jupitergirl Posted December 19, 2011 Report Share Posted December 19, 2011 Baghdad: The Central Bank of the House of Representatives is satisfied the process of deleting three zeros from the currency after examining the details of the project with experts and economists in the House of Representatives. " said the deputy governor of the Central Bank of the appearance of Dr. Mohammed Saleh (people) that "the central bank was able to answer all questions and inquiries by the Commission Parliament, which I listened to a detailed explanation on this subject, and persuaded the House of Representatives in the project and its positive effects on the Iraqi economy. " He added that "The project is also being transmitted to the Economic Committee in the Cabinet for discussion, indicating that the deletion of the three zeroes from the local currency will be in 2013." He pointed to the "The system of financial management suffers from the legacy of a large and need to repair large to remove the legacy of the economy is open, which he inherited Iraq because of the policies of the former regime." The central bank said it plans to issue a new currency from the category of 50 dinars after deletion of zeros which is equivalent to $ 50 thousand JD at the moment. " examines the central, since last June deleting three zeros from the local currency in an attempt to promote the value of currency in circulation, external and internal. Will be added the Kurdish language to the new currency in addition to Arabic. " The Ministry of Finance to delete the zeros will free the economy from the constraints and enhance the value of the dinar in the International Monetary Fund. He International Monetary Fund last August to support the Iraqi economy in the event of his a number of economic measures, including raising three zeros from the local currency. http://www.alnaspaper.com/inp/view.asp?ID=6262 3 Link to comment Share on other sites More sharing options...
precious1 Posted December 19, 2011 Report Share Posted December 19, 2011 (edited) As I read this, no LOP until 2013, just RV us now so we don't have to deal with those bunny ears! Edited December 19, 2011 by Markinsa Removed Quote 2 1 Link to comment Share on other sites More sharing options...
TonyDownTheShore Posted December 19, 2011 Report Share Posted December 19, 2011 As I read this, no LOP until 2013, just RV us now so we don't have to deal with those bunny ears! I agree, rv now pull in most of the 3 zeros notes and in 2013 bring out the new denoms, genious Shabibi. Thanks for the post 2 1 Link to comment Share on other sites More sharing options...
2fast4u2c Posted December 19, 2011 Report Share Posted December 19, 2011 Unfortunately, looks like 2013 before the big LOP 3 5 Link to comment Share on other sites More sharing options...
armondtoth Posted December 19, 2011 Report Share Posted December 19, 2011 There you have it, the ten year plan. 1 Link to comment Share on other sites More sharing options...
VanessaL4100 Posted December 19, 2011 Report Share Posted December 19, 2011 Unfortunately, looks like 2013 before the big LOP Why unfortunate? That gives them until January 2013 to RV? 1 1 Link to comment Share on other sites More sharing options...
mattevan Posted December 19, 2011 Report Share Posted December 19, 2011 Bummer!!! Link to comment Share on other sites More sharing options...
jetphyxr Posted December 19, 2011 Report Share Posted December 19, 2011 The central bank said it plans to issue a new currency from the category of 50 dinars after deletion of zeros which is equivalent to $ 50 thousand JD at the moment. " Life changes happen in a moment. 1 Link to comment Share on other sites More sharing options...
ftruck7 Posted December 19, 2011 Report Share Posted December 19, 2011 I do NOT believe anything they say good or bad. They will not let us know what they are doing!! 4 Link to comment Share on other sites More sharing options...
cbs71 Posted December 19, 2011 Report Share Posted December 19, 2011 Why unfortunate? That gives them until January 2013 to RV? I was thinking the same thing.. RV now, LOP later....sounds good to me. 1 1 Link to comment Share on other sites More sharing options...
OregonHopeful Posted December 19, 2011 Report Share Posted December 19, 2011 I do NOT believe anything they say good or bad. They will not let us know what they are doing!! Exactly.... between the hard to understnad translations, the intentional smoke and mirrors, and the contradictory articles... they are doing a good job of not showing exactly what they are going to do and when to the world. 1 Link to comment Share on other sites More sharing options...
