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deleting the zeros from the Iraqi currency will not be done soon
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deleting the zeros from the Iraqi currency will not be done soon
Posted on 27 October 2012. Tags: dinar, IQD, iraqi dinar, re-denomination, re-valuation, Redenomination, revaluation
MP Rules Out Deleting Zeros from Currency Soon
By John Lee.
Iraqi MP and member of the Parliamentary Economic and Investment Committee, Nahida al-Dayni, has ruled out deleting the zeros from the Iraqi currency soon.
Speaking to All Iraqi News Agency (AIN), she said:
“The process of deleting the zeros from the Iraqi currency will not be done soon due to the lack of security and economic stability in Iraq, in addition to the lack of the required observatory role and the reduction of the IQD to the USD.
“The increase and decrease of the prices are related to the regional situation … The possibility of fixing the price of the USD to keep the same ratio of the IQD in the local markets.“
Previously, the Council of Ministers decided to postpone the process of deleting the zeros from the Iraqi currency until further notice.
(Source: AIN)http://www.iraq-businessnews.com/2012/10/27/mp-rules-out-deleting-zeros-from-currency-soon/ by the time we can cash out there wont be a capital gains tax on alot of us,had these babys for quite some time,darn it!!!
MP Rules Out Deleting Zeros from Currency Soon
By John Lee.
Iraqi MP and member of the Parliamentary Economic and Investment Committee, Nahida al-Dayni, has ruled out deleting the zeros from the Iraqi currency soon.
Speaking to All Iraqi News Agency (AIN), she said:
“The process of deleting the zeros from the Iraqi currency will not be done soon due to the lack of security and economic stability in Iraq, in addition to the lack of the required observatory role and the reduction of the IQD to the USD.
“The increase and decrease of the prices are related to the regional situation … The possibility of fixing the price of the USD to keep the same ratio of the IQD in the local markets.“
Previously, the Council of Ministers decided to postpone the process of deleting the zeros from the Iraqi currency until further notice.
(Source: AIN)http://www.iraq-businessnews.com/2012/10/27/mp-rules-out-deleting-zeros-from-currency-soon/ by the time we can cash out there wont be a capital gains tax on alot of us,had these babys for quite some time,darn it!!!
clayf- VIP Member
- Posts : 1115
Join date : 2011-07-21
Location : Fox Cities,Wisconsin
Re: deleting the zeros from the Iraqi currency will not be done soon
Clayf- That's ok, because it will mean more of a benefit we'll all have down the road- The IRS and the Fed will be non-existant by that time- Halleluya!!!:cheers:
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: deleting the zeros from the Iraqi currency will not be done soon
yeh! I guess Im going to live with that just fine,Im just crap'in sick of work'in and then hurt'in .It will be a sweet day when we all are doing the dance :chevy:terbo56 wrote:Clayf- That's ok, because it will mean more of a benefit we'll all have down the road- The IRS and the Fed will be non-existant by that time- Halleluya!!!:cheers:
clayf- VIP Member
- Posts : 1115
Join date : 2011-07-21
Location : Fox Cities,Wisconsin
Re: deleting the zeros from the Iraqi currency will not be done soon
You got that str8- Our day's comin' man,- No worries!!
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
Re: deleting the zeros from the Iraqi currency will not be done soon
we'll all be to old to remember that we have iqd by that time
hithere- Elite Member
- Posts : 282
Join date : 2012-01-11
Re: deleting the zeros from the Iraqi currency will not be done soon
I will eat my dinar if I have to and then drink a nice cup of coffee
Guest- Guest
Re: deleting the zeros from the Iraqi currency will not be done soon
in addition to the lack of the required observatory role and the reduction of the IQD to the USD.
hmmm sounds like 1:1 to me....although this is not from CBI
hmmm sounds like 1:1 to me....although this is not from CBI
IQD4US- Elite Member
- Posts : 1005
Join date : 2011-12-16
Re: deleting the zeros from the Iraqi currency will not be done soon
IQD4US wrote:in addition to the lack of the required observatory role and the reduction of the IQD to the USD.
hmmm sounds like 1:1 to me....although this is not from CBI
Sounds good to me
Guest- Guest
Re: deleting the zeros from the Iraqi currency will not be done soon
I applaud you all for your efforts to find the "silver lining." I don't worry about the "when" anymore. I don't even spend much time contemplating the "how much" either. Just treading water and enjoying all your comments. One of these days I hope we'll be raking in the greenbacks!
*****************
Keep smiling ... It'll make 'em wonder what you're up to!
Will someone please let the RV Widget out of the jar?
SEBtopdog- VIP Member
- Posts : 4201
Join date : 2011-07-07
Age : 75
Location : Somewhere over the rainbow
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