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


+18
Cat561
duck2000
jbowhunter
beverly508
gmc
Proven
azareus
franny
Neno
Stevethebrit
dizzydee
jedi17
jackolatern
sassy
lonelyintexas
day dreamer
mochasmom
wciappetta
22 posters

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    wciappetta
    wciappetta
    wciappetta
    NNP TEAM
    NNP TEAM


    Posts : 5321
    Join date : 2012-12-20
    • Post n°1

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by wciappetta Sun 16 Aug 2015, 10:09 am

    First topic message reminder :

    Gee I think he is suggesting a $3.00 plus revalue is the appropriate course of action ...


    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market
    Economy and tenders
     Since 16.08.2015 at 11:24 (GMT Baghdad)
    [You must be registered and logged in to see this link.]
    Special - scales News
    He stressed the economic expert on behalf of Jamil Antoine, Sunday, that the deletion of zeros from the Iraqi dinar will reduce the US dollar traded in the local market, noting that Matrouh this project four years ago, and deferred to notice another.
    He said Antoine L / scales News /, that "the project to delete the zeros Matrouh four years ago and was intended to achieve the basic objectives, the requirement that there be a security and political stability, and economic order to the process is done, and the creation of the banking system fully to print the amounts."
    He added that "in the era of Shabibi when he was governor of the Central Bank of this project has been delayed and lost stability and requirements factors and the ground for the implementation of this process, which is now deferred to notice another, while providing the appropriate conditions."
    He pointed out that [size=24]"This project will reduce the use of the dollar in the domestic market, and disposing of damaged currency, as well as to reduce the large numbers that are trading mathematically, and reduce the pressure on the Trustees of the Fund, and there are a lot of benefits from the deletion of zeros."[/size]
    He explained that "the largest category of cash is Al25,000 dinars, which is equal to $ 22, in the case of deletion of zeros and converted to 25 dinars Vstsawi of $ 75, this process will give the larger size of the local currency and reduce the use of the dollar in the domestic market."
    Antoine said that "the Iraqi people tend to use cash flow does not deal with modern facilities visas and Kart and instruments, and began this means Athjm role" ./ ended 29 n / 10



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


    Last edited by wciappetta on Sun 16 Aug 2015, 11:15 am; edited 1 time in total


    _________________
    Even to your old age, I will be the same and I will bear you up when you turn gray.
    I have made you, and I will carry you; I will sustain you and deliver you. -Isaiah 46:4
    • Back to top
    jackolatern
    jackolatern
    jackolatern
    Quiet Investor
    Quiet Investor


    Posts : 12
    Join date : 2015-08-09
    • Post n°11

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun 16 Aug 2015, 11:05 am

    Yes........ I just forgot my password because it had been a while since I signed in............. An keep it on topic dizzy HA!
    • Back to top
    jedi17
    jedi17
    jedi17
    Moderator
    Moderator


    Posts : 10738
    Join date : 2013-02-20
    • Post n°12

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jedi17 Sun 16 Aug 2015, 11:20 am

    Stevethebrit wrote:Way I've just read that is that the new value of the Dinar is $3. That's IQD25 = $75.

    Tell me if these palpatations I'm having here are a mistaken understanding of what that says!!

    it is a economist that is making an opinion.....value has not changed yet.  However, that would be a appropriate rate!
    • Back to top
    dizzydee
    dizzydee
    dizzydee
    Moderator
    Moderator


    Posts : 737
    Join date : 2012-12-19
    • Post n°13

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by dizzydee Sun 16 Aug 2015, 11:23 am

    RichardHeI ad wrote:Yes........ I just forgot my password because it had been a while since I signed in............. An keep it on topic dizzy HA!
    I am staying on topic, just wanted everyone to know who you are!  crazy
    • Back to top
    jackolatern
    jackolatern
    jackolatern
    Quiet Investor
    Quiet Investor


    Posts : 12
    Join date : 2015-08-09
    • Post n°14

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun 16 Aug 2015, 11:27 am

    HaHa! Crazy? Hey buddy, I'm not the one that thinks this currency is going to revalue at 3 bucks
    • Back to top
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 61
    Location : Lone Star State
    • Post n°15

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by Neno Sun 16 Aug 2015, 11:36 am

    RichardHead wrote:HaHa! Crazy? Hey buddy, I'm not the one that thinks this currency is going to revalue at 3 bucks
    That's fine your entitled to that so, what does your opinion generate?
    • Back to top
    franny
    avatar
    franny
    Getting It Investor
    Getting It Investor


    Posts : 50
    Join date : 2012-12-19
    • Post n°16

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by franny Sun 16 Aug 2015, 11:42 am

    RichardHead: I bet deep inside, you want it to rv for $3+. :-)
    • Back to top
    jackolatern
    jackolatern
    jackolatern
    Quiet Investor
    Quiet Investor


    Posts : 12
    Join date : 2015-08-09
    • Post n°17

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun 16 Aug 2015, 11:43 am

    A glimpse of reality, I think an like I said so many times prior, I want to be wrong but so far I've been entirely spot on.
    • Back to top
    jackolatern
    jackolatern
    jackolatern
    Quiet Investor
    Quiet Investor


    Posts : 12
    Join date : 2015-08-09
    • Post n°18

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by jackolatern Sun 16 Aug 2015, 11:44 am

    Yes I do
    • Back to top
    The author of this message was banned from the forum - See the message
    Neno
    Neno
    Neno
    Admin
    Admin


    Posts : 10948
    Join date : 2012-12-17
    Age : 61
    Location : Lone Star State
    • Post n°20

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by Neno Sun 16 Aug 2015, 12:07 pm

    He explained that "the largest category of cash is Al25,000 dinars, which is equal to $ 22, in the case of deletion of zeros and converted to 25 dinars Vstsawi of $ 75, this process will give the larger size of the local currency and reduce the use of the dollar in the domestic market."


    Yes he is only quoting Shabibi's Plan Now, what does "and converted" mean? badboys
    • Back to top
    Sponsored content

    Sponsored content


    • Post n°21

    Economist: deletion of zeros from the currency will reduce the dollar traded in the local market - Page 2 Empty Re: Economist: deletion of zeros from the currency will reduce the dollar traded in the local market

    Post by Sponsored content

    • Back to top
      Current date/time is Sun 17 Nov 2024, 3:37 pm