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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


4 posters

    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d

    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21

    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d Empty Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d

    Post by Proven Mon 16 Nov 2015, 1:31 am

    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce demand for the dollar


    November 15, 2015 - 21:42

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

    Alsumaria News / Baghdad

    The Central Bank of Iraq, Sunday, that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he pointed out that there is no link to the financial crisis with the new version.


    A member of the Board of Directors of the Bank Ihsan al-Yasiri in an interview with the program "a quarter of an hour," which aired Alsumaria TV, "The issuance of 50 thousand dinars category and think about the issuance of 100 thousand dinars category is a project that is not fortuitous, but put up since 2007," attributing the release as " there is a problem in banknotes sequence as the highest category of cash (25 thousand dinars) equal to $ 22 and are therefore inadequate for transactions. "


    The Yasiri, that "the issuance of the new currency will facilitate a lot of transactions, and will contribute to reducing the demand for the dollar, at least in transactions," stressing that "no income for the government to issue category, not to project any connection with the financial crisis or deflation and inflation."


    He explained Yasiri, that "issuance of 50 thousand dinars category, and our thinking by issuing 100 thousand dinars category is one of the preliminary steps for the project to delete the zeros", adding that "the project to delete the zeros needs to be action extends for more than a year."


    On the other hand, stressed Yasiri, "not to the federal government's ability to withdraw funds from the reserve which is the cornerstone of the bank", pointing at the same time to "the existence of alternative solutions to the financial crisis experienced by the country."


    The central bank announced (November 11, 2015) for issuing a new banknote category of 50 thousand dinars, attributing this to the completion of the Iraqi Securities monetary structure and the development of high value in the trading category.


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


    Posts : 3484
    Join date : 2012-12-19

    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d Empty Re: Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d

    Post by Screwball Mon 16 Nov 2015, 2:25 am

    Yeah baby we all need action!
    sassy
    sassy
    Interacting Investor
    Interacting Investor


    Posts : 2030
    Join date : 2012-12-20

    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d Empty Re: Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d

    Post by sassy Mon 16 Nov 2015, 4:34 am

    duck Great article Proven!!   
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7463
    Join date : 2012-12-19

    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d Empty Re: Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d

    Post by weslin3 Mon 16 Nov 2015, 8:46 am

    A whole lot less talk and a whole lot more action..... I think maybe there is a song like that. lol! Maybe by Toby Keith....

    Sponsored content


    Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d Empty Re: Central Bank: the issuance of 50 thousand class paves the way for the deletion of zeros and reduce d

    Post by Sponsored content


      Current date/time is Sun 12 May 2024, 4:11 pm