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Lifting the zero's

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Lifting the zero's Empty Lifting the zero's

Post by fuzzy Thu Oct 13, 2011 5:29 pm

October 13, 2011

Central Bank reveals details of the Iraq Currency

Iraq, the central bank of Iraq, that Iraq's new currency will increase by three zeros, indicating that he had conducted an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency.

The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh during a media statement: The Central Bank is determined to raise the three zeros from the currency of the new Iraqi and presented its project to the government and the House of Representatives and is awaiting the government's decision and the Council of Representatives.

Continues ...read more ..

Economists and shows that the process of removing three zeros from the Iraqi currency will lead to increased value, and to increase the purchasing power of citizens, noting to the need to pursue policies to persuade the citizens quiet and get a feel for a period not exceeding two years.

And the benefit that the draft lifting the three zeroes from the currency made by the government five years ago to the Central Bank, and has undergone throughout this period to an extensive study over the need to raise zeros to strengthen the value of the Iraqi currency, adding that the deletion of zeros enhance the value of the Iraqi currency and reduce the cost of handling cash, and currency its current estimated size of today Petrlionat dinars, which makes the process of dealing with the monetary cost is high.

The Central Bank of Iraq began to discuss amending the categories of the dinar last year and is still a large part of the payments being in cash due to the evolution of the banking system, noting that the President of the Securities Commission of Iraq has said, earlier, that the deletion of zeros from the Iraqi currency will not affect the circulation of the Iraqi Stock Exchange and shares.

link

Posted by kel at 10/13/2011 08:46:00 AM Lifting the zero's Icon18_edit_allbkg
Labels: "Iraqi Currency Iraqi Dinar" - "Remove Zeros", CBI

Can some one please explain this? Every news article I read from any Iraq news their always talking about the lifting of the 0's. thanks.

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Lifting the zero's Empty Re: Lifting the zero's

Post by openmind Thu Oct 13, 2011 5:35 pm

So much for Johnywg's intel about Pepsi and the Iraqi Stock Exchange. Im not bashing the man, just questioning the intel.


"that the deletion of zeros from the Iraqi currency will not affect the circulation of the Iraqi Stock Exchange and shares."


*****************
RON PAUL 2012


"People want to see real hope restored, not false hope hyped up!" ---Me

"I either want less corruption, or more chance to participate in it."---Dinar Pumpers
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Lifting the zero's Empty Re: Lifting the zero's

Post by openmind Thu Oct 13, 2011 5:35 pm

http://dinardaily.forumotion.com/t8859-central-bank-reveals-details-of-the-iraq-currency#53137

*****************
RON PAUL 2012


"People want to see real hope restored, not false hope hyped up!" ---Me

"I either want less corruption, or more chance to participate in it."---Dinar Pumpers
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Lifting the zero's Empty Re: Lifting the zero's

Post by 1alaskan Fri Oct 14, 2011 9:14 pm

Johnny was come on strong, but so far, not much to go with

*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant


Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

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Post by jbar Fri Oct 14, 2011 10:27 pm

All Hat and no cattle.

JP

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Lifting the zero's Empty Re: Lifting the zero's

Post by 1alaskan Fri Oct 14, 2011 10:29 pm

Louie L'more would say, "not much sand"

*****************
Being defeated is often a temporary condition. Giving up is what makes it permanent.
Marilyn Vos Savant


Yesterday would have been better, but today is a good day

Remember as always, JMHO
Rantings from just north of sixty

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