[BondLady] «Central» Iraq: Do not fear the dinar Confirmed adviser to the CBI the appearance of Mohammed Saleh, the «central bank sales of the currency stable and concerns on the value of the Iraqi dinar fall». He said in a statement to «life»: «This supports the transparency of cash in the policy of the central Iraqi official interest rate in Iraq is closer to a guide to interest rates than a direct monetary mechanism, given the limited size of the banking sector and underdeveloped capital markets». The to «the absence of obstacles to the development of sales and raise the average selling». On the subject of the development of coins for the trading of Finance, explained that «Iraq is heading to the development of coins as part of his plan to restructure the currency, which requires government approval and the Council of Representatives, because it is a strategic plan will help support the value of the Iraqi dinar in the trading of Finance»
[BondLady] and sets «central» Iraq exchange rate at auctions periodically conducted of the coin, and the average sale of $ 140 million, the exchange rate average of 1170 dinars to the dollar. He noted the benefit that «project coins in 2004 was not successful, because it has not been as comprehensive reforms to support the financial value of the Iraqi dinar in the the world market ». He pointed out that «the coins will be the currency important intermediate value which is used for trading banking simple trading Interior». The Central Bank of Iraq on 22 June last, he decided to restructure the local currency in order to develop the payment system in the country. Also showed the International Monetary Fund in August last support of the Iraqi economy in the event of his a number of economic measures, including the allocation of banks and raise three zeros from the local currency and the payment of debts and compensation is the responsibility of Iraq. The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, which include exchange rates, management of foreign currency reserves, issue currency and management, as well as to regulate the banking sector.
[BondLady] its saying to the people
[BondLady] dont have fears of the dinar devalueing
[BondLady] which imo a lop is devalueing
[BondLady] so it says dont fear the dinar is gonna be worth less
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[BondLady] said the new coins there going to release is proof the dinar is an will be strong again
BondLady] in 2003 when they did the currency switch from saddam notes to the iqd we now hold
[BondLady] that was a devalue
[BondLady] when they added 000 to the currency its cause the iqd had bottomed out an was def a devalue then
[BondLady] the iqd has continued to raise in value ever since
[BondLady] slow but still it rose
[BondLady] what they are trying to do now is the opposite of what they did in 2003
[BondLady] there releasing back a normal currency without all the 000
[BondLady] reversing the effects of the past
[BondLady] an it says by releasing the coins its proof the dinar will have value
[BondLady] basically an all imo
[BondLady] the coins would be absolutely no good if there wasnt value brought to them
[BondLady] so it has to rv to do that
[BondLady] just like in 2004 they talk about it
[BondLady] it wasnt the right time to release the coins
[BondLady] so i liked that article hope u all did too.
BondLady] yall wanna see my 2nd favorite art today?
[BondLady] goes right along with the chat i just did
[BondLady] Dinar regain glory and coins in our pockets soon Sattar Jabbar Ghazzi Posted 01/08/2011 07:23 PM Central Bank soon begin to raise three zeros advice of international economic organizations and Baghdad? A Deputy Governor of Central Bank of Iraq that Iraq began the restructuring of the currency the involvement of international economic organizations focus on raising three zeros and the development of currency, metal new. The appearance of Mohammed, told the people that "the Bank Central agreed with international organizations on the process of restructuring of the currency and support the level of the value of the Iraqi dinar against foreign currency (dollar).
[BondLady] He pointed out that "the process of restructuring, which will begin this week will focus on the provision of climates suitable for the lifting of three zeros from the local currency in addition to the development of the coin Mini for 500 dinars and 1,000 dinars. " and that "the level of the local currency will evolve during the next five years, according to the structure established by the Central Bank, which will address the economic gap of the part." "The current currency exchange backward and Atertqa to the level of advancement of the Iraqi economy and to address the gap and inflation during the next phase ". He expressed the IMF in August / August, his support of the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq. The Iraqi government has denied holding any change in the local currency this year to reduce inflation. The local currency of Iraq has passed in the history of changes to several, most recently in 2004 when the former Governing Council replaced the previous currency, which was the symbol of the former regime. The main tasks Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking
[BondLady] dinar to regain glory and the coins in our pockets soon
[BondLady] aint that awesome
[BondLady] regain its glory
[BondLady] thats a rate increase for sure
[BondLady] as i said no reason for coins with out a rate increase
[BondLady] and wouldnt be very much glory in 1170 huh?
[BondLady] dinar regain glory
[BondLady] can only mean a rv/ri imo
[BondLady] i thought its really good
[BondLady] just like the other article i just posted this supports that 1 too
[BondLady] drops the mic on lights foot an walks off