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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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    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    wciappetta
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    • Post n°1

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by wciappetta Sun Aug 16, 2015 11:09 am

    First topic message reminder :

    Gee I think he is suggesting a $3.00 plus revalue is the appropriate course of action ...


    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market
    Economy and tenders
     Since 16.08.2015 at 11:24 (GMT Baghdad)
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    Special - scales News
    He stressed the economic expert on behalf of Jamil Antoine, Sunday, that the deletion of zeros from the Iraqi dinar will reduce the US dollar traded in the local market, noting that Matrouh this project four years ago, and deferred to notice another.
    He said Antoine L / scales News /, that "the project to delete the zeros Matrouh four years ago and was intended to achieve the basic objectives, the requirement that there be a security and political stability, and economic order to the process is done, and the creation of the banking system fully to print the amounts."
    He added that "in the era of Shabibi when he was governor of the Central Bank of this project has been delayed and lost stability and requirements factors and the ground for the implementation of this process, which is now deferred to notice another, while providing the appropriate conditions."
    He pointed out that [size=24]"This project will reduce the use of the dollar in the domestic market, and disposing of damaged currency, as well as to reduce the large numbers that are trading mathematically, and reduce the pressure on the Trustees of the Fund, and there are a lot of benefits from the deletion of zeros."[/size]
    He explained that "the largest category of cash is Al25,000 dinars, which is equal to $ 22, in the case of deletion of zeros and converted to 25 dinars Vstsawi of $ 75, this process will give the larger size of the local currency and reduce the use of the dollar in the domestic market."
    Antoine said that "the Iraqi people tend to use cash flow does not deal with modern facilities visas and Kart and instruments, and began this means Athjm role" ./ ended 29 n / 10



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    Last edited by wciappetta on Sun Aug 16, 2015 12:15 pm; edited 1 time in total


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    [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
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    jackolatern
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    • Post n°11

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun Aug 16, 2015 12:05 pm

    Yes........ I just forgot my password because it had been a while since I signed in............. An keep it on topic dizzy HA!
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    jedi17
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    • Post n°12

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jedi17 Sun Aug 16, 2015 12:20 pm

    Stevethebrit wrote:Way I've just read that is that the new value of the Dinar is $3. That's IQD25 = $75.

    Tell me if these palpatations I'm having here are a mistaken understanding of what that says!!

    it is a economist that is making an opinion.....value has not changed yet.  However, that would be a appropriate rate!
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    dizzydee
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    • Post n°13

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by dizzydee Sun Aug 16, 2015 12:23 pm

    RichardHeI ad wrote:Yes........ I just forgot my password because it had been a while since I signed in............. An keep it on topic dizzy HA!
    I am staying on topic, just wanted everyone to know who you are!  crazy
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    jackolatern
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    • Post n°14

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun Aug 16, 2015 12:27 pm

    HaHa! Crazy? Hey buddy, I'm not the one that thinks this currency is going to revalue at 3 bucks
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    • Post n°15

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    Post by Neno Sun Aug 16, 2015 12:36 pm

    RichardHead wrote:HaHa! Crazy? Hey buddy, I'm not the one that thinks this currency is going to revalue at 3 bucks
    That's fine your entitled to that so, what does your opinion generate?
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    franny
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    • Post n°16

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by franny Sun Aug 16, 2015 12:42 pm

    RichardHead: I bet deep inside, you want it to rv for $3+. :-)
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    jackolatern
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    • Post n°17

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    Post by jackolatern Sun Aug 16, 2015 12:43 pm

    A glimpse of reality, I think an like I said so many times prior, I want to be wrong but so far I've been entirely spot on.
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    jackolatern
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    • Post n°18

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun Aug 16, 2015 12:44 pm

    Yes I do
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    • Post n°20

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    Post by Neno Sun Aug 16, 2015 1:07 pm

    He explained that "the largest category of cash is Al25,000 dinars, which is equal to $ 22, in the case of deletion of zeros and converted to 25 dinars Vstsawi of $ 75, this process will give the larger size of the local currency and reduce the use of the dollar in the domestic market."


    Yes he is only quoting Shabibi's Plan Now, what does "and converted" mean? badboys
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    • Post n°21

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