Millionday Tuesday Night News Part 2
[millionday] Brother - Baghdad Central Bank of Iraq, on Tuesday, re-printed banknotes Iraqi pictures of new and superior protection, and in the time that indicated that the currency will continue to be traded now, confirmed that the new currency will help the blind to see the value of these categories. ,
the bank said in a statement received by the Agency for News News ( et al) , a copy of it, he was "re-print the new series of banknotes of Iraq and currently circulating pictures of new and superior protection,
[millionday] note -- they are printing some denominations that are here now and new -- lets look
millionday] using a good quality of printing paper, with the inclusion of the two dates Hijri and Gregorian and the signing of the Governor of the Central Bank and the Agency Abdul Basit Turki Saeed, with the addition after security tags ,
"pointing out that" the banknotes current will continue trading with the new will not be pulling rolling them now or in the future. "
the statement added that "the categories of the 250, 500 and 1,000 dinars has been added to signs of a new security upon which bristles color visible and invisible signs circular for the visually impaired (blind), in addition to coating the banknotes paint shield to protect it from dust, as well as a string ensure width of 1.2 mm. "
millionday] note -- they will have raised markings for those citizens that are blind -- and also will have some in large denoms for the ones that are not able to be read at all -- they have some out there that look like a piece of cloth
millionday] the Bank noted that "he has been added to the IPL colorful visual and non-visual classes 5000 and 10,000 and 25,000 dinars, and the signs for the visually impaired and coating to protect it from dust and thread bar Protection with a picture of the Palm and Animations and colors changing different for different denominations of the three, "stating that it" has been added to high mark protection universally known Bspark. "
[millionday] the bank said that "it was to change the image in the Arab world, al-Hasan ibn al-Haytham in the paper category of 10 000 dinars to a picture of a monument Freedom in Baghdad artist Jawad Salim, in addition to the modified image of agriculture and the field in the category of 25 000 dinars, where will be charged farming jar of water and appears behind a tractor plowing a new earth. "
[millionday] declared the Iraqi Central Bank in November 2013 its intention to issue coins denominations are small and other paper-related large segments of the category of 50 000 dinars written in Arabic and Kurdish.
was established Iraqi Central Bank as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.
millionday] so they are preparing for the new exchange rate and of course the exchange as they have made very clear -- this is great news huge huge ---
[millionday] this was done for the implementation of the economic reform and monetary policy and exchange rate -- cant get much clearer than that
[millionday] they may float but it will be from a reality rate not from the imposed rate
[Road_Kill] If they are going RV their currency and ring on the large notes why would they print more?
[millionday] in order to be in the world market [millionday] they have some that are not visible and also have a transition that is to occur with people across the nation -- this is not going to mean anything to us -- it is for the exchange and for the new policy -- to be used for exchange through the machine -- del a rue
MsDiva] could it be steps to this RV progress in 2014 then give a reality rate for 2015[millionday] i don't have a date but would be personally shocked if they leave the country in this state for another year -- very shocked Imperator] Why talk about coins and a 50k note in the same breath?
[millionday] exactly -- they are talking about the print for the exchange and that they have to reprint some of the larger denoms for the exchange as they put it
[jtank] But same as what we have
[millionday] the rate is calculated at a reality rate by what they have to hard back it -- gdp -- and the rest of the figures used to calculate what the rate will be millionday] right international currency laws makes any formal currency hold its face value and when it changes in rate they give time as far as history shows to exchange them in
[millionday] Imperator exactly this is good news we just read not bad very good
millionday] they are moving forward with the monetary policy and also the exchange of the currency and market economy --- thats what it says
[jtank] why would they use dinar at that low value with the usd in use at high value
[millionday] now if this doesnt make you smile -- check your pulse
[millionday] With the 29.8 tonnes which the World Gold Council says it already held, the purchase brings Iraq’s total gold holdings to 65.8 tonnes Tunis: Iraq’s central bank may buy more gold in coming months depending on investment needs, the finance minister said on Tuesday on the sidelines of an Arab ministers meeting in Tunis.
The Central Bank of Iraq bought 36 tonnes of gold last month, it said in a statement, in a bid to help stabilise the exchange rate of the Iraqi dinar against other currencies.
[millionday] That purchase was the first addition to Iraq’s gold reserves since it increased its holdings by 23.9 tonnes in August 2012, according to data from the International Monetary Fund. At the time of the purchase it was worth $1.5 billion.
With the 29.8 tonnes which the World Gold Council says it already held, the purchase brings Iraq’s total gold holdings to 65.8 tonnes, making it the 43rd largest official sector bullion holder in the world, after Denmark and just ahead of Pakistan.
[millionday] whoooopow -- to stabilize the exchange rates --
[Baxter1243] thought they had 90 tons??
[tbob] whoooooooooopppooooww!!! lol
[millionday] they are not going to send you a letter but we have alot going on with them stating that they are moving forward to a market economy and also applying the monetary policy
[millionday] it is great news turn frowns upside down smile
[awesomedtl] Moving forward even though budget isn't done
[jtank] With the high 3 zero notes printing u can guess very low rate
[millionday] this is all very very good news [jackflash101st] This r/v completed before the election
[awesomedtl] Do u really think they will Rv without budget done still
[Richard Incrocci] millionday Rockin Whoopowerific info
[millionday] yes and also they reported that they are moving the budget forward --- they are working on it -- yes they can set the rates at the same time and also they have always needed it all at the same time
[jtank] What happenred to 80 cents or reality rate
[millionday] it is great news turn frowns upside down smile
[alphaone2] Millionday we are 6 days away do you really think they will get the budget passed. They still need a second reading not done.
[letsroll] some think reality rate B4 budget we wait
[millionday] the rate when it comes out will be what they have calculated it to be for international trade -- fair trade
[millionday] we have read many reports that state it will be what it was before the 80`s by saleh -- so we will see as i say
[millionday] it seems as though with the world trade there -- we are close and with many of the reports we have read tonight
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