wmawhite says - CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
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wmawhite says - CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
by Ponee Thu Nov 17, 2016 8:02 am
wmawhite
[Local banks will...exchange the foreign currency with the countries treasuries and at that point it becomes an institutional note used in foreign trade.]
Remember, not all "local banks" exchange foreign currencies...Again, not all banks in your community will exchange foreign currency.
Article: "Iraq Stock Exchange formally signed the Convention on the electronic trading system via the Internet trading after investors with Manaf software company on Monday, November 14 2016." Quote: "It is hoped the project officially launched during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites." WOW...more confirmation of major changes coming soon...please do not focus on one particular date... Folks...do...you see the relationship between what the CBI is doing and what the ISX is preparing for?
Within all of those recent articles the CBI has also told us what one of the next steps is...the reduction of USD into the market place...
The CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
This project is not ONLY the large notes, but numerous other administrative and procedural steps. There may be a dozen "action" items within this project and after the implementation of those items there will be an intended result...
an increase in the purchasing power of the IQD (to the citizen) which will be caused by an increase in value if the IQD OUTSIDE of Iraq.
11-16-2016
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Re: wmawhite says - CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
by Sam I Am Thu Nov 17, 2016 12:19 pm
an increase in the purchasing power of the IQD (to the citizen) which will be caused by an increase in value if the IQD OUTSIDE of Iraq.
WRONG! The Delete The Zeros Project is a redenomination plan. If they redenominate that doesn't increase the purchasing power of the IQD. It replaces the IQD with a new currency what has greater purchasing power and a smaller money supply. The net change is zero.
WRONG! The Delete The Zeros Project is a redenomination plan. If they redenominate that doesn't increase the purchasing power of the IQD. It replaces the IQD with a new currency what has greater purchasing power and a smaller money supply. The net change is zero.
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Re: wmawhite says - CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
by Kevind53 Thu Nov 17, 2016 9:28 pm
:tup: :tup: :tup: :tup: :tup:
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Re: wmawhite says - CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
by Muskie Thu Nov 17, 2016 11:32 pm
Iraq has no intention to LOP the dinar.
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Re: wmawhite says - CBI is at a very critical point in this project, which is called "The Delete The Zero Project".
by Kevind53 Fri Nov 18, 2016 12:26 am
You hope ....
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