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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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    Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Rocky
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by Rocky Sat 27 Jul 2013, 2:10 pm

    Iraq: the start of procedures to delete 3 zeros from Alamlha the





    July 27, 2013



    BAGHDAD, Iraq (CNN) - said the Finance Committee representative in Iraq, said the central bank, according to the communications of the official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic, in a new development at the level of currency Iraq, which has suffered large waves of inflation and the decline in exchange rates.



    It quoted "IMN" official member of the Finance Committee, Abdul Hussein al-Yasiri, saying that he is supposed to begin preparations necessary to delete the three zeroes from the local currency, adding that the local currency "will reduce from four billion units to one billion units, which will make a smooth flow in the process of transfer of the currency. "



    Yasiri between the Finance Committee "to make changes to support the local currency because of the economic importance of the country." The central bank says that the deletion of zeros is part of a plan to develop its monetary policy and currency management reform.



    The CBI had said in August / last August that he plans to delete the zeros from the Iraqi dinar to facilitate financial transactions carried out through cash in most cases.



    Among the difficulties faced by Iraq if they wanted to embark on the deletion of zeros from the dinar is pulling about 30 trillion dinars in circulation in the Iraqi market now, then get rid of them and replace them with a new currency.


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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by Rocky Sat 27 Jul 2013, 2:21 pm

    Parliamentary Finance: Central Bank starts during the current year measures the deletion of zeros from currency

    Baghdad. Sabah
    said parliamentary Finance Committee, the central bank, according to correspondences official start of this year procedures deleting three zeros from the local currency, saying that it would lead to the development of cash transactions and economic international.
    A member of the Finance Committee Abdul Hussein al-Yasiri Center Brief for the Iraqi Media Network (IMN) It "According Almkhtabat official with the central bank, it is supposed to start this year Balastaadadt necessary to delete three zeros from the local currency."
    and noted that "the local currency will reduce from four billion units to one billion units which will make there Anciabh in the process of the transfer of currency."
    and between Yasiri that "the Finance Committee supports changes to the local currency because of the importance of the country's economic."
    The central bank says that the deletion of zeros comes within the plan for the development of monetary policy and the reform of currency management.
    and was a member of the Finance Committee parliamentary Haitham al-Jubouri, had said in an earlier statement to him that "replacement currency and delete Ocefarha will features the best and the biggest decrease of the volume of inflation and revive the dinar due to lack of demand for the dollar, which comes positive aspects significant to the economy of the country, and replaced revive economy Alibd but needs political environment and economic environment for the implementation of the project without facing any obstacles lead to the deterioration of the currency Iraqi ".
    was the Iraqi Central Bank has pointed out last August that plans to delete the zeros from the Iraqi dinar to facilitate financial transactions made ​​through cash in most cases. Among the difficulties faced by Iraq if they are to foot the deletion of zeros from the dinar is withdrawn about 30 trillion dinars in circulation in the Iraqi market, then discarded and replaced with a new currency

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    bob
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by bob Sat 27 Jul 2013, 3:09 pm

    thanks rocky. i like the last line, discarded and replaced with new currency.( lower denoms i think)
    Screwball
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by Screwball Sat 27 Jul 2013, 6:05 pm

    roll on End of August - end of Sept
    mochasmom
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by mochasmom Sat 27 Jul 2013, 6:13 pm

    Screwball wrote:roll on End of August - end of Sept

     Why aug.?
    gundam701
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by gundam701 Sat 27 Jul 2013, 10:39 pm

    okay that was said last August. Don't let it be a year before you actually implement it.  You only got 4 more days until it will be a year.  Let's get it done :)
    Neno
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by Neno Sun 28 Jul 2013, 12:17 am

    bob wrote:thanks rocky. i like the last line, discarded and replaced with new currency.( lower denoms i think)
    Yes, your right but, never forget electronic transactions hint, smart cards.... ;)
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by notazbad2000 Sun 28 Jul 2013, 10:53 am

    Neno wrote:
    Yes, your right but, never forget electronic transactions hint, smart cards.... ;)

     Meaning the transistion will be instantaeous!


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    The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.
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    Iraq: the start of procedures to delete 3 zeros from Alamlha the  Empty Re: Iraq: the start of procedures to delete 3 zeros from Alamlha the

    Post by Neno Sun 28 Jul 2013, 12:08 pm

    notazbad2000 wrote:
    Neno wrote:
    Yes, your right but, never forget electronic transactions hint, smart cards.... ;)

     Meaning the transistion will be instantaeous!
    That too I guess but, I meant CASH LESS transactions...

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