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Bondlady 05/30/12 - CBI zeros in currency destruction chat DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Bondlady 05/30/12 - CBI zeros in currency destruction chat

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Post by ADMIN on Wed May 30, 2012 5:52 pm


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

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Bondlady 05/30/12 - CBI zeros in currency destruction chat Empty Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat

Post by Guest on Wed May 30, 2012 6:28 pm

Awesome news! That would mean a $3 plus rate!!!

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Bondlady 05/30/12 - CBI zeros in currency destruction chat Empty Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat

Post by rick152 on Wed May 30, 2012 7:38 pm

Thanks for this Miske. Moving to the "news roo's section. And thanks to bondlady too.

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Post by Guest on Wed May 30, 2012 7:51 pm

Many articles recently have been great and then you get the few that makes it seem like we are going nowhere.

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Bondlady 05/30/12 - CBI zeros in currency destruction chat Empty Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat

Post by Kevind53 on Wed May 30, 2012 7:52 pm

Yes and the 3.33 is within the realm of what I remember seeing in other Iraqi budget documents.

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Post by Guest on Wed May 30, 2012 8:27 pm

@Kevind53 wrote:Yes and the 3.33 is within the realm of what I remember seeing in other Iraqi budget documents.
happydance

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Post by clayf on Wed May 30, 2012 9:17 pm

GOOD ONE !!! (again),,,,,good week this week........ Let Us Shine Lord!!! ,let us shine..,.AMEN!
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Post by Guest on Wed May 30, 2012 10:33 pm

Im surprised more sites haven't commented to this article ...

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Bondlady 05/30/12 - CBI zeros in currency destruction chat Empty Re: Bondlady 05/30/12 - CBI zeros in currency destruction chat

Post by Catherine on Wed May 30, 2012 10:39 pm

@clayf wrote:GOOD ONE !!! (again),,,,,good week this week........ Let Us Shine Lord!!! ,let us shine..,.AMEN!

*Cough cough*!

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