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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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21 posters

    The Central Bank strengthens banks in local currencies of small groups

    Rocky
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    The Central Bank strengthens banks in local currencies of small groups - Page 3 Empty The Central Bank strengthens banks in local currencies of small groups

    Post by Rocky Tue 05 Dec 2017, 6:32 am

    First topic message reminder :

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    Baghdad / Al-Ghad Press: 
    The Central Bank of Iraq called for the need to preserve the local currency, pointing to the strengthening of local banks in local currencies of small groups. 
    A source from the Central Bank of "Al-Ghad Press", said on Tuesday that "the bank calls for the preservation of the local currency and the strengthening of banks with small groups of local currency," pointing out that "the printing of the Iraqi currency and replace them cost amounts," calling on citizens to maintain and maintain Bank notes when trading ".
    He revealed that "the Central Bank has announced a tender for the printing of new banknotes (small categories) at the international printing companies." 
    The source said that "the Central Bank to pay cash from small groups to government banks and private banks have been distributed amounts given to banks during the month of November last year of the current (554,000,000) dinars (one hundred and fifty-four million dinars) category 1000 dinars and the amount of (202,500,000) Dinars (two hundred and two million five hundred thousand dinars) category of 500 dinars, "adding that" the Central Bank of Iraq pays to the Rafidain and Rashid Bank an amount of not less than (200 million) dinars (two hundred million dinars to change) in almost every withdrawal of its own assets.



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    Screwball
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    Post by Screwball Tue 05 Dec 2017, 5:08 pm

    Early1 wrote:
    Screwball wrote:This could be say more are coming is the way I read it...
    No need for lower denoms unless value change !!!

    I am with you gang if auctions stop and you can not buy Iraq Currency anymore.
    Yep agree..
    Screwball
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    Post by Screwball Tue 05 Dec 2017, 5:11 pm

    The key word is “strengthen” means to add to make stronger...releasing more lower denoms with a rate change and ending of auction and adjustment of incountry pricing will do just nicely
    Lobo
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    Post by Lobo Tue 05 Dec 2017, 5:14 pm

    I agree, if no RV and lower denoms - get the wheelbarrows - they will need them.
    sassy
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    Post by sassy Tue 05 Dec 2017, 5:52 pm

    Screwball wrote:The key word is “strengthen” means to add to make stronger...releasing more lower denoms with a rate change and ending of auction and adjustment of incountry pricing will do just nicely
    yes
    fonz1951
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    Post by fonz1951 Tue 05 Dec 2017, 8:13 pm

    bounce bounce bounce
    me likey
    Tiffany
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    Post by Tiffany Tue 05 Dec 2017, 8:44 pm

    Ohhhhhhh! Getting a bit excited again! thumbs bounce bounce bounce
    bounce
    avatar
    Ronbo
    Cain't Let Go Investor
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    Post by Ronbo Tue 05 Dec 2017, 9:43 pm

    306  study   no
    weslin3
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    Post by weslin3 Tue 05 Dec 2017, 10:52 pm

    Screwball wrote:This could be say more are coming is the way I read it...

    That's how I take it.
    Early1
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    Post by Early1 Thu 07 Dec 2017, 5:21 pm

    weslin3 wrote:
    Screwball wrote:This could be say more are coming is the way I read it...

    That's how I take it.
    Slow and Easy Gang - worst thing would be - lower denoms come out and no immediate substantial change in value to the dollar.

    If that happens - in MY opinion - we are in for a long slow increase in value - too often , in this investment, have we taken or expected , - one move to be the trigger

    Double sets of books give them many options to proceed ,- with little value change on the street - When we can't buy the Dinar anymore - GET EXCITED !!!
    mochasmom
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    Post by mochasmom Thu 07 Dec 2017, 5:30 pm

    Duck said that would never happen, still trust what he said

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