[You must be registered and logged in to see this link.] Sorry can only post link.
+8
Proven
jbowhunter
sassy
Screwball
Rip534
noced71
jedi17
dizzydee
12 posters
Delete zeros priority??
jedi17- Moderator
- Posts : 10738
Join date : 2013-02-20
- Post n°2
Re: Delete zeros priority??
found and translated from link:
Page not found
Sorry, the requested page could not be found. Please check the page title and try again, or search the site for the requested page.
Page not found
Sorry, the requested page could not be found. Please check the page title and try again, or search the site for the requested page.
noced71- Cain't Let Go Investor
- Posts : 360
Join date : 2012-12-19
- Post n°3
Re: Delete zeros priority??
dizzydee wrote:[You must be registered and logged in to see this link.] Sorry can only post link.
Author: [You must be registered and logged in to see this link.] 26/11/2017 12:00 AM [rtl]We are on the doors of the year 2018 Or is the date of deletion of the three zeros of the Iraqi dinar a question addressed to the makers of monetary policy ?. The past years have seen a wide debate about the advantages and disadvantages of deleting zeros. Which brings this debate back to the forefront, but we are at the beginning of the road towards a rational economic reform that restores the country's strength and strength after being subjected to several tremors almost paralyzed. I see that the return of the subject delete the zeros to the forefront at a time when the steps of the reform calmly and slowly and unrivaled is a real vision to restore the real value of the Iraqi dinar to remain master of currencies at the level of local trading without rushing on the acquisition of the dollar to invest outside the country, and perhaps the advantages of the dinar equivalent with The dollar in terms of value, content and appearance of the debt to invest domestically, because it is difficult to invest currencies in the world outside the dollar as the currency of the most receptive and popular in transactions and investments. This and other advantages lead to the adoption of consideration of this project and study the possibility of its application during the year 2018 as one of the basics of monetary and banking reform. Perhaps follow the steps in reducing the exchange rate of the dollar gradually after the challenge of security will devote convictions and accept the deletion of zeros, which faced in a timely split between supporters and opponents because of poor understanding of raising zeros, and importance and advantages, especially when some believe that the deletion of zeros will reduce the size of the reserves of dinars because Their view of their size is not to their true value. It should be noted that monetary policy had followed a balanced and balanced plan to reduce the exchange rate of the dollar against the dinar and succeeded to some extent fixed on what it is now, where it was able to reduce from 200 thousand to 100 dollars to 120 thousand dinars and the goal to reach 100 thousand Dinars but circumstances prevented timely completion of the gradual reduction. Today, it is easy for the Central Bank of Iraq to work on the principle of gradually reducing the exchange rate to the extent that it can be equivalent to the dinar against the dollar, so as to accept and digest the process of deleting zeros, so the advantage of reducing the size of money assured the owner to keep a small amount of cash with the bone market value And actual. For this, the deletion of zeros or raise them from the Iraqi currency will make them enjoy these advantages in the field of compactness and commercial transactions and the risks are much lower than the large cash volumes. The bottom line is that it is necessary to adopt the Central Bank of Iraq for the project to delete the zeros and work on its implementation from now in order to achieve the objectives of reducing the size of the monetary mass, and required a media program to devote convictions to the importance of this project[/rtl] |
Rip534- Getting It Investor
- Posts : 35
Join date : 2012-12-22
Age : 75
Location : Shrveport Louisiana
- Post n°4
Re: Delete zeros priority??
Looking Good
Screwball- Interacting Investor
- Posts : 3484
Join date : 2012-12-19
- Post n°5
Re: Delete zeros priority??
Anyone know how to calculate exchnage rate conversion from 00086 to usd rate?
sassy- Interacting Investor
- Posts : 2030
Join date : 2012-12-20
- Post n°6
Re: Delete zeros priority??
Didn't there used to be a calculator somewhere here on nenos? Liked the article, things are moving right along it seems!Screwball wrote:Anyone know how to calculate exchnage rate conversion from 00086 to usd rate?
jbowhunter- Dedicated Investor
- Posts : 178
Join date : 2012-12-19
Age : 54
- Post n°7
Re: Delete zeros priority??
Isn’t .00086 the equivalent in USD to one IQD? So, IQD 1,000,000 x .00086 = $860? $1/.00086 = IQD 1162.79.Screwball wrote:Anyone know how to calculate exchnage rate conversion from 00086 to usd rate?
Unless I’m not understanding your question.
Proven- NNP TEAM
- Posts : 1858
Join date : 2012-12-21
- Post n°8
Re: Delete zeros priority??
Thanks Dizzydee.
