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

I would like all Members and Guest to view CryptoTravel.biz as this is my company I promote.




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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2019


Guide to re-work coin

rocky
rocky
NNP TEAM
NNP TEAM

Posts : 169200
Thanked : 11064
Join date : 2012-12-21

Guide to re-work coin Empty Guide to re-work coin

Post by rocky on Mon 19 Aug 2019, 2:11 am

[size=36]Guide to re-work coin[/size]

Political | 09:19 - 19/08/2019

[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]


BAGHDAD - Mawazine News 
A member of the Finance Committee Hanin al-Qadu, Monday, that the use of metal categories and sent down for circulation gives a notional value of the currency. 
"During meetings and discussions with Central Bank officials, we stressed the need to re-operate the coins that have been used in Iraq over the past decades, rather than the paper that is being destroyed," al-Qadu said. 
He added that "the use of metal categories and their descent for circulation gives a notional value to the currency," noting that "a number of neighboring countries - exchange rates are very high against the dollar - and yet we find that it has a coin in order to preserve the currency and not need to request more papers Cash, especially in small categories. "
Al-Qadu expressed his surprise at the "policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market."


[You must be registered and logged in to see this link.]
rocky
rocky
NNP TEAM
NNP TEAM

Posts : 169200
Thanked : 11064
Join date : 2012-12-21

Guide to re-work coin Empty Qadu: Coins that have been used in Iraq over the past decades must be restored

Post by rocky on Mon 19 Aug 2019, 2:52 am

Qadu: Coins that have been used in Iraq over the past decades must be restored

[You must be registered and logged in to see this image.]

A member of the Finance Committee Hanin al-Qadu, on Monday, that the use of metal categories and lowered for trading gives a notional value of the currency.
Al-Qadu said in a press statement that during meetings and discussions with officials at the Central Bank, we stressed the need to re-work coins that were used in [You must be registered and logged in to see this link.] during the past decades, instead of paper that is damaged and printed in large quantities again.
He added that the use of metal categories and their descent for trading gives a notional value to the currency, noting that a number of neighboring countries - exchange rates are very high against the dollar - and yet we find that it has a coin in order to preserve the currency and not need to request more banknotes, especially Small categories. ”
Al-Qdo expressed surprise at the "policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market."


[You must be registered and logged in to see this link.]

[/size]
rocky
rocky
NNP TEAM
NNP TEAM

Posts : 169200
Thanked : 11064
Join date : 2012-12-21

Guide to re-work coin Empty Directed to re-work coin

Post by rocky on Mon 19 Aug 2019, 3:07 am

[size=35][size=35]Directed to re-work coin[/size]
[You must be registered and logged in to see this link.]

Economie

[You must be registered and logged in to see this link.]

2019-08-18 | 23:47
[You must be registered and logged in to see this image.]



[/size]

Source:
[You must be registered and logged in to see this link.]

6,444 views




For his part, a member of the Finance Finance Majid al-Waeli, "the readiness of the Commission for any legislation required by the Central Bank, which can benefit the economy and the Iraqi market, including the circulation of coin." 


"The committee respects the independence of the central bank and its monetary policy," Waeli said, stressing that "the bank has technical autonomy by decision regardless of administrative affairs. 


He Waeli that " [You must be registered and logged in to see this link.] can not reproduce the experience of other countries in the use of those currencies, if it was in favor of the advancement of the economy; we can support this by listening to the justification and the views of the Central Bank 's view and then the appropriate legislation of laws for the continuation of the monetary policy in the country to walk correctly".


He also stressed member Jamal cougars that "all countries in the Middle East and the world has a coin , " noting that "this type of currency gives strength to its economy." 


He PANTHER expressed the hope that "can stakeholders to strengthen the currency to be small categories of purchasing power in the event of the use of currencies metal. " 


the committee member Ahmed al - Saffar, he saw that" the coin is more than the cost of paper, as well as to carry it more difficult for the citizen. "


He said al-Saffar, the "morning", "The winning of inflation in the economy prevents the sake of coins and make trading between citizens", suggesting that "be no step to delete the zeros precede the process of coinage metal to be there the value of small groups versus large."


[You must be registered and logged in to see this link.]
wciappetta
wciappetta
NNP TEAM
NNP TEAM

Posts : 4815
Thanked : 2784
Join date : 2012-12-20

Guide to re-work coin Empty Re: Guide to re-work coin

Post by wciappetta on Mon 19 Aug 2019, 5:10 am

Yes bring on the coins.....Nice to see the discussion


He said al-Saffar, the "morning", "The winning of inflation in the economy prevents the sake of coins and make trading between citizens", suggesting that "be no step to delete the zeros precede the process of coinage metal to be there the value of small groups versus large."

Arablish for we need coins in conjunction with the RV, which to all of here is obvious.


_________________
[You must be registered and logged in to see this link.]For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find me, when ye shall search for me with all your heart.
rocky
rocky
NNP TEAM
NNP TEAM

Posts : 169200
Thanked : 11064
Join date : 2012-12-21

Guide to re-work coin Empty Talk about re-work coin and delete the zeros from the paper

Post by rocky on Mon 19 Aug 2019, 6:11 am

Talk about re-work coin and delete the zeros from the paper



  19/08/2019  [You must be registered and logged in to see this link.]

[You must be registered and logged in to see this link.]




