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.

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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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    CBI News and Announcements

    lonelyintexas
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    Post by lonelyintexas Thu 05 Feb 2015, 4:35 pm

    First topic message reminder :

    News and Announcements



    ( press release ), the Directorate General of issuance and cabinets held at the Central Bank of Iraq, an expanded meeting with representatives of the banks to inform them on how to deal with banknotes in accordance with modern techniques in counting and examination . 


    02/05/2015
     
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    Post by mochasmom Sat 07 Feb 2015, 8:48 am

    Ok I think we all get it, they are going to issue small denoms. There. now, when? 4 year project, launch of economic initiatives on the 12th. No CBI gov. Yet...
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    Post by Screwball Sat 07 Feb 2015, 12:05 pm

    Offshore-Wealth.com wrote:Interesting,

    How many times have we all heard misleading information out of Iraq?  It is almost as if one hand does not know what the other is doing.  Is this just a strategy to throw everyone off target, or are they that splintered that they don't know what they are doing.  We have all been hearing lop no lop for years, so which is it?

    Trying to digest this trade restriction makes no sense to me.  To restrict 25 and 5 no matter what the value is a bit extreme, even if they were referring to 25k and 5K notes, at current value, it would make no sense given next to nothing value compared to outside of Iraq.  Even if it was based on potential restoring to the former rate of $3.22 per dinar, even that value based on the 25 and 5 reference, why restrict trade of such small amounts. In fact, why restrict any such currency restrictions given so much is already outside of Iraq?

    The rest of the restrictions do make sense, but the reference to 25 and 5 does not.  They don't clarify these two numbers, so what could they mean, no one seems to know. I am just trying to use common sense to define this restriction, but as we have learned during this long journey, very little common sense applies to anything in Iraq. lol  It sure would have helped if they stated 25 dinar and 5 dinar rather than just the numbers. Given the fact they didn't, we are seeing more confusion as I see it, so was it another mistake or strategy to throw us all off track?

    Confused is what I am over this little tidbit, especially since it makes no sense even if they were to lop, or remove zeros which has been the most confusing of all issues we have heard over and over again.  Are we having fun yet?  This is like a puzzle, all these little tidbits are in constant flux, what made sense yesterday, may not make sense today, never mind tomorrow, so I think we are all still confused by this tidbit, at least I know I am.  Can't seem to wrap my head around it as making any sense at all.

    Success to all,


    Mate, I thought it was strange because it even if dinar why a restriction on such a small amount? In country?
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    Post by Screwball Sat 07 Feb 2015, 12:20 pm

    Weird really but I will buy more just in case! Lol..
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    Post by Screwball Sat 07 Feb 2015, 12:50 pm

    Okay been thinking! Maybe it's not about restriction but more so reporting for customs and excise purposes? What's Kuwaitis?
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    Post by Neno Sat 07 Feb 2015, 1:01 pm

    It did state the 25 and 5 in dinars. Post#5...lol
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    Post by Neno Sat 07 Feb 2015, 1:04 pm

    weslin3 wrote:Glad to know that I'm not the only one confused on that 25 & 5.. Thanks Offshore and I don't know csd... Could be... Evidently duck and Neno has an idea on it..
    Doesn't matter what the value is be the customs site, it states dinars......

    Use to state 10,000 either dollars or dinars, I'm not sure have to wait on [You must be registered and logged in to see this link.] for that one.
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    Post by csd9013 Sat 07 Feb 2015, 1:40 pm

    Neno wrote:It did state the 25 and 5 in dinars. Post#5...lol
    OH I think I got. Heavy on the think. 

    Y'all are saying that 25 dinars are going to become 5 dinars?
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    Post by Screwball Sat 07 Feb 2015, 2:25 pm

    csd9013 wrote:
    Neno wrote:It did state the 25 and 5 in dinars. Post#5...lol
    OH I think I got. Heavy on the think. 

    Y'all are saying that 25 dinars are going to become 5 dinars?

    for me its why the low amounts??? why not keep it at 10,000????
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    Post by CITEX Sat 07 Feb 2015, 2:29 pm

    Most importantly.... who is gonna export or import 25 dinars... so with that they can't even take a penny out of Iraq without a tax... or bring one in... yet you can bring in eine. Smokes and other stuff... this tells me the rate change is immenent. How much it will be? Who really knows yet? Just looks like the paperwork is all getting lined up And prepped.
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    Post by Neno Sat 07 Feb 2015, 2:57 pm

    No, that is cash (dinars) leaving or entering the country guys.... Lol

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