Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
YOU MUST Sign in with your USERNAME to POST
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 Iraqi Council of Representatives intended to support the Central Bank of zeros on the removal of currency

View previous topic View next topic Go down 
AuthorMessage
Kevind53
Super Moderator
Super Moderator
avatar

Posts : 24579
Join date : 2011-08-09
Age : 18
Location : Umm right here!

PostSubject: Iraqi Council of Representatives intended to support the Central Bank of zeros on the removal of currency   Fri Aug 03, 2012 5:39 pm

Date: August 3, 2012



Announced the Finance Committee in the Iraqi Council of Representatives
that the legislature tends to support the central bank policy on the
removal of zeros from the currency.

The central bank says it completed a road map to get rid of three zeros
from the currency, to reduce the money supply and ease of financial
transactions in line with the new situation of the Iraqi economy, but
the government and the Securities Commission have shown Khchithma that
affect the process negatively on financial trading in the Iraqi market
for securities .

A member of the parliamentary finance committee, Najiba Najib, in a
press statement, said that there is a tendency by the legislature with
the support of the Central Bank's policy to restructure the Iraqi
currency and delete zeros at the beginning of next year.

She explained that this issue began to mature day by day for the
members of the Finance Committee and the Economic Commission, noting
that preparations for the central bank to implement the project under
way, but it is incomplete yet.

They pointed out Najib, the Deputy for the Kurdistan Alliance, that the
project will be implemented over two years by government banks, and
will be part of the new currency coins of small denominations.
There will also be major currencies corresponding to $ 180, or 200 thousand Iraqi dinars from the current currency. She added: Through extensive discussions with the Central Bank.

And what has been providing us with the studies from the World Bank,
the project aims to support the Iraqi currency, in addition to the
introduction of new categories of currency markets, as well as reduce
the size of the money supply, as well as the inclusion of Arabic and
Kurdish in the currency.
http://translate.googleusercontent.com/translate_c?hl=en&prev=/search%3Fq%3D%25D8%25AD%25D8%25B0%25D9%2581%2B%25D8%25A7%25D9%2584%25D8%25A3%25D8%25B5%25D9%2581%25D8%25A7%25D8%25B1%26hl%3Den%26lr%3D%26tbs%3Dqdr:d%26prmd%3Dimvns&rurl=translate.google.com&sl=ar&u=http://www.albayan.ae/economy/capital-markets/2012-08-03-1.1700751&usg=ALkJrhiJV5IhzYvH2MFk_Lly79w5N6BzYg

*****************
Trust but Verify --- R Reagan Suspect

"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18

       
Back to top Go down
View user profile
Guest
Guest



PostSubject: Re: Iraqi Council of Representatives intended to support the Central Bank of zeros on the removal of currency   Fri Aug 03, 2012 10:54 pm

Thanks kevin.
Back to top Go down
 
Iraqi Council of Representatives intended to support the Central Bank of zeros on the removal of currency
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: DINAR/IRAQ QUESTIONS and DISCUSSIONS-
Jump to: