Established in 2006 as a Community of Reality

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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


3 posters

    Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 272180
    Join date : 2012-12-21

    Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p Empty Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p

    Post by Rocky Thu 18 Apr 2013, 6:42 am

    Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful project  



    Published in the April 18th, 2013


    BAGHDAD (Iba) ... said, an expert in economic affairs peace Sumaisem, to begin procedures to delete the zeros from the Iraqi currency in the light of the confusion in the monetary policy and the instability of the dinar and improve Sarsrv of them unsuccessful procedures.
    She Sumaisem told the independent press (Iba) said Thursday that "the project to delete the zeros is aimed at two dimensions are reducing the money supply and improve the price of the Iraqi dinar, pointing out that" the deterioration of the dinar exchange rate in the current period after pumping quantities of ill-conceived from the dollar makes the process of deleting zeros is able to improve the rate of the dinar will not create a balance with the dollar. "
    She pointed to the "dual price policy that arise between the central bank auction and outside the auction and the existence of attempts to smuggle currency has created a discrepancy between the two rates inside and outside the bank, making it the Iraqi dinar less valuable than the U.S. dollar."
    The Sumaisem stressed that "the process delete Asfarfa the light of the deteriorating value of the Iraqi dinar against the U.S. dollar is not successful and check the equation between the two rates, but creates an imbalance in the monetary policy." (End)


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    Proven
    Proven
    NNP TEAM
    NNP TEAM


    Posts : 1858
    Join date : 2012-12-21

    Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p Empty Re: Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p

    Post by Proven Thu 09 Apr 2015, 1:27 am

    Found this nugget in the history files explaining what is currently going on.
    sassy
    sassy
    Interacting Investor
    Interacting Investor


    Posts : 2030
    Join date : 2012-12-20

    Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p Empty Re: Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p

    Post by sassy Thu 09 Apr 2015, 8:04 am

    Exactly what we are seeing unfold right now!  Thanks
    for  bringing that back Proven!

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    Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p Empty Re: Economic expert: getting lost in the monetary policy makes the deletion of zeros is not successful p

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