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 BGG "They are Obviously NOT on Schedule" 10/2/17

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roxy22222222
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PostSubject: BGG "They are Obviously NOT on Schedule" 10/2/17   Mon Oct 02, 2017 10:52 pm

 Article:  "CENTRAL BANK: DELETE ZEROS IN EARLY 2017"   "November 7, 2016"   Quote:  "The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project."  This says they have already began to develop the first steps – indicating they are into the process (in late 2016). This would imply they are further along today… and likely many of the AML, electronic banking and international banking interactions are leading up to the implementation of this project. 

This is a key phrase: “…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."  This was published in early Nov, 2016. Obviously, it is easy to see why there was so much excitement over the “first part” of 2017.  BECAUSE THEY SAID SO…However, there now seems to be have been more to the story...   Another reason to repost and reflect on this, they have said nothing contradictory since. They are obviously not “on schedule” but they are not denying it either.
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PostSubject: Re: BGG "They are Obviously NOT on Schedule" 10/2/17   Tue Oct 03, 2017 2:18 am

First of all, deleting the zeros means a lop, or redenomination. It's a simple process - educate the people. print the new currency, issue the new currency at the new exchange rate, and remove the old currency at its old rate. They obviously haven't started doing that yet, and that article like many articles in the Iraqi news was wrong. The IQD is going to remain at lest than 1/10 of a penny until they replace it, and God only knows when they'll get around to that if they ever get around to it.

As for the dinar being included in a global basket of currencies for vital world exchanges .... BWAHAHAHAHAHA!!!!!! Fat chance!

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PostSubject: Re: BGG "They are Obviously NOT on Schedule" 10/2/17   Tue Oct 03, 2017 2:31 pm

I think Bgg feels he is GODS gift to Dinarland. Got news for BGG. Hes full of crap and lies.
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BGG "They are Obviously NOT on Schedule" 10/2/17
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