I was wondering why we have not heard for calls to delete the zeros.
Purposefully denial?
Here are some good quotes:
We are on the doors of the year 2018 Or is the date of deletion of the three zeros of the Iraqi dinar a question addressed to the makers of monetary policy ?
the possibility of its application during the year 2018 as one of the basics of monetary and banking reform.
It should be noted that monetary policy had followed a balanced and balanced plan to reduce the exchange rate of the dollar against the dinar and succeeded to some extent fixed on what it is now, where it was able to reduce from 200 thousand to 100 dollars to 120 thousand dinars and the goal to reach 100 thousand Dinars but circumstances prevented timely completion of the gradual reduction.
Today, it is easy for the Central Bank of Iraq to work on the principle of gradually reducing the exchange rate to the extent that it can be equivalent to the dinar against the dollar, so as to accept and digest the process of deleting zeros, so the advantage of reducing the size of money assured the owner to keep a small amount of cash with the bone market value And actual.
For this, the deletion of zeros or raise them from the Iraqi currency will make them enjoy these advantages in the field of compactness and commercial transactions and the risks are much lower than the large cash volumes.
The bottom line is that it is necessary to adopt the Central Bank of Iraq for the project to delete the zeros and work on its implementation from now in order to achieve the objectives of reducing the size of the monetary mass, and required a media program to devote convictions to the importance of this project
I was wondering why we have not heard for calls to delete the zeros.
Purposefully denial?
Here are some good quotes:
We are on the doors of the year 2018 Or is the date of deletion of the three zeros of the Iraqi dinar a question addressed to the makers of monetary policy ?
the possibility of its application during the year 2018 as one of the basics of monetary and banking reform.
It should be noted that monetary policy had followed a balanced and balanced plan to reduce the exchange rate of the dollar against the dinar and succeeded to some extent fixed on what it is now, where it was able to reduce from 200 thousand to 100 dollars to 120 thousand dinars and the goal to reach 100 thousand Dinars but circumstances prevented timely completion of the gradual reduction.
Today, it is easy for the Central Bank of Iraq to work on the principle of gradually reducing the exchange rate to the extent that it can be equivalent to the dinar against the dollar, so as to accept and digest the process of deleting zeros, so the advantage of reducing the size of money assured the owner to keep a small amount of cash with the bone market value And actual.
For this, the deletion of zeros or raise them from the Iraqi currency will make them enjoy these advantages in the field of compactness and commercial transactions and the risks are much lower than the large cash volumes.
The bottom line is that it is necessary to adopt the Central Bank of Iraq for the project to delete the zeros and work on its implementation from now in order to achieve the objectives of reducing the size of the monetary mass, and required a media program to devote convictions to the importance of this project
Stevethebrit- Cain't Let Go Investor
- Posts : 423
Join date : 2012-12-19
- Post n°9
Re: Delete zeros priority??
Nice job Proven, thanks.Proven wrote:Thanks Dizzydee.
I was wondering why we have not heard for calls to delete the zeros.
Purposefully denial?
Here are some good quotes:
We are on the doors of the year 2018 Or is the date of deletion of the three zeros of the Iraqi dinar a question addressed to the makers of monetary policy ?
the possibility of its application during the year 2018 as one of the basics of monetary and banking reform.
It should be noted that monetary policy had followed a balanced and balanced plan to reduce the exchange rate of the dollar against the dinar and succeeded to some extent fixed on what it is now, where it was able to reduce from 200 thousand to 100 dollars to 120 thousand dinars and the goal to reach 100 thousand Dinars but circumstances prevented timely completion of the gradual reduction.
Today, it is easy for the Central Bank of Iraq to work on the principle of gradually reducing the exchange rate to the extent that it can be equivalent to the dinar against the dollar, so as to accept and digest the process of deleting zeros, so the advantage of reducing the size of money assured the owner to keep a small amount of cash with the bone market value And actual.
For this, the deletion of zeros or raise them from the Iraqi currency will make them enjoy these advantages in the field of compactness and commercial transactions and the risks are much lower than the large cash volumes.
The bottom line is that it is necessary to adopt the Central Bank of Iraq for the project to delete the zeros and work on its implementation from now in order to achieve the objectives of reducing the size of the monetary mass, and required a media program to devote convictions to the importance of this project
jedi17- Moderator
- Posts : 10738
Join date : 2013-02-20
- Post n°10
Re: Delete zeros priority??
nice find Dizzy!!!
