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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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    Central Bank: the issuance of 50 thousand dinars category has nothing to do delete the zeros

    duck2000
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    • Post n°1

    Central Bank: the issuance of 50 thousand dinars category has nothing to do delete the zeros - Page 2 Empty Central Bank: the issuance of 50 thousand dinars category has nothing to do delete the zeros

    Post by duck2000 Tue Nov 17, 2015 8:45 am

    First topic message reminder :

    Tuesday November 17 2015 13:51
     
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    Alsumaria News / Baghdad 
    The Central Bank of Iraq, Tuesday, that the issuance of 50 thousand Iraqi dinars nothing to do with a class project to delete the zeros of the Iraqi currency, noting that Iraq's economic and social conditions that do not allow the implementation of this project. 

    The general director of the banking and credit in the bank and Walid Idi in an interview with the program "of 10 of 11," which aired "Alsumaria TV", that "printing new paper of class 50 000 dinars is not related to a project to delete the zeros of the Iraqi currency," adding that "the deletion zeros still delayed project. "
     

     

    Idi said, that "the Economic and Social envelopes, which passes by the country does not allow the implementation of the project to delete the zeros." 

    A member of the Board of Directors of the Bank Ihsan al-Yasiri, Sunday (November 15, 2015) that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he pointed out that there is no link to the financial crisis with the new version. 

    The central bank announced (November 11, 2015) for issuing a new banknote category of 50 thousand dinars, attributing this to the completion of the Iraqi Securities monetary structure and the development of high value in the trading category.


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    • Post n°11

    Central Bank: the issuance of 50 thousand dinars category has nothing to do delete the zeros - Page 2 Empty Re: Central Bank: the issuance of 50 thousand dinars category has nothing to do delete the zeros

    Post by Neno Tue Nov 17, 2015 9:46 pm

    weslin3 wrote:Not uncommon for countries to do this.
    Yes true, but not for those reasons was meant. Remember in Iraq, western democracy. I may be a little behind at times do to working all the freaking time but never behind to far that I'm not in touch.
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    • Post n°12

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    Post by wciappetta Tue Nov 17, 2015 11:14 pm

    mochasmom wrote:I thought it did, what gives?

    Well this Masood Haider who was present at the meeting with the questioning of the CBI gov [you remember, this was when we  first heard  about the 50K note]  he is telling the purpose of the note where  this underling at the CBI is blowing  smoke.






    According to a member of the Finance Committee in Parliament MP Masood Haider, on Friday, that the issuance of central bank for the category of the fifty thousand dinars hold works by the central bank for a long time.


    Haider said in a press statement child "Iraq law" that the purpose of the issuance of this category of the "50" thousand Iraqi dinars is to remove three zeros from the Iraqi currency in the distant future, to facilitate internationalized currency among citizens.
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    • Post n°13

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    Post by weslin3 Wed Nov 18, 2015 1:31 am

    Neno wrote:
    weslin3 wrote:Not uncommon for countries to do this.
    Yes true, but not for those reasons was meant. Remember in Iraq, western democracy. I may be a little behind at times do to working all the freaking time but never behind to far that I'm not in touch.
    You are more in touch than I am Neno... I'm out in left field most of the time wondering... lol!  "What in the heck is going on."
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    • Post n°14

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    Post by Neno Wed Nov 18, 2015 6:05 am

    Lol, your funny but enjoyable....
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