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Thread: Process of removing zeros from the local currency in September 2012..!!!!

  1. #11
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    Quote Originally Posted by QUESTDINAR View Post
    Si es como dice esta informacion definitivamente la revaluacion tiene que ser obligatoriamente antes de septiembre y antes que eliminen los ceros de la moneda.

    esperemos que en marzo acabe toda esta pesadilla..si es asi...la RV tocara a nuestras puertas...probablemente el proximo mes o en curso...junio...esperemos no llegar hasta alla...esperemos que reciban todo el apoyo...para que Kuwait seda...

  2. #12
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    Default CBI & Parlamento APRUEBAN comienzo SEPTIEMBRE 2012

    Parliament Economic Committee: Process to start removing zeros from the currency in September

    Posted: February 18, 2012 in Iraqi Dinar/Politics

    Baghdad, February 18 (Rn) – The parliamentary economic committee, Saturday, in agreement with the Iraqi Central Bank to begin the process of removing zeros from the local currency in September next.
    The central bank announced earlier that he is considering the requirements of the project to delete the zeros of the local currency with the Council of Ministers in terms of need process for the enactment of the organized or not.
    A member of the Economic Commission Abdul-Hussein Abtan told the Kurdish news agency (Rn) that “the Economic Commission agreed with the Central Bank to begin the process of changing the local currency in September next.”
    He added that “the agreement granting process to ensure the currency switch for a full year that the two currencies are traded the old and new in the market during this stage.”
    And describes the CBI process of switching the currency national project in support of the economy in the country, while expressing the Iraqi government for fear of the project as it will increase the phenomenon of money laundering, “according to belief,” and is working to convince the central bank to stop the implementation of the project, and be approved by the securities the government’s position of deletion of zeros and says it will affect negatively on the financial trading in the stock market.
    Abtan explained that “the process of removing the zeros from the currency will contribute to dealing with inflation and facilitate economic cooperation with international banks and reduce the differences of living in the community.”
    The Committee emphasized the financial representative, on Sunday, the central bank tarry in the provision of a bill to delete the zeros from the currency to the Committee for the purpose of his study, saying that the law was passed would give Iraq an opportunity to address economic inflation, as experts predict a rise of inflation in the budget in 2012 because of the continuing interest in aspects of operational at the expense of the investment part of the general budget.
    And inflation is excessive in the general level of prices and rising incomes as well as higher cash costs and create excessive cash balances.
    He concluded his speech by saying Abtan that “the central bank looking to send a bill to change the currency to the House or not because the law gives the Central Bank of implied powers to delete the zeros of the local currency.”
    The functions of the central bank conduct of monetary policy in the country, including exchange rate policies and the management of foreign reserves and the issuance of currency management, and raise the level of the values of the Iraqi dinar and deal with inflation in the country, which is responsible also for the maintenance of price stability, as well as to regulate the banking sector.
    http://bit.ly/xzBgg1

    Osea, se aprobo hoy tanto por el PARLAMENTO como el Banco CBI que se implementara el proceso a partir de septiembre donde habran 2 monedas corriendo simultaneamente, la actual y la nueva, en mi opinion deben utilizar una estrategia agresiva para recoger los BILLETES actuales es posible una (R/I o R/V ) en ese proseso!!!!!

    La cosa esta BIEN INTERESANTE!!
    Last edited by Condor; 02-18-2012 at 03:57 PM.

  3. #13
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    Default Podra ser en julio ???

    Thursday, December 15, 2011

    Iraq and IMF ~ Lagarde: Mission of the International Monetary Fund to visit Iraq ...



    Related article ~ IMF and Iraq ~ Statement by IMF Managing Director Christine Lagarde on Iraq ...

    15/12/2011

    Lagarde: Mission of the International Monetary Fund to visit Iraq

    Washinton, according to Director-General of the International Monetary Fund Christine Lagarde that the mission of the Fund's staff will go to Baghdad in January (January) next, for talks on the loan to Iraq.


    And met Lagarde in Washington, Iraqi Prime Minister Nuri al-Maliki and discussed with him the loan which grants to Iraq in February 2010, which did not pay him any part since March 2011 and which ends its impact in July 2012. said Lagarde said in a statement.

    We are committed to our pledges to help Iraq in its efforts to achieve lasting economic development be for the benefit of all and the creation of vital functions and improve the conditions of life for all Iraqis.

    Continues ...read more ..

    The statement added, is scheduled to meet the mission of the International Monetary Fund authorities in January (January) to looking with the progress achieved in the framework of the program and the subsequent stages. He received of Iraq so far on the $ 1.7 billion out of 3.8 billion planned under the contract.

    She Lagarde in a statement that the government laid the foundations of an agreement on the later stages of payment. The I am encouraged by very bill the new budget submitted by the Government for the year 2012, which is trying to curb the increase in running costs and thus free sources of investment in infrastructure and social measures to reduce the size of the deficit in budget.

    link

  4. #14
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    Exclamation Different news source !

    Economic parliamentary: Remove the zeros currency in September

    On: Sun 02/19/2012 10:18



     Baghdad / range
    announced that the Economic Committee in the House of Representatives, today announced an agreement with the Central Bank of Iraq to begin the process of removing zeros from the local currency in September. The central bank had announced earlier that he is considering the requirements of the project to delete the zeros of the local currency with the Council of Ministers in terms of need process for the enactment of the organized or not.