A member of the Parliamentary Finance Committee revealed that there is a tendency to reintroduce the coin that has been used for decades in the country, while another member of the Committee proposed to pre-empt the coining process by “deleting zeros” from the current currencies so that there would be value for the small monetary categories.
The committee member, MP Hanin al-Qadu, that "during meetings and discussions with officials at the Central Bank stressed the need to re-work coins that were used in Iraq during the past decades, rather than paper that is damaged and printed in large quantities again."
He explained, "The use of metal categories and their descent for trading gives a notional value of the currency," noting that "a number of neighboring countries (exchange rates are very high against the dollar) and yet we find that it has a coin in order to preserve the currency and not need to request more papers Cash, especially in small categories. "
Alkdo expressed surprise at the "policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market."
The Central Bank of Iraq announced in April 2005 to offer coins of denominations of 25, 50 and 100 dinars for circulation for the first time after they were canceled by the regime of Saddam Hussein after the Gulf War in 1991.
The Iraqi currency was canceled in 1991 when the international economic embargo on the country to increase the rate of inflation in Iraq by 1000%, and the result of the situation under the economic siege and a significant rise in prices led to the destruction of the value of the Iraqi currency and reaching a very low and severe exchange rate , Which made the coin and the few currency denominations without value.
It is noteworthy that the Iraqi dinar, which was equal to 3.22 dollars before the occupation of the former Iraqi regime of Kuwait in 1990, its value fell to one dollar equivalent to three thousand dinars by 1996.
Another member of Parliamentary Finance said, "The cost of a coin is more than paper money, and it is more difficult to carry it on the citizen." 

MP Ahmed al-Saffar said that "inflation in the economy prevents the minting of coins and make them circulate among citizens," suggesting that "there is a step to delete the zeros before the coinage process to be a value for small groups to large."


[You must be registered and logged in to see this link.]
rocky
rocky
NNP TEAM
NNP TEAM

Posts : 169200
Thanked : 11064
Join date : 2012-12-21

Guide to re-work coin Empty Parliamentary finance identifies a reason why coins should not be minted and advises the move

Post by rocky on Mon 19 Aug 2019, 6:16 am

[size=36]Parliamentary finance identifies a reason why coins should not be minted and advises the move[/size]

Political | 12:26 - 19/08/2019

[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]


BAGHDAD - Mawazine News 
identified the Finance Committee in the House of Representatives, on Monday, a reason to prevent the minting of coins, the introduction of a proposal before minting. 
Majid al-Waeli, a member of the committee, expressed the readiness of the committee to prepare any legislation required by the Central Bank, which could benefit the Iraqi economy and market, including the circulation of coins. 
"The committee respects the independence of the central bank and its monetary policy," he said.
And the MP Waeli, that "Iraq can not reproduce the experience of other countries in the use of those currencies, if it was in favor of the advancement of the economy; we can support this by listening to the justification and the views of the Central Bank 's view and then the appropriate legislation of laws for the continuation of the monetary policy The country has to proceed properly. " 
Committee member Jamal Kojer stressed that "all countries in the Middle East and the world have a coin", noting that "this type of currency gives strength to its economy." 
"We hope that the concerned parties can strengthen the currency so that small groups can have purchasing power in the event of the use of coins," Kojer said.
 Committee member Ahmed al-Saffar said, "The cost of a coin is more than paper money, and it is more difficult to carry it on the citizen." 
He said al - Saffar, that " the winning of inflation in the economy prevents the sake of coins and make trading between citizens", suggesting that "be no step to delete the zeros precede the process of coinage metal to be there the value of small groups versus large" .anthy 29 / A 43


[You must be registered and logged in to see this link.]
jbowhunter
jbowhunter
Understood Investor
Understood Investor

Posts : 149
Thanked : 83
Join date : 2012-12-19

Guide to re-work coin Empty Re: Guide to re-work coin

Post by jbowhunter on Mon 19 Aug 2019, 7:35 am

“[size=31]while another member of the Committee proposed to pre-empt the coining process by “deleting zeros” from the current currencies so that there would be value for the small monetary categories.”[/size]


[size=31]Would rather see that the deletion was on rate and not currencies.   Hopefully it is translation issue.  Thoughts?[/size]
wciappetta
wciappetta
NNP TEAM
NNP TEAM

Posts : 4815
Thanked : 2784
Join date : 2012-12-20

Guide to re-work coin Empty Re: Guide to re-work coin

Post by wciappetta on Mon 19 Aug 2019, 1:41 pm

it is


_________________
[You must be registered and logged in to see this link.]For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find me, when ye shall search for me with all your heart.
Screwball
Screwball
Interacting Investor
Interacting Investor

Posts : 3305
Thanked : 877
Join date : 2012-12-19

Guide to re-work coin Empty Re: Guide to re-work coin

Post by Screwball on Mon 19 Aug 2019, 5:10 pm

[You must be registered and logged in to see this link.] wrote:it is
Agree...
jbowhunter
jbowhunter
Understood Investor
Understood Investor

Posts : 149
Thanked : 83
Join date : 2012-12-19

Guide to re-work coin Empty Re: Guide to re-work coin

Post by jbowhunter on Mon 19 Aug 2019, 8:20 pm

Hope so.  Thanks Ward and SB.

Sponsored content

Guide to re-work coin Empty Re: Guide to re-work coin

Post by Sponsored content


    Current date/time is Sat 21 Sep 2019, 12:15 am