Today at 2:23 am by KUANYIN
» Central Bank of Iraq sells over $1.16 billion in foreign currency
Yesterday at 5:52 pm by Bama Diva
» Iraq-China trade cooperation reaches $50 billion in 11 months
Yesterday at 5:45 pm by Bama Diva
» Salih: Iraq ranks first in the world in the concentration of natural resources
Sat 11 Jan 2025, 10:51 am by Bama Diva
» PM Advisor: The monetary enhancement mechanism will safeguard financial stability in the country
Sat 11 Jan 2025, 10:45 am by Bama Diva
» Government Adviser: Non-Oil GDP Growth in 2024 Reaches Unprecedented Levels
Sat 11 Jan 2025, 10:42 am by Bama Diva
» Parliament conforms to World Bank on the importance of government infrastructure in development
Sat 11 Jan 2025, 10:37 am by Bama Diva
» PM: Restructuring government banks to ensure the availability of capabilities and openness with glob
Sat 11 Jan 2025, 10:33 am by Bama Diva
» entral Bank: There is no financial problem threatening employees’ salaries and we have great capabil
Sat 11 Jan 2025, 10:25 am by Bama Diva
» Basra crude achieves weekly gains amid rising oil markets
Sat 11 Jan 2025, 10:10 am by Bama Diva
» The dollar falls against the dinar in Baghdad and Erbil with the closing at the beginning of the wee
Sat 11 Jan 2025, 10:06 am by Bama Diva
» PM Al-Sudani eyes tourism as a cornerstone of Iraq’s non-oil economy
Sat 11 Jan 2025, 9:57 am by Bama Diva
» PMF Chief: Iraq's armed forces at their strongest
Sat 11 Jan 2025, 9:43 am by Bama Diva
» INA discusses exchange rates files, foreign transfers, and housing initiatives with the CBI governor
Fri 10 Jan 2025, 6:29 pm by Bama Diva
» Government Adviser: Non-Oil GDP Growth in 2024 Reaches Unprecedented Levels
Fri 10 Jan 2025, 6:25 pm by Bama Diva
» Parliament conforms to World Bank on the importance of government infrastructure in development
Fri 10 Jan 2025, 6:20 pm by Bama Diva
» Iraq exports oil worth over $5 billion to US in 11 months
Fri 10 Jan 2025, 5:30 pm by Bama Diva
» Iraq’s Ministry of Oil announces 2024 petroleum product sales
Fri 10 Jan 2025, 5:25 pm by Bama Diva
» US dollar exchange rate continues to decline in Iraq
Fri 10 Jan 2025, 5:20 pm by Bama Diva
» Iraq completes 400-kilometer security border wall with Syria
Fri 10 Jan 2025, 5:15 pm by Bama Diva
» Iraq collaborates with Ernst & Young on state-owned bank reforms
Fri 10 Jan 2025, 5:07 pm by Bama Diva
» Kurdistan records a significant increase in the number of imported cars during 2024
Thu 02 Jan 2025, 4:01 am by Rocky
» The Ministry of Justice announces the implementation of the electronic payment system in all notary
Thu 02 Jan 2025, 3:59 am by Rocky
» The Ministry of Justice counts the achievements and activities achieved during the past year accordi
Thu 02 Jan 2025, 3:58 am by Rocky
» Central Bank: We have started working with the correspondent banking system
Thu 02 Jan 2025, 3:55 am by Rocky
» Is the Ministry of Finance hiding the facts?.. An expert reveals the main reason for the shortage of
Thu 02 Jan 2025, 3:53 am by Rocky
» Reconstruction: 2025 plan includes 70 external road projects
Thu 02 Jan 2025, 3:49 am by Rocky
» Economist: The government is obligated to pay salaries as it is a matter of fate
Thu 02 Jan 2025, 3:47 am by Rocky
» The Central Bank of Iraq opens new horizons in foreign transfers and enhances international financia
Thu 02 Jan 2025, 3:45 am by Rocky
» Judge Zidane and Al-Sudani are the first to disclose their financial assets in 2025
Thu 02 Jan 2025, 3:42 am by Rocky
» Oil Price: Trump's Team Considers 'Direct Sanctions' on Iraq That Will Hit Oil
Thu 02 Jan 2025, 3:40 am by Rocky
» Parliamentary Integrity: The amounts recovered from the “theft of the century” do not exceed 5%, and
Wed 01 Jan 2025, 3:04 pm by Bama Diva
» Dinars entering the Ministry of Finance are 20% less than the amount it needs.. Iraqis start their n
Wed 01 Jan 2025, 2:50 pm by Bama Diva
» Mazhar Saleh: No salary crisis and financial reserves cover liquidity completely
Wed 01 Jan 2025, 4:04 am by Rocky
» Central Bank announces major achievement in foreign transfers
Wed 01 Jan 2025, 4:02 am by Rocky
