.Frank26, Delta and More Saturday Evening 4-8-17

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.Frank26, Delta and More Saturday Evening 4-8-17

Post  Admin on Sun Apr 09, 2017 12:49 pm


1 IQD = 0.000888 USD

Frank26:  KTFA FAMILY ...................... THEY ARE GETTING READY............. ARE YOU?

IMO Big Report today or tomorrow............. i will call You when it comes in.

BTW on FINAL ARTICLE #41 .....See article below) ......... What You just found on the Arabic side of the CBI Website ........... Matches up with line ........... "On the other hand , the technical preparations are underway by us ." 

Aloha my Brother ..... \m/

Blinkster:  Thank you, Delta!! WOW! Another suggestion/confirmation of "International"!!!

Cole:  Now you see here folks, this means INTERNATIONALLLLLLLLL. Plug
in that 1:1 from the most recent FA... maybe more like .8:1? Ehh? Lol LOVE IT!!!! Aloha Delta sir... smile

Jay:  WOWOWOWOWOW....!!!!!!!!!. DAT'S UUUUUUUUUGE... Ya know what .88 = don't cha...???

FaithPrevails:  Wow if my calculator is correct drop three zeros and we are  1.14

Cole:  Question for anyone who is in the know... is the CBI closed till Tuesday? i mean MasterCard recognizes iqd on Saturday... then 3 days later... holiday is over... hmmmmmmmmmmmmm


DELTA:  ANOTHER ONE IS SHOWING NOW BLOOMBERG........COME ON CBI JUST DO IT...https://www.bloomberg.com/markets/currencies

Jay:  .00092 with 15% transaction fee.   https://www.mastercard.us/content/mccom/en-us/consumers/get-support/convert-currency.html/

SlappySquirrel:  "But when it happens, it will happen quickly"... f26

Frank26:  KTFA FAMILY ........................ i have connections ........... i can get You a front row seat next to DELTA on MONDAY'S CC !!!   I will only charge ............... 1 to 1

This article is now Final Article #41:

MilitiaMan:  It sure looks like 11 Billion 600 million Dinars outstanding with a possible 1 Billion 250 million dinars of questionable, buried,  counterfeit notes outstanding, etc.. According to them the 1.25 billion is not over concerning in amount to be a) damaged b) buried, etc. or c)  counterfeit. They are alos educating the citizens just like we have been told they would.

They are also telling us they are monitoring the money, with sophisticated equipment or books, posters, in regard to counting, authenticity, etc..

I don't think it is at all,  if my study is even anywhere close over the years that is there is about 30 trillion in Dinars outstanding globally and with the lion share of 17 Trln being held in the USA and the UK, and other coalition entities.

I am no math major, but if this is an indicator it sure looks as though they are saying they are at 1/1 ratio now. 17 + 13 trl IQD or 11.6 bln 250ml IQD is close enough for me, imo.. 

That is some serious movement they are talking about today.. ~ MM

Frank26: Mmmm Hmmm.

DELTA: "On the other hand, the technical preparations are underway by us." (wink)

Jay:  WOOOOOOOOW.....Yes Delta. 1:1 is VERY Technical. Would you not agree Sir...???..

Walkingstick:  Director of the Department version of the Central Bank (range): printed currency volume exceeded 11 billion and 600 million dinars

Host of the Iraqi Central Bank steps are subject to political and legal environment of the country , especially in regard to Eduard the deletion of zeros that counted specialists in the earlier trend sensitive and dangerous may still be , but the central remains the most important institution in terms of the need to adjust the financial management in light of the financial crisis experienced by the the Iraqi economy, which must have to deal with dilemmas , whether with regard to the citizen or the work of the central bank itself.

Questions concerning important files posed (range) in this meeting , the director of the release and the Treasury in the Central Bank Aa'bas behind, and with being answered by briefly he pointed out the most important points that showed that the currency is good for circulation deposited Central has exceeded one billion and a quarter of a million dinars an amount that is not a little if they were compensated by the stored banknotes at the bank , as some believe, at the time between the printed currency size has exceeded the "11 billion and 600 million dinars, he urged citizens on the need not to keep large amounts in homes or buried in the ground ,

the fact that the process of replacing in the event expose Dt to burn or damage costs the central administrative and financial burdens, stressing that the counterfeit currency rate is still within the internationally accepted borders, with the central quest to carry out an information campaign to educate the public on how to distinguish between the original currency and Almzorh.oicol behind on a question about the possibility of having higher versions of a class (50000 ) dinars?

- No at present intention to issue a higher class category (50000) dinars.

* What about the subject of the deletion of zeros and the reason for the delay?

- the decision on the deletion of zeros can not be taken in isolation from the political and legal environment in the country under conditions the security situation as a result of terrorist acts and exit p D from the provinces outside the control of the state for the years 2014.2015, 2016 which prevents certainly to wait in the implementation of this project , in addition to that this must be done in coordination with all state departments and the private sector, where it should be followed by changing the paragraphs contained in the various laws, which include a reference to fines or lump - sum collection of fees, must also change the financial and statistical records in order to conform with the project process the deletion of zeros. On the other hand, the technical preparations are underway by us.

* How is the cost of the annual replacement and replacement of damaged currency?

- First , there is no substitution instead of a damaged annually, as the bank instead seeks to issue new papers for security specifications developed, so the cost is reduced in this way it is the cost of issuing new bank notes specifications better used at the same time damaged to the replacement of currency from the previous editions .
We seek to carry out an information campaign to distinguish between original and counterfeit currency

* How discovered the counterfeit currency of the size?

The Central Bank of Iraq resorted to the use of machines to sophisticated counting and sorting which can detect counterfeit currency, in addition to banks guide using modern techniques in the currency examination, but the problem is not doing shopkeepers enough efforts to use the machines to check the currency, as the bank seeks to campaign media to sensitize the public on how to distinguish between the original currency and counterfeit currency by issuing a booklet definitions and (posters) for this purpose and will be distributed to banks in major shopping malls, and in all cases, the counterfeit currency rate is still within the internationally accepted borders , where even T ratio (0.000025) (Twenty - five million paper sheet).,

* What currency damaged by fire or poor storage of citizens compensation mechanisms?

- While we hope the citizens do not keep large amounts in homes or buried in the ground, and to do instead in the deposit with the banks, as the replacement of the burnt currency process or damaged it costs the central bank financial burdens and administrative Colva unwarranted, however the bank is to receive citizens whose savings in Iraqi currency to fire accidents provided that they are documented by the civil Defense Department and be sourced from the project, either in terms of currency (buried) are sufficiency statement on the sources of these funds, and in this regard we call on citizens not to accept the mediation of any hand to Astb The Iraqi currency and that this bank does not receive any commission for its replacement.

We applied security methods with modern technology advanced counting and sorting currency

* What future plans for the central bank currency and print?

- Iraqi Central Bank seeks to keep pace with the evolution of printing currency and modern technologies both in currency printing or counting devices and sorting the currency where they are constantly adding new security features in addition to the acquisition of advanced machines counting and sorting currency, was dispensed with final counting and manual screening process.

* How much is the size of the torn currency and how much of the size of the printed currency?

- The number of banknotes unfit for circulation deposited with this bank (1,277,049,543) cash paper of various categories, where they are compensated from the stored banknotes have this bank, as the number of printed banknotes (11,615,265,154) cash paper of various categories.



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