Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Actual News!!


hoodlion1
 Share

Recommended Posts

I'm not trying to be negative but this is evidence that a LOP for Iraq is possible. It's not like the LOP is impossible. I recall someone saying that something like this would not be on Reuters webpage. Someone is wrong. Link is provided.:rolleyes:

Iran plans to lop off zeros from currency: Ahmadinejad

TEHRAN

Wed Jan 20, 2010 8:35am EST

TEHRAN (Reuters) - Iran plans to remove zeros from its national currency, the rial, in order to make its value "real," President Mahmoud Ahmadinejad was quoted as saying on Wednesday.

WORLD

Ahmadinejad, quoted by the semi-official Mehr News Agency, did not say when this may happen nor give other details. A 1,000 rial note is currently worth about 10 U.S. cents.

The president, whose disputed re-election in June plunged the Islamic Republic into turmoil, faced criticism during his first four-year term for failing to curb rising inflation in the major oil producer.

But the official inflation rate has declined over the last year, from a peak of nearly 30 percent in late 2008 to less than 10 percent now.

"We are supposed to remove zeros (from the rial) to make its value real," Ahmadinejad said. "We have to return its value to the one existing in the law," he said, without elaborating.

(Writing by Fredrik Dahl; editing by Ron Askew)

Link to comment
Share on other sites

I'm not trying to be negative but this is evidence that a LOP for Iraq is possible. It's not like the LOP is impossible. I recall someone saying that something like this would not be on Reuters webpage. Someone is wrong. Link is provided.:rolleyes:

Iran plans to lop off zeros from currency: Ahmadinejad

TEHRAN

Wed Jan 20, 2010 8:35am EST

TEHRAN (Reuters) - Iran plans to remove zeros from its national currency, the rial, in order to make its value "real," President Mahmoud Ahmadinejad was quoted as saying on Wednesday.

WORLD

Ahmadinejad, quoted by the semi-official Mehr News Agency, did not say when this may happen nor give other details. A 1,000 rial note is currently worth about 10 U.S. cents.

The president, whose disputed re-election in June plunged the Islamic Republic into turmoil, faced criticism during his first four-year term for failing to curb rising inflation in the major oil producer.

But the official inflation rate has declined over the last year, from a peak of nearly 30 percent in late 2008 to less than 10 percent now.

"We are supposed to remove zeros (from the rial) to make its value real," Ahmadinejad said. "We have to return its value to the one existing in the law," he said, without elaborating.

(Writing by Fredrik Dahl; editing by Ron Askew)

ARTICLE IS BOGUS!

I just received this response from Reuters!

Your message cannot be delivered to the following recipients:

Recipient address: jack.kimball.reuters.com@reuters.com

Reason: Not found in directory

This email was sent to you by Thomson Reuters, the global news and information company.

Any views expressed in this message are those of the individual sender, except where the sender specifically states them to be the views of Thomson Reuters.

Action: failed

Status: 5.1.1 (Not found in directory)

Original-recipient: rfc822;jack.kimball.reuters.com@reuters.com

Final-recipient: rfc822;jack.kimball.reuters.com@reuters.com

He was supposedly the author or publisher of the article

(Reporting by Aseel Kami; Editing by Jack Kimball and Toby Chopra) Keywords: IRAQ CURRENCY/

(jack.kimball@thomsonreuters.com; +964 7901 917 033; Reuters Messaging: jack.kimball.reuters.com@reuters.com)

COPYRIGHT

Copyright Thomson Reuters 2010. All rights reserved.

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.