* Official Iraqi Web Site (Talibani) Announces New Currency …
Thank you to Sue from Minnesota for this great find!!!
THIS IS THE ORIGINAL SITE, BUT YOU HAVE TO GOOGLE TRANSLATE IT, BUT I DID THAT BELOW FOR YOU.
THIS IS THE PAGE THAT I FOUND THAT ONE LINE ON, ……..ITS IN PARAGRAPH 7
translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ar&tl=en&u=http%3A%2F%2Firaqipresidency.net>
7. ??????
- ??????? ???? ????? ??? ?????? .. ???????? : ?????? ????? ??????? .. ???????? : ?????? ???????? ??????? ?????? .
- ??????? : ???????? ?????? ???? ???????? ????? ??????? .. ????? : ??????? ?? ?? ???? ??????? .
- ??? : ????? ?????? ??????? ???? ??????? ??????? .
- ????? ????? ??????? ??????? ????? .. ?????? ????? ??????? ???? ?????? ?????? ??????? .
- ?????? ?? ???? ?????? ?? ?????? ?? ???? ????? .
- ????? ????? ???????? ?? ?????? ?????? ????? ???? .
- ????? : ????? ???? ?????? ?????? ??????? ????? ??? ?? (????????) .
- ????? ?? ??? ?????? ????? ????? ??? ?????? .. ???????? ???? : ?????? ??????? ?? (????????) ?(??????????) ?(???????) .
- ???? ??????? : ????? ??? ?????? ?? ?????? ????? ???????? ?????? .
- ??????? ???? ????? ????? ??????? : ????? ???????? ????? ??? ????? ??????? .
7. East 29 Responses to “* Official Iraqi Web Site (Talibani) Announces New Currency” Reread the statement made by the Bank of Iraq. that “delete the zeros has nothing to do to inflation in Iraq, and it will Bmrdodat positive on the economy of the country will not confuse the internal dealings or affect it.” So it’s not about inflation. “the new dinar would be equivalent to class 1000 currently in circulation and the value of less than one dollar under the current exchange rate. ” So the new currency is equal to the current – not the other way around. Under the current exchange rate the current dinar is .000855 of a dollar. So logically the new currency would also be worth under a dollar at .000855 under the current exchange rate. They are really saying they are introducing new notes, as DD has pointed out which are lower demons already printed, at the same value of the current currency under the current exchange rate. When the exchange rate increases from an RV, then all the currencies (current and new) increase in value. The current currency with the 3 zeros would not be practical in trade any more because of its increased in value. Note the first part of the press release – The new currency (the lower demons) would become more practical for trading. The current currency might be taken out of circulation, the article say “deletion of zeros (the current currency) is still a project under study by the competent authorities. So the larger note might or might not be removed from circulation. All of his would happen according to the article “after the formation of the government and a consultation with the Cabinet ” The only reason to do this is a sudden higher RV of the exchange rate … Like or Dislike: 0 0 A reprint does not surprise. Like or Dislike: 0 0 DD: Does this mean the dinar we currently hold will be worthless? Like or Dislike: 0 0 Reread the statement made by the Bank of Iraq. that “delete the zeros has nothing to do to inflation in Iraq, and it will Bmrdodat positive on the economy of the country will not confuse the internal dealings or affect it.” So it’s not about inflation. “the new dinar would be equivalent to class 1000 currently in circulation and the value of less than one dollar under the current exchange rate. ” So the new currency is equal to the current – not the other way around. Under the current exchange rate the current dinar is .000855 of a dollar. So logically the new currency would also be worth under a dollar at .000855 under the current exchange rate. They are really saying they are introducing new notes, as many have pointed out by others which are lower demons already printed, at the same value of the current currency under the current exchange rate. When the exchange rate increases from an RV, then all the currencies (current and new) increase in value. The current currency with the 3 zeros would not be practical in trade any more because of its increased in value. Note the first part of the press release – The new currency (the lower demons) would become more practical for trading. The current currency might be taken out of circulation, the article say “deletion of zeros (the current currency) is still a project under study by the competent authorities. So the larger note might or might not be removed from circulation. All of his would happen according to the article “after the formation of the government and a consultation with the Cabinet ” The only reason to do this is a sudden higher RV of the exchange rate … Like or Dislike: 0 0 If you guys look at yesterdays posts, DD said he believes the “new” currency is the lower denoms – an element that is critical for the RV. cool out! Good things are headed our way! Like or Dislike: 0 0 Any news what denominations they are yet? Like or Dislike: 0 0 Harold, I don’t see how you would draw the conclusion that “the exchange will take place only in Iraq after everything is locked down.” That does not follow from any thing in this article. It is purely guess work and one that is founded on nothing at that. Like or Dislike: 0 0 hello, Like or Dislike: 0 0 this same article came out months ago and everybody quickly dismissed it…..the whole “lower denoms” theroy is just that….people say that the small bills were printed with the large bills……no proof on that just all rumors and hearsay……no proof….also why would they only print the kurdish writing and symbol on only the lower denoms? Like or Dislike: 0 0 remember the USA holds 3.3 TRILLION dinars in washington.. If WE cant cash in, LEGALLY WASHINGTON cant cash in dont you think? Like or Dislike: 0 0 Has anyone given any thought that maybe the latest group of stories coming out of Iraq is more of the same type of info that is meant to throw us off. The Gurus have been warning that many stories will come out to mis-lead and mis-direct. Maybe, this is part of that. The dust will settle soon enough…..don’t kick up any more than is already circulating. RELAX……….until it’s time not to relax. Like or Dislike: 0 0 When did this article come out?????? Like or Dislike: 0 0 ADONAI Like or Dislike: 0 0 Darren… can you link some proof that the