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Established in 2006 as a Community of Reality

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Learn the benefits of removing zeros from the dinar

dizzydee
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Learn the benefits of removing zeros from the dinar - Page 3 Empty Learn the benefits of removing zeros from the dinar

Post by dizzydee on Fri 04 Nov 2016, 6:33 pm

First topic message reminder :

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Central Bank: the deletion of zeros in early 2017

Benefits:

1.adraj Iraqi dinar within the global currency basket and handle it officially the world's stock exchanges and financial markets.

2.amkanah held economic agreements to handle the national currency as Iraq could hold Order dinars instead of dollars when the contract to build two production lines deals or agreements Stirad goods deals that cover a very large part of the foreign remittances that are squandering of national wealth from foreign exchange.

3.illt trading allows dealing in Iraqi dinar in the Iraqi market and not rely on foreign and squandered currencies and Bosrtha transfer abroad by the private and public sector, which is the sovereign wealth dissipated to the outside on a small, non-essential positions and luxury in Iraq at the time need this wealth of storage as a reserve.

4.seetm rid of manipulating the currency exchange market and completed the so-called auction sell the currency, "" burning oven dollar. ""

5.satoagaf work corrupt suspicious of banks and their agents and Smaserthm "" contractor and investor cartoons "

6.seetm capping the highest amounts transferred abroad of currency the dollar, euro, yen and sterling and the yuan's exchange-active to ensure that no other smuggling the vast majority of trades of currency smuggling.
And the Iraqi Central Bank Governor said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

And he said: "The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency", returned him as "this strategic project will serve the country's economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges."

He added that "the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017," noting that "the central bank began the first steps of the project through the selection of designs, companies and the country in which the currency will be printed."


He pointed out that "the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years," pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market."

duck
ahill
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Post by ahill on Sun 06 Nov 2016, 1:50 am

Thanks dizzydee,

Great news! bounce

A ...  hangin on
duck2000
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Post by duck2000 on Sun 06 Nov 2016, 5:02 am

yes
The author of this message was banned from the forum - See the message
annieharbers
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Post by annieharbers on Sun 06 Nov 2016, 6:41 am

Yes  Thank you Jesus.
rocky
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Learn the benefits of removing zeros from the dinar - Page 3 Empty The central bank to delete the zeros in early 2017

Post by rocky on Sun 06 Nov 2016, 7:45 am

The central bank to delete the zeros in early 2017


NO DATE

Benefits:

1. Iraqi dinar inclusion within the global currency basket and handle it officially the world 's stock exchanges and financial markets.

2. The possibility of economic agreements to handle the national currency as it can Iraq contract agreements Order dinars instead of dollars when the contract to build two production lines deals or deals Stirad goods and this will cover a very large part of the foreign remittances that are squandering of national wealth from foreign exchange.

3. Adjust the transaction allows dealing in Iraqi dinar in the Iraqi market and not rely on foreign and squandered currencies and Bosrtha transfer abroad by the private and public sector, which is the sovereign wealth dissipated to the outside on small transactions and non - essential and luxury in Iraq at the time need this wealth of storage as a reserve.

4. will be disposed of manipulating the currency exchange market and completed the so - called auction sell the currency , "" burning oven dollar . ""

5. work will depend corrupt suspicious of banks and their agents and Smaserthm "" contractor and investor cartoons "

6. will be determined by the roof top of the amounts transferred abroad of currency the dollar, euro, yen and sterling and the yuan 's exchange - active and other pound to ensure that no smuggling the vast majority of trades of currency smuggling.

He said the Iraqi Central Bank Governor said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.



And he said: " The purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency", returned him as "this strategic project will serve the country 's economy if it will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world exchanges."

He added that " the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017 , " noting that " the central bank began the first steps of the project through the selection of designs, companies and the country in which the currency will be printed."



He pointed out that " the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market." 


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Stevethebrit
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Post by Stevethebrit on Sun 06 Nov 2016, 8:12 am

Just loving this thread. Great work guys.
Pig-Pen
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Post by Pig-Pen on Sun 06 Nov 2016, 8:33 am

Well, this is the part I liked the best.......

"He pointed out that " the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market."
jedi17
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Post by jedi17 on Sun 06 Nov 2016, 9:01 am

He added that " the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017 , " noting that " the central bank began the first steps of the project through the selection of designs, companies and the country in which the currency will be printed."

and this part is already done.....nice addition Rocky
Neno
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Post by Neno on Sun 06 Nov 2016, 9:13 am

[You must be registered and logged in to see this link.] wrote:Well, this is the part I liked the best.......

"He pointed out that " the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market."
Lol...I understand what  you mean but, only helps   us treasury. Your currency only goes there unless your holding for the  future GCC speculation which goes there too eventually.
fonz1951
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Post by fonz1951 on Sun 06 Nov 2016, 10:05 am

[You must be registered and logged in to see this link.] wrote:
[You must be registered and logged in to see this link.] wrote:Well, this is the part I liked the best.......

"He pointed out that " the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , " pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity in the market."
Lol...I understand what  you mean but, only helps   us treasury. Your currency only goes there unless your holding for the  future GCC speculation which goes there too eventually.


ok, quit trying to confuse me. i am already as confused as i can possibly be, then you up and say this!  lol!

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