Thank You My Ladies for Allowing Recaps to Share this today:
BaNDIToRoX: Like Nova has said a Dinar is a Dinar
Expert: delete the zeros supports the national currency and reduce inflation in the country
BAGHDAD / ... confirmed an economic expert d. Peace Sumaisem, on Thursday, on the importance of the subject of the deletion of zeros from the Iraqi dinar, considering it as a support of the national currency, and a reduction of inflation in the country.
Sumaisem said, in a statement to "Ein Iraq News", "delete the zeros includes two basic objectives, the deletion of zeros, and the restructuring of the Iraqi currency, instead of the $ 100 equals 120 000 Iraqi dinars, after deleting three zeros become a $ 100 equals 100 Iraqi dinars, which is equal to the dollar and the dinar This means strengthening the Iraqi currency. "
"The country suffers deficit as Iraq does not it can support its currency unless received grants from third parties, and whether this possible implementation it is important, reframes the value of the currency indirectly supporting the national currency, and when structuring currency returned it reduces inflation Iraq ". Finished / 13
Jxxxxx: Is this article stating what I think it's stating that the deletion of zeros and the restructuring of the Iraqi currency becomes $100 equal to 100 Iraq dinar's? Did I read that correctly?
Mxxx: It says a 1:1
JG: I believe thats in country but 1-1 to start isnt bad
MY LADIES: OK HOW MANY OF YOU ARE GOING TO GO LIVE IN IRAQ?
SO WHY ARE WE CARING ABOUT THIS ARTICLE IF WE LIVE HERE?
A DINAR IS A DINAR IS A DINAR IN IRAQ, THEY GAVE EXAMPLE FOR THOSE USED TO TRANSACTING THE DOLLAR
A DOLLAR IS A DOLLAR IS A DOLLAR IN USA, BUT IN JORDAN IS DOLLAR IS SOMETHING MORE
Mxxxx: Well, I'm not sure that is what it says. It says that they are "restructurung" and that a dollar will equal a dinar.
MY LADIES: CORRECT...SO WHAT IS THE PROBLEM
Exxxx: same for them as us They change 1 dollar in and get 1 dinar worth the new rate We trade one dinar in and get the dollar worth in the new rate
MY LADIES: YES Exxxx CORRECT... SO NOW WE CAN PUT 10 CENTS TO BED
Hxxxxxxxxxxx: I think most of us are still having a challenge seperating in country and international
PD: Wow great article. We are really getting there.
Exxxx: try this. Out of the country it has a value to exchange for the new rate. say $4 In country a dinar is worth a dinar. BUT compared to the dollar it has the equivelant to 4 US dollars
NOVA: YOU GOT IT!!!
Exxxx: Should add $4 of buying power…..but it is still 1 dinar
BanDIToRoX: NOVA!!!! A DInar is a Dinar is a Dinar
WCxxxxx: re·mit·tance rəˈmitns/ noun plural noun: remittances
a sum of money sent, especially by mail, in payment for goods or services or as a gift.
synonyms: payment, money, fee; More
the action of sending money in payment.
[8:15:50 PM] MY LADIES: OK WE HAVE THAT ARTICLE 3 TIMES NOW...THANK YOU, DOES ANYONE KNOW WHAT THEY'RE SAYING?
[8:16:11 PM] MY LADIES: DOES ANYONE KNOW WHAY THEY'RE SAYING IN ANY OF THESE ARTICLES?
HCL, oil baby!!!!
Rxxxxx: But, when they do drop the 000s we have reform
Hxxxxxxxxxx: Nova would this be for example lets say a loaf of bread in Iraq was 4 dinar after a 1 to 1 in country and a person could then buy with $1 or 4 dinar? Or am I off?
Exxxx: Hxxxxxxxxx- Let me try this. Today a pair of shoes is $12 in Iraq It cost them 12 US dollars or how many per thousands of dinar at 1166 After the revalue if at $4 it cost them 12 US dollars or 3 dinar would you trade yours in country 1 for 1??? I think so and that is how they will get the dollars off the street as fast as we get the dinar out of our hands.