JOLLY ROGER Posted December 19, 2011 Report Share Posted December 19, 2011 I do NOT believe anything they say good or bad. They will not let us know what they are doing!! I totally agree with you on that!!!!!!!! Link to comment Share on other sites More sharing options...
zigmeister Posted December 19, 2011 Report Share Posted December 19, 2011 Wait there will be another article that will state, no that's the old plan. There probably will be a babysitter in the article somewhere. Link to comment Share on other sites More sharing options...
Maggie123 Posted December 19, 2011 Report Share Posted December 19, 2011 Wait there will be another article that will state, no that's the old plan. There probably will be a babysitter in the article somewhere. And a menopausal watermelon 2 1 Link to comment Share on other sites More sharing options...
zigmeister Posted December 19, 2011 Report Share Posted December 19, 2011 And a menopausal watermelon And bugs bunny! 1 Link to comment Share on other sites More sharing options...
Rome M Posted December 19, 2011 Report Share Posted December 19, 2011 This could be good.... If there is an RV/RI sometime in 2012, then we may only have until 2013 to get rid of our big notes. 2 1 Link to comment Share on other sites More sharing options...
truthful1 Posted December 19, 2011 Report Share Posted December 19, 2011 Exactly.... between the hard to understnad translations, the intentional smoke and mirrors, and the contradictory articles... they are doing a good job of not showing exactly what they are going to do and when to the world. The iraqis have a hard enough time communicating and agreeing with factual truths. I consider it a huge stretch of the imagination, they are cooperatively and covertly creating smoke. Link to comment Share on other sites More sharing options...
mcjocky1 Posted December 19, 2011 Report Share Posted December 19, 2011 Hmmm exactly the same wording as the September press release only attached to a different news paper heading. Merry-go-round seeing all these reports time and again. Link to comment Share on other sites More sharing options...
yota691 Posted December 19, 2011 Report Share Posted December 19, 2011 I'd like to been in that room Link to comment Share on other sites More sharing options...
Psych Posted December 19, 2011 Report Share Posted December 19, 2011 I agree....TODAY ....it looks like an RV between now and sometime in 2013....followed by q LOP...HOWEVER they have between now and then to change their minds. Let's see what tomorrow brings. 1 Link to comment Share on other sites More sharing options...
dgibbs20 Posted December 19, 2011 Report Share Posted December 19, 2011 My GOD another whole year of this??? 2 1 Link to comment Share on other sites More sharing options...
Wino Posted December 19, 2011 Report Share Posted December 19, 2011 IMO...... Sounds like an RV may be getting ready to occur and we will have until 2013 to get rid of the big bills, at which time they will be lopped. This could be their time frame for recovering all the big bills. We know that they evintually have to get them back to destroy them since they don't want them to be around forever They won't want you cashing in a 50,000 Dinar note ten years from now at 5 to 1. Link to comment Share on other sites More sharing options...
zigmeister Posted December 19, 2011 Report Share Posted December 19, 2011 Okay I thought these guys did not meet today. What were there three guys that took a look at the presentation of Shabbi's, asked a few questions then said, "Looks good to us." Then said let's do it? It doesn't sound like there was any business done today nor a vote. Link to comment Share on other sites More sharing options...
Maggie123 Posted December 19, 2011 Report Share Posted December 19, 2011 This could be good.... If there is an RV/RI sometime in 2012, then we may only have until 2013 to get rid of our big notes. Am I missing something? Rome I can't figure why you got a neg for saying that? I am out of +'s or I would set you right. Can anyone help here? 1 Link to comment Share on other sites More sharing options...
Stryker365 Posted December 19, 2011 Report Share Posted December 19, 2011 Am I missing something? Rome I can't figure why you got a neg for saying that? I am out of +'s or I would set you right. Can anyone help here? I evened Rome out, neg me all you want I could care less I'm not here but for the ones that care anyway. Link to comment Share on other sites More sharing options...
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