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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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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Rocky
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by Rocky Mon 17 Sep 2018, 5:06 pm

    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    By [You must be registered and logged in to see this link.]15 hours ago
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    Different categories of Iraqi currency
    Roudao - Erbil 

    The governor of the Central Bank, Ali Alaak, on Monday, the existence of a plan to delete zeros from the local currency, noting that "this plan needs to deliberate steps, so as not to be exploited in the fraud." 

    Al-Alak said in a statement to the official Sabah newspaper that "currencies with small categories, may lead the citizen to bid farewell to banks in the difficulty of storage." 

    He added that "the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation in order not to be exploited in the work of fraud and others." 

    He explained that "the Central Bank has a reserve of foreign currency very comfortable, approaching close to $ 60 billion, compared to 43 trillion dinars, which means that it covers 170 percent of the size of the mass of cash."

    On the launch of the currency of the category of 100 thousand dinars, the central bank governor pointed out that "these ideas are traded by the Central Bank, but at the present time regret it." 

    The central bank introduced in April a project to delete three zeros from the currency, in order to confront inflation and stimulate the economy, but was forced to stop because of the deterioration of the security and political situation in the country "to prevent manipulation and fraud of weak souls."



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    Stevethebrit
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by Stevethebrit Mon 17 Sep 2018, 5:38 pm

    Talk is cheap, heard this so many times but surely we are getting close now.
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by weslin3 Mon 17 Sep 2018, 5:40 pm

    Now they are talking again... 000
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty CBI: Plan to restructure currency and delete zeros

    Post by Rocky Tue 18 Sep 2018, 3:39 am

    CBI: Plan to restructure currency and delete zeros

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    Central Bank of Iraq
     The governor of the Central Bank of Iraq [url=https://www.thebaghdadpost.com/ar/Story/t/1339/%D8%B9%D9%84%D9%8A %D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82]on the[/url] existence of a plan to delete zeros from [You must be registered and logged in to see this link.] local [You must be registered and logged in to see this link.] , pointing out: "This plan needs to deliberate steps, so as not to be exploited in the fraud." 
     
    Alaq said in a press statement: "The currencies of small groups, may pay the citizen to deposit in banks for the difficulty of storage." 
     
    He pointed out that "the central bank has a future plan to restructure [You must be registered and logged in to see this link.]Iraqi [You must be registered and logged in to see this link.] , including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation in full so as not to be exploited in the work of forgery and others." 
     
    And on the launch of a currency of the category of 100 thousand dinars, the central bank governor pointed out: "These ideas are traded by the Central Bank, but at the present time regret it."



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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by sassy Tue 18 Sep 2018, 5:52 am

    Sure hope this is what we've been waiting for!!!   drunk
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by Screwball Tue 18 Sep 2018, 6:06 am

    Not long for this rumour to be put to bed one way or another.
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by Lobo Tue 18 Sep 2018, 11:36 am

    Thanks Rocky, praying it is so.
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by noced71 Tue 18 Sep 2018, 11:52 am

    Been thinking about this since yesterday before I posted. There actually is something different about this... If I recall, there were statements from Ali Alaak, that "the climate was not right...etc etc". This is different, he is saying it needs to be "deliberate."

    de·lib·er·ate
    adjective
    adjective: deliberate
    dəˈlib(ə)rət/Submit
    1.
    done consciously and intentionally.
    "a deliberate attempt to provoke conflict"
    synonyms: intentional, calculated, conscious, intended, planned, studied, knowing, willful, purposeful, purposive, premeditated, preplanned; voluntary, volitional


    I believe this new wording, along with the recent announcement of the issue of smaller catagories... we might really be on our way.
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    Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency Empty Re: Governor of the Central Bank of Iraq: We plan to delete zeros from the local currency

    Post by Proven Tue 18 Sep 2018, 12:03 pm

    noced71 wrote:Been thinking about this since yesterday before I posted. There actually is something different about this... If I recall, there were statements from Ali Alaak, that "the climate was not right...etc etc". This is different, he is saying it needs to be "deliberate."

    de·lib·er·ate
    adjective
    adjective: deliberate
    dəˈlib(ə)rət/Submit
    1.
    done consciously and intentionally.
    "a deliberate attempt to provoke conflict"
    synonyms: intentional, calculated, conscious, intended, planned, studied, knowing, willful, purposeful, purposive, premeditated, preplanned; voluntary, volitional


    I believe this new wording, along with the recent announcement of the issue of smaller catagories... we might really be on our way.



    Interesting.  I believe you are right.  Delete the zeros will coincide with tariffs at the border....deliberate.  


    I am trying to think what are the deliberate steps to avoid fraud....An educational campaign?


    Last edited by Proven on Tue 18 Sep 2018, 12:05 pm; edited 1 time in total

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