» Confirmation that America is putting pressure on Al-Sudani to transform the Iraqi regime into "secul
Wed 01 Jan 2025, 3:59 am by Rocky
» Warnings of the dangers of the Turkish-Zionist-American plan to destabilize Iraq
Wed 01 Jan 2025, 3:57 am by Rocky
» Expert: Iraqi economy is stable despite changes in the dollar market
Wed 01 Jan 2025, 3:56 am by Rocky
» Economist praises ASYCUDA automation system: A step towards achieving important resources
Wed 01 Jan 2025, 3:55 am by Rocky
» More than $60 billion in Iraqi currency auction sales in 2024
Wed 01 Jan 2025, 3:53 am by Rocky
» Is there a salary crisis in Iraq? Al-Sudani’s advisor explains
Wed 01 Jan 2025, 3:50 am by Rocky
» The Central Bank decides to suspend withdrawals and deposits for four days
Wed 01 Jan 2025, 3:46 am by Rocky
» Al-Sudani Office announces the implementation of the global ASYCUDA system to automate customs opera
Wed 01 Jan 2025, 3:42 am by Rocky
» The leaders “reconciled” and the amendment of the electoral law is “a done deal”.. What does this da
Wed 01 Jan 2025, 3:41 am by Rocky
» With the document .. MP Sand files a complaint against the Ministry of Finance .. for this reason
Wed 01 Jan 2025, 3:39 am by Rocky
» Parliamentary Finance: The government is working to enhance non-oil revenues
Wed 01 Jan 2025, 3:37 am by Rocky
» The 10 most indebted Arab countries in 2024.. This is Iraq's rank
Wed 01 Jan 2025, 3:35 am by Rocky
» utube 12/27/24 MM&C MM&C Iraq Dinar News-Iraqs Wealth Fund-National Currency-Arab World Volume Tra
Tue 31 Dec 2024, 7:42 am by Rocky
» utube 12/28/24 Iraq - CBI Governor Makes an Announcement, Digital Banking Expansion
Tue 31 Dec 2024, 7:41 am by Rocky
» utube 12/29/24 MM&C MM&C Iraq Dinar News-Digital Transformation-Global Economic Power-USA-Imminent
Tue 31 Dec 2024, 7:40 am by Rocky
» utube 12/31/24 MM&C MM&C Iraq Dinar News-Commemorative Coin?-Investment Attractive-Dollar Auction
Tue 31 Dec 2024, 7:40 am by Rocky
» Al-Sudani chairs expanded meeting to review Oil Ministry projects
Tue 31 Dec 2024, 7:35 am by Rocky
» Prime Minister stresses importance of investing best opportunities to maximize state revenues
Tue 31 Dec 2024, 7:27 am by Rocky
» Prime Minister's Office announces implementation of ASYCUDA global system for automating customs ope
Tue 31 Dec 2024, 7:24 am by Rocky
» Judiciary: Recovering 12 billion dinars for financial fraud crime
Tue 31 Dec 2024, 7:20 am by Rocky
» US-Iranian Tension: Iraq Between Competition and Mediation Role After Trump’s Return
Tue 31 Dec 2024, 7:14 am by Rocky
» MP confirms settlement of controversy over ministerial amendments
Tue 31 Dec 2024, 7:07 am by Rocky
» National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature
Tue 31 Dec 2024, 7:05 am by Rocky
» Economist: Relying on oil as a source of revenue will have serious consequences
Tue 31 Dec 2024, 7:03 am by Rocky
» Al-Maliki: Repeated amendments to the election law weaken voter confidence in the political process
Tue 31 Dec 2024, 7:01 am by Rocky
» Parliamentary Legal: Interrogating ministers and officials is still subject to political agreements
Tue 31 Dec 2024, 6:58 am by Rocky
» Due to the American veto, Iraq suffers from a weak armament in the face of regional developments
Tue 31 Dec 2024, 6:52 am by Rocky
» What is holding up the passage of the oil and gas law so far?
Tue 31 Dec 2024, 6:49 am by Rocky
» New Cabinet Resolutions Package
Tue 31 Dec 2024, 6:45 am by Rocky
» Experts speak to {Sabah} about the most important economic events in 2024
Tue 31 Dec 2024, 6:36 am by Rocky
» Al-Sudani stresses the importance of review and investing the best opportunities to maximize state r
Tue 31 Dec 2024, 6:30 am by Rocky
» With more than 30 billion dollars... a leap in the projects market in Iraq
Tue 31 Dec 2024, 5:15 am by Rocky
» Central Bank of Iraq sells about $290 million in currency auction
Tue 31 Dec 2024, 5:12 am by Rocky
» Customs: Our revenues increased by 128% during the current year
Tue 31 Dec 2024, 5:08 am by Rocky
» Our Economic and Financial Vision for 2025 in Iraq
Tue 31 Dec 2024, 5:05 am by Rocky
» How much of Iraq's electrical system has been lost due to the halt of Iranian gas?
