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

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 280287
    Join date : 2012-12-21
    • Post n°1

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit Empty The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit

    Post by Rocky Sun Dec 08, 2013 5:17 pm

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» editions» confuse money market in Iraq

    Illustration of the "$ 100" issued by the United States in 2009

    Baghdad-Mustafa Nasser

    The Central Bank, said yesterday, the inability to delete zeros Iraqi currency, or add new banknotes, for fear of disrupting the Iraqi market, a parliamentary Committee said it "supports the decision of the Bank which was taken in consultation with the Council of Ministers" to protect the stability of the Iraqi market.

    This was in conjunction with the debate on securities market on the entry of the new paper edition coin US $ 100 into the country, stressing the Iraqi citizens international banker are still hesitant of circulating widely.

    An informed source said in the Central Bank, for "the world", "the Central Bank Chief, after consulting with officials and advisers of the Bank decided to postpone any new Iraqi currency, including the addition of new categories of paper or delete zeros."

    The source said, "this issue has been raised at a meeting of the Council of Ministers during which hosted by Central Bank Chief spoke about the obstacles that can affect the levels of the Iraqi market and economy in General, as the Iraqi experience is similar to the experience of other countries."

    He said, "the Central Bank unable to control the foreign currency flowing to Iraq and some of them may be false, that Iraq has become an open market and funds are transferred through exchange offices, money orders, and by persons travelling to and from Iraq."

    In related news, the source said, "counterfeit cash cent groups specifically very low dollar Iraq, particularly since Iraq announced that the Interior of any machine or gangs of counterfeiting of foreign currencies after 2008 after adjusting several gangs trafficking in fake dollars were seized a few thousand dollars in time." In return, Ahmed Hassan said Faizullah, a member of the parliamentary Finance Committee, said the Committee "discussed with the Governor of the Central Bank of file changes on the Iraqi currency, and everyone came to believe the difficulty deleting zeros or add new currencies and coins, for several reasons, including the absence of a genuine market and the possibility of confusion in case start pumping new currencies or delete zeros."

    Faizullah, said in an interview with "the world" today, "the currency issue is sensitive and very expensive and have a direct impact on the Iraqi Street. Is not easy to start a project like this. "

    But Faizullah believes that the central demands of solving the problem of corruption of the current currency, the Finance Committee addressed the Central Bank regarding certain categories of low-cash which must be replaced because it is linked to the food of the poor. "

    "Replace other low classes of metal is very expensive because the coins are heavy and printed are higher, and this causes the country bleeding more than it is now in the low currency loss that can be processed by the Central Bank to replace."

    , Said Muhammad Mohan, his Office Bank in Baghdad, for "the world", "its new $ 100 came slowly to Iraq."

    He said, ' new banknotes with higher specifications than the old $ 100 specification because it includes the additional hidden fees and his unveiling of the face than the previous currency. "

    Mohan, stressed that "the new currency introduced in 2009 but reached the Iraqi market late date produced almost a year ago I had a conversation about not traded in the market for it holds informal specifications can be rigged".

    He continued, "people expressed surprise at the currency because it is very modern, especially that somewhat different form of currency that is used by people, and there have been some problems."

    And the ease of circulation, said Mohan, in exchange offices do not find lowest level in dealing with it because we know it's official currency and can be replaced by remittances to accept replacement without charge, or succumb to the desire by the handle and replace. "

    For his part, said the Central Bank, for "the world", "the Central Bank auctions has not deliberated the new dollar, for a sufficient stock of dollar product in previous years."

    He noted that "the remittance offices receive category without fear because they know their eligibility and lack of seriousness of this expedition, and became a citizen beyond such things."

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

    [You must be registered and logged in to see this link.]
    • Back to top
    mbryan
    mbryan
    mbryan
    Cain't Let Go Investor
    Cain't Let Go Investor


    Posts : 431
    Join date : 2012-12-20
    Age : 65
    Location : Prairieville la. #225-936-0672
    • Post n°2

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit Empty Re: The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit

    Post by mbryan Sun Dec 08, 2013 6:20 pm

    thanks rocky
    • Back to top
    wayoutnow
    wayoutnow
    wayoutnow
    DieHard Investor
    DieHard Investor


    Posts : 550
    Join date : 2012-12-23
    Age : 50
    Location : Arkansas
    • Post n°3

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit Empty Re: The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit

    Post by wayoutnow Sun Dec 08, 2013 6:35 pm

    Just the fact they r talking about it lets us know what's about to happen and we r on the right track !!!! I believe this article is a mis directional article  !!!!  IMHO they r about to rv. !!!!
    • Back to top
    mochasmom
    mochasmom
    mochasmom
    Interacting Investor
    Interacting Investor


    Posts : 2993
    Join date : 2012-12-19
    • Post n°4

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit Empty Re: The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit

    Post by mochasmom Sun Dec 08, 2013 6:56 pm

    And talk of implementing the tarriff law is another clue
    • Back to top
    Sponsored content

    Sponsored content


    • Post n°5

    The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit Empty Re: The Central Bank reversed the deletion of zeros and issuing a new currency and another $ 100 «» edit

    Post by Sponsored content

    • Back to top
      Current date/time is Tue Nov 05, 2024 7:01 am