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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


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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year

    Rocky
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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year Empty Parliamentary committee calls for the central bank to implement deletion of zeros early next year

    Post by Rocky Tue 28 Oct 2014, 5:38 am

    Parliamentary committee calls for the central bank to implement deletion of zeros early next year



    28/10/2014

     
     
    BAGHDAD / JD / .. the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency.
    A member of the Committee MP Jamal told Joker / JD /: he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other."
    He noted: "The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages," calling on the central bank to "start implementing the initial stages beginning the year 2015 ".
    He ruled out the Joker, "for economic problems in the event of implementation of the project during the next few days," pointing out that "the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market."
    The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years. / Finished / 8 /   

                                                                                                                                                                   [You must be registered and logged in to see this link.]...pv=210&es_sm=93
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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year Empty Re: Parliamentary committee calls for the central bank to implement deletion of zeros early next year

    Post by wciappetta Tue 28 Oct 2014, 6:18 am

    rocky wrote:Parliamentary committee calls for the central bank to implement deletion of zeros early next year



    28/10/2014

     
     
    BAGHDAD / JD / .. the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year, because of its great importance to support the national currency.
    A member of the Committee MP Jamal told Joker / JD /: he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other."
    He noted: "The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment after the new government's policy to strengthen relations with all countries, where it will begin the Central Bank to implement the project in the form of stages," calling on the central bank to "start implementing the initial stages beginning the year 2015 ".
    He ruled out the Joker, "for economic problems in the event of implementation of the project during the next few days," pointing out that "the project is one of the important strategic projects of the country being reduces the money supply and works to reduce the rate of inflation in the market."
    The central bank is preparing to issue a new edition of the coin category 50 000 dinars, while noting that the project to delete the zeros will be implemented over the next five years. / Finished / 8 /   

                                                                                                                                                                   [You must be registered and logged in to see this link.]...pv=210&es_sm=93

    This is what I expect ...
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    Parliamentary committee calls for the central bank to implement deletion of zeros early next year Empty Re: Parliamentary committee calls for the central bank to implement deletion of zeros early next year

    Post by duck2000 Tue 28 Oct 2014, 6:22 am

    who da thunk it?  hi  

    /: he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other."
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    Post by wciappetta Tue 28 Oct 2014, 8:51 am

    That's the way it has to be..... there is no reason bring in larger banknotes ...


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    Post by lonelyintexas Tue 28 Oct 2014, 8:57 am

    Seems things are on a roll, these are really great articles.  They are showing a plan and it is coming into view slowly, but surely. 
    Thanks
    LIT

    Yeah who'd a thunk it
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    Post by day dreamer Tue 28 Oct 2014, 9:23 am

    duck2000 wrote:who da thunk it?  hi  

    /: he was "on the central bank to start the implementation of the initial phases of the project to delete the three zeroes from the currency, instead of resorting to the issuance of new editions of the coin with a large class K 50 000 dinars, or other."

    who da thunk it!!!

    tongue
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    Post by weslin3 Tue 28 Oct 2014, 10:02 am

    Whew! Glad that is over with on the 50,000 coin. That was concern for me.  
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    Post by dizzydee Tue 28 Oct 2014, 1:36 pm

    that the project to delete the zeros will be implemented over the next five years. / Finished / 8 /



    why should it take so long?
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    Post by day dreamer Tue 28 Oct 2014, 4:20 pm

    dizzydee wrote:that the project to delete the zeros will be implemented over the next five years. / Finished / 8 /



    why should it take so long?
    calling on the central bank to "start implementing the initial stages beginning the year 2015 ".



    it appears that they are considering the revaluation the beginning of the stage being implemented.......
    after the revalue they will have to release the lower denoms  & take up all the larger ones.
    I believe that's the 5 year process their talking about,
     they believe by the end of 5 years they should have it completed.....i'm sure there's more to the process but it's what I believe their saying when they say over the next 5 years
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    Post by weslin3 Tue 28 Oct 2014, 5:42 pm

    Sounds good day dreamer....

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