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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


5 posters

    The central bank announces the lack of cash and plans to attract the money choked

    Rocky
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    • Post n°1

    The central bank announces the lack of cash and plans to attract the money choked Empty The central bank announces the lack of cash and plans to attract the money choked

    Post by Rocky Tue 12 Sep 2017, 12:10 pm

    [size=22][You must be registered and logged in to see this link.][/size]
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    The Central Bank of Iraq announced Monday that the available cash is not available, pointing out plans to attract money and pump it into the banking system. 

    "Stagnation is a problem and a source of concern for many countries, especially after the recent technological developments and the subsequent achievements and huge savings in the incomes of the elements of production," the bank's governor Ali Al-Alaq said. 

    Al-Alaq added that "the Central Bank observes this phenomenon directly and that the available cash is not available as planned," noting that "the Central Bank has a scheme to resolve this issue by setting plans and studies to attract funds and their attractions within the banking system." 

    It is noteworthy that the term 'compactness' means holding money and locking it away from trading. It may be hard to bury the money or to keep it in the boxes inside the house and not to take it out to trade in the money and capital markets.


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    noced71
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    • Post n°2

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

    Post by noced71 Tue 12 Sep 2017, 12:46 pm

    I keep thinking about this recurring article. In my opinion, this will raise the value, as it will create a demand/shortage for dinar. Thoughts anyone?
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    jedi17
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    • Post n°3

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

    Post by jedi17 Tue 12 Sep 2017, 1:33 pm

    I have no idea what this article is stating.  The component about locking away money refers to the cash based society that Iraq is, and that most of their money supply is in the private hands of citizens.  I think this article may refer to automated payments when referring to their "technological advancements".  "Attracting money may be their way of pulling in some of the dinars from peoples locked boxes and investing them in banking sectors.....who knows
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    weslin3
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    • Post n°4

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

    Post by weslin3 Tue 12 Sep 2017, 3:22 pm

    Trying to get them to bring in their dinars?
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    jedi17
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    • Post n°5

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

    Post by jedi17 Thu 14 Sep 2017, 9:12 pm

    Central Bank to Tackle Hoarding of Iraqi Dinars

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    September 14, 2017 in [You must be registered and logged in to see this link.]

    By John Lee.
    The Central Bank of Iraq (CBI) has held symposium entitled “Analysis of the phenomenon of Hoarding in Iraq“, addressing the problem of people hoarding Iraqi dinars (IQD), and not making them available to the banking system.
    During the seminar, the Governor of the Central Bank, Dr. Ali Mohsen Ismail (pictured), pointed out that cash is not available as planned, and that the CBI is drawing up plans to solve this problem and attract money into the banking system.
    According to a CBI statement, the term “hoarding” is used in its economic sense to mean “holding money and imprisoning it from circulation or keeping them in the boxes inside the house and not taking them out to trade in the markets.“
    (Source: Central Bank of Iraq)



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    azdinar
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    • Post n°6

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

    Post by azdinar Thu 14 Sep 2017, 9:49 pm

    We have some stuffed in our mattress. We would be happy to exchange.jocolorbounce
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    weslin3
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    • Post n°7

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

    Post by weslin3 Fri 15 Sep 2017, 12:07 am

    Exactly! geek
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    • Post n°8

    The central bank announces the lack of cash and plans to attract the money choked Empty Re: The central bank announces the lack of cash and plans to attract the money choked

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