Tue 31 Dec 2024, 5:02 am by Rocky
» $31.7 billion is the increase in the value of its market projects in Iraq
Tue 31 Dec 2024, 5:00 am by Rocky
» Turkmen gas will cover 50% of Iraq's stations' needs.. New details about the agreement
Tue 31 Dec 2024, 4:57 am by Rocky
» Basra-Haditha oil pipeline.. will go to 5 countries and this is its value
Tue 31 Dec 2024, 4:55 am by Rocky
» Early talk about postponing the elections is “evidence” of Iraq’s entry into the map of change in th
Tue 31 Dec 2024, 4:52 am by Rocky
» New details on the incident of the "death of a US National Guard soldier" in Iraq - Urgent
Tue 31 Dec 2024, 4:48 am by Rocky
» Economist: Iraq-Jordan oil pipeline enters implementation phase
Tue 31 Dec 2024, 4:45 am by Rocky
» International Report: 2025 will be the largest year for projects inside Iraq
Tue 31 Dec 2024, 4:42 am by Rocky
» Monetary policy collapses in Iraq.. Investment in banks is almost non-existent and the Central Bank
Tue 31 Dec 2024, 4:40 am by Rocky
» We have started preparing for next summer.. Electricity: The agreement to supply Turkmen gas will co
Tue 31 Dec 2024, 4:37 am by Rocky
» Former MP: Wrong timing hinders the passage of laws
Tue 31 Dec 2024, 4:35 am by Rocky
» The Prime Minister's Media Office said in a statement: "Prime Minister Mohammed Shia al-Sudani chair
Tue 31 Dec 2024, 4:33 am by Rocky
» Al-Hakim calls for benefiting from the Japanese experience in combating corruption
Tue 31 Dec 2024, 4:31 am by Rocky
» Türkiye is considering establishing an oil pipeline with Syria and linking it to the Iraqi Kirkuk-Ce
Tue 31 Dec 2024, 4:30 am by Rocky
» 2024, the year of crises, bids farewell to Iraq without answers: What is the fate of the Popular Mob
Tue 31 Dec 2024, 4:29 am by Rocky
» Agriculture Committee: Strict measures to protect the agricultural calendar and support local produc
Tue 31 Dec 2024, 4:27 am by Rocky
» MP: Delay in employees’ salaries is unjustified and we demand that the Ministry of Finance clarify t
Tue 31 Dec 2024, 4:23 am by Rocky
» Al-Sudani chairs a special meeting on the integrated South Basra project, which includes several ene
Tue 31 Dec 2024, 4:18 am by Rocky
» The Iraqi government approves the contract to establish the oil pipeline (Basra-Haditha)
Tue 31 Dec 2024, 4:16 am by Rocky
» The government agrees to increase the fees for examining and marking gold jewellery
Tue 31 Dec 2024, 4:13 am by Rocky
» MP: There is no longer any intention by the government to make a ministerial reshuffle
Tue 31 Dec 2024, 4:10 am by Rocky
» Transparency: Sulaymaniyah and Halabja imports in 2024 amounted to more than 897 billion dinars
Tue 31 Dec 2024, 4:06 am by Rocky
» Despite the denial of the Ministry of Finance, MPs talk about a shortage of liquidity
Tue 31 Dec 2024, 4:00 am by Rocky
» 'Secret' documents reveal Britain's anger at France's rejection of 2003 Iraq war
Tue 31 Dec 2024, 3:58 am by Rocky
» The leaders have "reconciled" and the amendment of the electoral law is "a done deal".. What does th
Tue 31 Dec 2024, 3:54 am by Rocky
» Observers: The Central Bank claims the success of its monetary policy without any effect on reality
Mon 30 Dec 2024, 9:38 am by Rocky
» Sudanese advisor reveals government's philosophy for future of national economy
Mon 30 Dec 2024, 9:22 am by Rocky
» Al-Sayhoud calls for activating the investment sector to diversify resources and achieve self-suffic
Mon 30 Dec 2024, 9:14 am by Rocky
» Private Banks Association to Nina: Government support will enhance the success of the Kafalat Compan
Mon 30 Dec 2024, 9:13 am by Rocky