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Bondlady 05/30/12 - CBI zeros in currency destruction chat
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Bondlady 05/30/12 - CBI zeros in currency destruction chat
Wednesday, May 30, 2012 2:22 PM
Central Bank of Iraq said that every zero in the Iraqi currency is a stage in the destruction of the Iraqi economy, and that the removal of zeros from the currency and a national duty. The deputy governor of the Bank, the appearance of Mohammed, in a press statement yesterday, said that the Iraqi currency re prestige to what it was before the Iran-Iraq war and a national duty, we have to be met through the implementation of the project to delete the zeros.
He stated that Iraq is trading locally four billion banknotes in different categories, regardless of value, offset 34 trillion dinars cash reserves, will double to about 90 trillion dinars in 2017, to increase the national product, and said: This requires us to accelerate the implementation of the project to delete the zeros, before of evil consequences. He added that the cost of switching the currency is a quarter of its value the truth, they bear a strong cover of 63 billion dollars.
The new benefit of his call to form a committee and the legislation a special law on the consequences and requirements to change the currency, that the Committee shall be the competent authorities, Kdioan financial control, parliamentary committees, and the Federation of Accountants, as well as civil society organizations, and others, to decide the fate of the project.
http://translate.googleusercontent.com/translate_c?hl=en&langpair=ar%7Cen&rurl=translate.google.com&u=http://www.albayan.ae/economy/capital-markets/2012-05-29-1.1658612&usg=ALkJrhiQm5rC-V2EGD0X2aGXunhLZhTizA
[BondLady] He stated that Iraq is trading locally four billion banknotes in different categories, regardless of value, offset 34 trillion dinars cash reserves, will double to about 90 trillion dinars in 2017, to increase the national product, and said: This requires us to accelerate the implementation of the project to delete the zeros, before of evil consequences. He added that the cost of switching the currency is a quarter of its value the truth, they bear a strong cover of 63 billion dollars. The new benefit of his call to form a committee and the legislation a special law on the consequences and requirements to change the currency, that the Committee shall be the competent authorities, Kdioan financial control, parliamentary committees, and the Federation of Accountants, as well as civil society organizations, and others, to decide the fate of the project.
[BondLady] lets break this down by sentances
[BondLady] Central Bank of Iraq said that every zero in the Iraqi currency
[BondLady] every zero
[BondLady] is a stage
[BondLady] in the destruction of the Iraqi economy
[BondLady] and that the removal of zeros from the currency and a national duty
[BondLady] The deputy governor of the Bank, the appearance of Mohammed, in a press statement yesterday, said
[BondLady] said that the Iraqi currency re prestige
[BondLady] to what it was before the Iran-Iraq war
[BondLady] which was 333
[BondLady] and a national duty,
[BondLady] we have to be met through the implementation of the project to delete the zeros
[BondLady] He stated that Iraq is trading locally four billion banknotes in different categories
[BondLady] regardless of value
[BondLady] offset 34 trillion dinars cash reserves,
[BondLady] will double to about 90 trillion dinars in 2017
[BondLady] which imo is 3 plus
[BondLady] to increase the national product
[BondLady] This requires us to accelerate the implementation of the project to delete the zeros, before of evil consequences
[BondLady] before of evil consequences
[BondLady] He added that the cost of switching the currency is a quarter of its value the truth, they bear a strong cover of 63 billion dollars.
[BondLady] The new benefit of his call to form a committee and the legislation a special law on the consequences and requirements to change the currency, that the Committee shall be the competent authorities, Kdioan financial control, parliamentary committees, and the Federation of Accountants, as well as civil society organizations, and others, to decide the fate of the project.
[BondLady] i liked it alot
[Mikey] said that the Iraqi currency to what it was re prestige before the Iran-Iraq war and a national duty, we have to be met through the implementation of the project to delete the zeros.
[BondLady] yup
[BondLady] said that it is there duty to get it back to what it was before
[BondLady] an give it back its presitige it lost, imo and ty
Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
Awesome news! That would mean a $3 plus rate!!!
Guest- Guest
Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
Thanks for this Miske. Moving to the "news roo's section. And thanks to bondlady too.
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rick152- VIP Member
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Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
Many articles recently have been great and then you get the few that makes it seem like we are going nowhere.
Guest- Guest
Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
Yes and the 3.33 is within the realm of what I remember seeing in other Iraqi budget documents.
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Kevind53- Super Moderator
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Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
Kevind53 wrote:Yes and the 3.33 is within the realm of what I remember seeing in other Iraqi budget documents.
Guest- Guest
Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
GOOD ONE !!! (again),,,,,good week this week........ Let Us Shine Lord!!! ,let us shine..,.AMEN!
clayf- VIP Member
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Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
Im surprised more sites haven't commented to this article ...
Guest- Guest
Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat
clayf wrote:GOOD ONE !!! (again),,,,,good week this week........ Let Us Shine Lord!!! ,let us shine..,.AMEN!
*Cough cough*!
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