizen Ahmed Ali Kia driver, saying, Tell us start our worries from morning to night due to lack of اCurrency small. And availability in the market today defective and torn Atstqubl and markets for these currencies and the citizen and rejected blame us if Rvdhanaha This situation is ongoing and responsible for what is happening on the street Edery

(The torn money is given to the drivers, and others and the banks decides how much it will cost to take the torn currency and replace it with full currency bills)Money torn sold to operators of beggars and the bank distributes its own way

(Another example given of another driver who says they are getting the torn currency from people as payment for the ride and they have to exchange it to street exchangers who give them less than the value of the bill, then the street exchanger takes it to the bank and gets more for the bill than they gave the driver. Its ongoing all the time and it angers everyone because there is no small change to make correct change with)

* Another driver intervention, saying we're getting torn currency and sell the contractor Almtsoliyn man who buys a small change to beggars at less Lacking 5000 five thousand dinars per مائ One hundred thousand dinars, and Ibaha and deposited in turn to the bank and pay for the amount of money to the group the cashier and the cashier stuffing between sound money and in case of a claim for rotation a customer of any client transaction with the bank to pay a certain amount of the cashier against the dollar clean and the bank will then pay for the salaries of staff and institutions that deal with and who Aidfon bribes against the dollar so clean and start suffering from the bank to the street to the market and you could say this cycle torn currency في الطبيعة In nature

(The government promises to fix the problem but does nothing.)

Do you end the Ministry of Finance of the promises and heed the shank of the citizen

(Explaining how its going on everywhere, even in the schools where the teachers receive payment. Also stating that the government knows this is going on and still does not fix the problem.)

* Six or Haider school to answer our question by saying Officials know that the currency traded in the market is currently unusable and caused major embarrassment for the citizen Almtda due to the reluctance of the seller to purchase the employee and the citizen is forced to pick it up so the currency does not have a port marketing. For disposal and the problems start from the car where problems persist in most of the taxis we hope the government and in particular the Ministry of Finance to conclude the language of empty promises to contain the anger of citizens and to find quick solutions or convert the currency salaries for the three presidencies, parliamentarians and six months and distributed to the people of the six months remaining Or the distribution of salaries to employees in hard currency, similar to parliament

Director of School Aidf to bribery and teachers are selling currency torn (object Alsok)

(Really gets interesting here as Mr. Salem a director of a school says he refuses to pay more to a bank to take the torn bills and give him full bills. And how he was embarrassed when a staff member demands publically for additional money to take the torn bills from teachers to take it to the bank and exchange it for them.)

* Mr. Salem, director of secondary refuse to pay bribes to the bank to receive a clean currency caused him considerable embarrassment with the staff who became Educational Director Demands Publicly Payments to tip the staff of the bank (a bribe) in order to be free from the problems that face them and explain their noble Hadith that necessity knows no law

* Advisor to the Iraqi Central Bank says the appearance of Mohammed Saleh

Central Bank of Iraq on a strategy to delete the zeros of the Iraqi currency in and out, with a nominal value of cash to keep its values and purchasing power.

(Is this not a huge huge clue we are receiving here that CBI plans to introduce the small denoms in 2011 which we have been told that when they dispurse the lower denoms is when we will see the RV?) I think so!

** Central Bank of Iraq adviser to the appearance of Mohammed Salih said that the year 2011 will witness the launch of this strategy, stressing that the bank has completed 50% of the preparations that are working on since 2005.

(The remainder of the article goes on to support more of what we have already read.)

Saleh explained that the strategy is based on the principle of gradual substitution of the Iraqi currency with another is lower than in the nominal value, and pointed out that the positives of this strategy is that it will be less expensive and easier to trade.

Different opinions of experts, economists

* From his part, sees Dr. Hilal Al-Tahan, that the application of such a strategy will not cause economic turmoil, or damage to the local market at the present time,

The economic analyst is willing to find satisfaction Blibl that the timing of the launch of this strategy is not appropriate now, noting that the country's economy must be in a position of strength before the application of such changes

At the end of the tour recall

That the days pass The Iraq-day volatile unstable in many ways and still suffers citizen Mayaani result beginnings of yesterday and the surface of which, we hope at least one day but, unfortunately, have begun to increase and appeared to actually service in decline, which I feel the citizens frustrated every Zaratna deficient in its performance and were less ministries in the agenda of integrity harm to Iraqi citizens Ministry of Finance, but it turned out that the Ministry of Finance is one of the ministries that have caused harm citizens in several areas of the distribution of salary on the shapes (advance) 100 salary to their employees without state employees through Ptozie land and money built for its employees without the other ministries and dozens of times this is not a question now, but that Mataatcassel from the ministry and the creation of bubbles not consumed counterfeit currency and shattered And not find a coin and not to put money into clean Markets, is should not be tolerated and to ensure the integrity to pursue the matter in this ministry, which has not received the feet of integrity to the reasons for Atjhl on Allbeb that what happened before the days of questioning by the Parliament of the Commission made us raise our hat to Parliament and to Ms. Hanan Obeidi, and hoped that the rest of the parliamentarians to work with this self away from the cronyism and caudal لر President of the cluster and the President of the party and not a slogan the new Iraq first and then Iraq.

[wingsofhope]

Ok then...

[Carrello]

Now, that is reading between the lines. Thank you icfaith and sandfly (for the clue)!

And thank you PPG for the post. This is interesting.

And Dalite, thanks too

[icfaith]

Thanks

[PPG]

Thanks

Thank you my friend sometime it takes a few great minds working together to read between the lines

LIKE ICFAITH,DALITE DOGMATIC1 ,SANDFLY, AND YOUR WELCOME carrello ,primalnick am glad you liked it

PPG

[aaanth]

PPG...

my comments were based on my interpretation of the article, NOT, on the fact that you posted it. i wasn't being critical of you, just what the article was saying. you don't need to get all defensive and everything.

sorry if you misunderstood...

Edited May 26, 2011 by aaanth

[PPG]

PPG...

my comments were based on my interpretation of the article, NOT, on the fact that you posted it. i wasn't being critical of you, just what the article was saying. you don't need to get all defensive and everything.

sorry if you misunderstood...

AND i apoligize to you also just trying to bring something to the table that is helpful and i took it the wrong way but i do get very deffinsive i have learned to be