    A member of the Economic Commission Abdul-Hussein Abtan in a telephone conversation with (range) yesterday, "the Economic Commission agreed with the Central Bank to begin the process of changing the local currency in September next."

    and added that "the agreement include granting the process of switching the currency for a full year to be traded currencies of old and new in the market during this stage. "

    The Abtan that "the process of removing zeros from the currency will contribute to addressing economic inflation and facilitate cooperation with international banks and reduce the differences of living in society."

    and described Abtan plan of the Central Bank in the subject as good, he said, "It was the bank previous experience in the replacement of the currency and thus became his experience there will not be any problems associated with the process of deleting the zeroes on the reverse of what it was the situation when you decide to switch the operation several years ago. "

    and describes the CBI process of switching the currency project, the national supporter of the economy in the country, while the Government expresses Iraqi fears of the project as it will increase the phenomenon of money laundering, "according to belief," and is working to convince the central bank to stop the implementation of the project, and the Securities Commission agrees with the government's position to delete the zeros and says it would negatively affect the financial trading in the stock market.


    http://www.almadapaper.net/news.php?act ... w&id=60162
    ! QUE DIOS NOS SIGA ABRIENDO LAS PUERTAS!

  5. #15
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    the agreement include granting the process of switching the currency for a full year to be traded currencies of old and new in the market during this stage.



    van a dar un full year para cambiar la moneda vieja por la nueva !!!

  6. #16
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    por tanto si se aprobó HOY!!!...será una estrategia monga decir que es en Sept?...porque esperar tan lejos si lo pueden hacer...esta semana??? estamos en los umbrales de la RV..agarrencen que estos proximos días!!! serán de puro panico...!!!...se acuerdan de la noticia de los proximos días???...tomen nota!!!
    Last edited by Dinarado69; 02-18-2012 at 05:42 PM.

  7. #17
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    Confiren mi gente pero creoooo que esta noticia es reciclada del ano pasado inclusive en dinarvets indica que es de agosto 2011 alguien puede confirmar? No déjà de ser extrano que Vuelvan a postearla....

  8. #18
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    Thumbs up 02/18/2012 !

    Quote Originally Posted by Logros View Post
    Confiren mi gente pero creoooo que esta noticia es reciclada del ano pasado inclusive en dinarvets indica que es de agosto 2011 alguien puede confirmar? No déjà de ser extrano que Vuelvan a postearla....

    Economic parliamentary: Remove the zeros currency in September
    On: Sun 02/18/2012


     Baghdad / range
    announced that the Economic Committee in the House of Representatives, today announced an agreement with the Central Bank of Iraq to begin the process of removing zeros from the local currency in September. The central bank had announced earlier that he is considering the requirements of the project to delete the zeros of the local currency with the Council of Ministers in terms of need process for the enactment of the organized or not.

    A member of the Economic Commission Abdul-Hussein Abtan in a telephone conversation with (range) yesterday, "the Economic Commission agreed with the Central Bank to begin the process of changing the local currency in September next."
    and added that "the agreement include granting the process of switching the currency for a full year to be traded currencies of old and new in the market during this stage. "
    The Abtan that "the process of removing zeros from the currency will contribute to addressing economic inflation and facilitate cooperation with international banks and reduce the differences of living in society."
    and described Abtan plan of the Central Bank in the subject as good, he said, "It was the bank previous experience in the replacement of the currency and thus became his experience there will not be any problems associated with the process of deleting the zeroes on the reverse of what it was the situation when you decide to switch the operation several years ago. "
    and describes the CBI process of switching the currency project, the national supporter of the economy in the country, while the Government expresses Iraqi fears of the project as it will increase the phenomenon of money laundering, "according to belief," and is working to convince the central bank to stop the implementation of the project, and the Securities Commission agrees with the government's position to delete the zeros and says it would negatively affect the financial trading in the stock market
    ! QUE DIOS NOS SIGA ABRIENDO LAS PUERTAS!

  9. #19
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    por tanto si se aprobó HOY!!!...será una estrategia monga decir que es en Sept?...porque esperar tan lejos si lo pueden hacer...esta semana???



    muy deacuerdo contigo !!! yo siendo el cbi (porque dar un mes exacto ?) eso atraeria mucha especulacion pienso que ellos lo haran antes de septiempre y mientras mas rapido lo hagan mejor

  10. #20
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    Quote Originally Posted by RVCOMINGSOON View Post
    the agreement include granting the process of switching the currency for a full year to be traded currencies of old and new in the market during this stage.



    van a dar un full year para cambiar la moneda vieja por la nueva !!!
    nosotros entramos en el proceso de cambiarlos de dinares a dolares ellos...de dinares grandes a denominaciones peqs...las de 50, 250 y 500 no las pueden cambiar porque no tienen 3 ceros...capich!! entiendo que habia escuchado que tendremos 10 años..que es ahora eso cambió?, Pero como quiera el rate viene alto de todos maneras...$3.30 como lo dice el proyecto del futuro de Iraq

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