Central Bank: The deletion of zeros aims to tighten banknotes and needs parliamentary legislation

good upto date article, thanks Proven



maybe added info


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Always catches my attention when they mention deletion of zero's .

in this article there seems to be at least 3 previous article that made this up, i remember reading 3 previous

Seems like recycled?

of course...

Some tidbits for you that I have put together from articles 

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh, the readiness of the bank to start the process of removing three zeroes from the currency, noting that the objections [are incorrect] on that just Cecchekat is incorrect.

Saleh said (of the Agency news): The project is integrated and all concerned in the government support him and there is no one against him, and who object to this project is skeptical of the ability of the central bank to implement it.

The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and switch the currency,

Saleh: CBI is ready to delete the zeros; Government supports it and no one against it. However needs approval by GOI and House

Posted: May 31, 2012 
Saleh said in a press statement Project is integrated and all concerned in the government support him and there is no one against him, and who object to this project is skeptical of the ability of the central bank to implement it «.

He added that the central bank will be ready to implement the decision without hesitation if the government decided that,

He explained: that the draft deletion of zeros needs to the approval of the government and the House of Representatives for its success.

The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and switch the currency, 

05/29/2012

Central Bank announced new steps that will raise the value of Iraqi dinar against the dollar.

The deputy governor of the Central Bank of the appearance of Mohammed in a statement to the reporter (JD) that the central bank began to implement a new strategic equation will come out even where the dinar and the dollar if it is available the appropriate atmosphere.

Saleh added that the new strategy will work to increase the capacity of the Iraqi dinar as a step in the way of reform of the financial system in Iraq and stimulate the economy, and then proceed with a project to delete the zeros of the exit equation equal to the Iraqi dinar with the dollar

Also supported the Ministry of Finance implemented the idea and the fact that the deletion process will liberate the Iraqi economy from the constraints and enhance the value of the dinar in the Fund, the World Bank.

And promises to start see the futility of the project as we believe it does not lead to raise the value of Iraqi dinar,, we aspire to embrace the Iraqi Central Bank and economists project that aims to raise the value of Iraqi dinar to its previous value and return equal to (3.33) U.S. $ through a package of procedures and bold decisions

and the holding of the blockade has zero, and the events of 2003 have zero, and these three zeroes represent the pain of the Iraqi people, and delete it represents the hopes of the Iraqi people in progress, freedom and prosperity. “

Saleh said in an earlier statement that the Central Bank of Iraq has reached advanced stages of preparations for the mission logistics project to delete the three zeroes from the Iraqi currency, and after obtaining approval from the federal government to implement it will be working on a larger scale because it is a legitimate strategic interest to the general of the Iraqi people.

0.0008333) dollar / dinar in early December 2011 to (0.00077) dollars / JD in early April 2012. In other words, the number of dinars per dollar of (1200) JD / dollar in the free market to the (1300) JD / dollar during the period. The exchange rate that was in the seventies Sunni $ 3.20 / JD any more than the current price of more than four thousand times (almost “). (3.2 ÷ 0.00077 = 4155 times).

Mohammed Saleh in an interview with "Twilight News" "The Ministry of Finance expressed its opinion on the draft raise zeros from the Iraqi currency and had a reservation of this Order," explaining that "the ministry conservative of the timing of the start of the project because all the accounts of the budget will be recorded in accordance with the new currency. "

The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a statement to 'Twilight News' that' the Ministry of Finance expressed its opinion on the draft raise zeros from the Iraqi currency and had a reservation of this Order ', pointing out that' the ministry conservative of the timing of the start of the project because all the accounts of the budget will be recorded in accordance with the new currency '. 

Central Bank: the project to delete the zeros will not be implemented without the approval of the government and parliament 

BAGHDAD / Baghdadiya News / ... After a formal demand that the government of the Iraqi Central Bank to wait in the implementation of the project to delete three zeros from the Iraqi currency,

And members of the House of Representatives objection to this request, said the central implementation of the project will only be by the three parties and the approval of the Central Bank and the government and the House of Representatives.

thanks SB

Thanks everyone - keep praying it is soon

So what's your gut feeling on this Screwball.  Are they any closer with having the deleting approved do you think Screwball?