USA hold 3.3 trillion. Like or Dislike: 0 0 Not to long ago I had read in some of these posts or chats that there would be this kind of negativity so as to get some investors to sell their dinars ahead of the RV. Does anyone else remember reading anything like that? I believe that we should hold on for the ride. In the end, the reward is going to be well worth it! Like or Dislike: 0 0 Since we have been told this was a five year plan it makes perfect sense that knowing where they wanted to go that they would have imprinted the new smaller denoms the way they thought best knowing that the larger bills would not be in use after the RV/RI. IMO anyways. I think this is great news and look forward to hearing what this week will bring. Thanks for sharing Sue! Thanks for posting DD! Go Dinar! Like or Dislike: 0 0 The report says the value of this currency will be the same as the old. “the new dinar would be equivalent to class 1000 currently in circulation and the value of less than one dollar under the current exchange rate. ” So the new currency is equal to the current – not the other way around. Under the current exchange rate the current dinar is .000855 of a dollar. So logically the new currency would also be worth under a dollar at .000855 under the current exchange rate. ONLY AN RV WOULD CHANGE THE EXCHANGE RATE – SO BOTH WILL GO UP WHEN AN RV TAKES PLACE. Like or Dislike: 0 0 I love the people that supposedly are invested in the Dinar but have no idea what the facts are surrounding the investment. Not naming names or anything but there’s a few that have responded to this post Like or Dislike: 0 0 Vindication will be wonderful….but I would have preferred being rich. Like or Dislike: 0 0 Evidently the Iraqis are plagued by counterfeit currency even if the IQD is difficult to copy. Also the merchants complain that the DeLarues are expensive to purchase. Perhaps the new currency will replace the old one and be more easily detected when counterfeited? Surely Ali and the American banking establishment will be able to redeem our current IQD currency if necessary. When the new currency becomes available it is unlikely that the current IQD would be devalued even further than it already is by swapping inequitably for the new bills as that would be a justification for nuclear war! Like or Dislike: 0 0 Like or Dislike: 0 0 DAVED I was just helping to spread the “news” and “rumors”….hmmm …If you could see me, Im holding my breath… Like or Dislike: 0 0 OH. MY. Help DD, they are cnfusing me again… LOL Like or Dislike: 0 0 DaveD why you ask Darren to link something when you need to be doing the same thing with all the stuff that you post on here yourself. Like or Dislike: 0 0 Blitz… I have tried to put links in my post. Anything with a link gets held for moderation and doesn’t get approved until the conversation is dead and scrolled off the board. Like or Dislike: 0 0 Hours ago I posted about a study from the University of North Carolina… it talked about all lops done in recent history. It 100% factually refutes the claim that lops only happen to countries suffering high inflation. I posted a link to the study. The post is still awaiting moderation. Also… the other day I posted links that proved what Iraqs currency in circulation was. Along with it I posted a link that showed what the whole world combined currency numbers where. One of the mods eventually approved it, but later a certain person got mad and deleted the post Like or Dislike: 0 0 yes, I remember something about that daved.. I wondered what happened to that post.. Like or Dislike: 0 0 i think everyone gets it by now,….for those that dont,…here’s a rundown,….daved thinks this is a lop. hope that clears it up for everyone. so with that put to rest,.id like to say thanks daved,..and i hope you had fun playing. we will all miss you drop us a line,..let us know how cashing in your dinars and getting out while you can,..went. Like or Dislike: 0 0
- Jaafari refuses to nominate Abdel Mahdi .. Shabandar: pave the way for the owners .. Iraq: does not exist legally to the National Alliance.
- Araji: Sadrist support the candidate of the Coalition against Maliki .. Osman: Kurds with those who meet their demands.
- Atta: We started to apply procedures over the security mission.
- Included the Kurdish language and national symbols .. Advisor to the Central Bank reveals details of the new currency Comments
“the new currency which the Bank intends to put up for trading”
They printed 45 trillion.
What is bad is the exchange will only take place in Iraq after every thing is locked down.( Im Guessing here)
OH Well win some lose some.
“the new currency which the Bank intends to put up for trading”
Ken, worthless only if you believe Harold’s guess. Why would you do that? If you invested in this, you must have done the research to convince yourself as to what the risk was and the reward. Stick to what you know.
This one bullet from a Arabic news source in not the whole story. That was out yesterday and has been parsed on several web sites and they have been included on this the “Drudge Report” of the Iraqi Denar!
for one this article was put out months ago and everyone dismissed it, if these “lower denoms” were printed the same time the large ones were printed then why do only the lower denoms have the krudish handwriting on them? why has nobody verified that lowere denoms exist or were printed the same time as the large bills…….it has all been hearsay about the lower denoms and no actual proof but some people saying they exist. zero prood about lower denoms.
this is a whole new currency…the question is will our 25k still be worth 25k when we exchange ours for usd or will it have a different value….ali has said iraq has to honor our bills and it was also printed that both currencies will be in circulation till large ones are out.
its obvious that this is a whole new currency….question is will our 25 k still be worth 25k when we exchange…..ali has said that iraq must honor our money. iraqis will obviously exchange there money for the new currency and we will for usd…just hope our value stays the same.
It came out yesterday Sept 5, 2010
That RUMOR has been pushed by dealers/pumpers for years and there has never been one shred of evidence to support it.
Someone has a problem with facts.