NOVA: With the BREAD EXAMPLE, now factor in the PURCHASING POWER ON IMPORTS and the BREAD WILL REALLY COST .25 IQD
MY LADIES: SO NOVA I GUESS THE TURN 50 DINAR IN AT THAT BANK NOW FOR 1166 GOT TOSSED OUT THE WINDOW
AND I GUESS .10 - .30 WENT WITH IT
WOULD YOU AGREE??? LOL
NOVA: YES ML I AGREE 100%!!!!!
Hxxxxxxxxxx: I think I get it Nova--1d to $4 is the same as .25d to $1….in country value
Exxxx: Hxxxxxxxxx- 1 dinar is worth 1 dinar. It has equel to $4 US dollars of buying power in Iraq after the revalue…… The peso last year was 10 pesos to the dollar This year it is 15 pesos to the dollar. 1 peso is still worth one peso.
MY LADIES: SO GOOD NEWS TODAY WE HAVE REMITTANCES ON SUNDAY, MECHANISM IN PLACE, AND START THE DELETE THE ZEROS.
NOW LETS KEEP LOOKING FOR SOMETHING FROM THE CBI.
BanDIToRoX: Central Bank direct banking customers transfers execution beginning next Sunday
And the Central Bank said in a statement that "banks will implement the transfer of customers from Sunday 8/3/2015, after the completion of all the procedures and mechanisms of these banks."
MY LADIES: OK SO HERE WE SEE IT AGAIN FOR STARTING TRANSFER OF FUNDS ON MARCH 8TH….WELL WHAT A GOOD MORNING THIS HAS BEEN
MY LADIES: HA HA HA ...DID WE TELL YOU THE HCL WAS IN THE BUDGET??????????????
WELL LOOK AT THIS...GO AHEAD BANDITO POST IT
BanDIToRoX: Vice Kurdistan: the oil agreement between Kurdistan and the federal government has already become law
05/03/2015 05:04 | Trend Press - special
MP for the PUK Ardalan Noureddine the latest oil deal between Kurdistan and the federal government has already become law
Ardalan In an interview with the TV channel said that some of the trend speaks about the possibility of agreement or cancel with the fact that this agreement has already become law after a binding for all after he entered in the federal budget for 2015 approved by the House of Representatives recently
The Kurdistan Alliance MP capable Mohammed said in a statement that "the odds of Baghdad and Erbil on the oil agreement, economic reasons in conjunction with the crisis experienced by the country and the need to export larger quantities of oil."
Mohammed said that "what happened last intersection, does not rise to the level of crisis, but rather a simple barrier can be resolved through dialogue," stressing "the determination of the parties to agree on the implementation of the oil clauses full form."
Rxxxxx: WOOPOW (Borrowed)
DS: Now you can go out and take it to the BANK
NOVA: ITS LIKE A FLOOD TODAY!!!!!!!
MY LADIES: HOLD YOUR HATS ON THERE'S MORE
Rasheed Bank announces exchange instruments of the pilgrims and the salaries of retirees of Nineveh and Salahuddin procedures
BAGHDAD / .. decided Rasheed Bank, on Thursday, to facilitate the procedures of the payment instruments pilgrims winners and non-winners in the hot spots (Nineveh / Salahuddin / Anbar) .
A statement of the Ministry of Finance "Eye Iraq News" received a copy of it, the Director General of the Bank Mohamed Abdel Wahab was quoted as saying that "the new regulations issued by the Rasheed Bank allows the citizen review of a number of branches that have been allocated for the disbursement of funds deposited instruments calculates open the pilgrimage at the bank," he said to be allocated to the branches are (Karkh / 23 Karkh district and branch 520 student Rusafa / Alboshjaa 519) and the province of Kirkuk (Babacrker / Branch June 1) and in Anbar province (gray Branch) and the province of Salah al-Din Samarra Branch).
MY LADIES: THEY ARE READY TO DISTRIBUTE FUNDS TOO...
Rxxxxx: SHUT THE FRONT DOOR
JP: Jerry McGuire-time!!!!