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Thursday, May 21, 2015

DELTA:  News On New Currency

Reposted By Delta later to Compliment & Support what he said on Conference Call last night

Post From KTFA By Walkingstick   Soon ... Banknotes Worth 50 000 Iraqi Dinars

By Mohammed Emad one sixteen a.m. 21/05/2015 | V

Brother – Baghdad

Said Finance Committee member Abdul Qader Mohammed The issuance of new editions of the coin fifty thousand class will be designed in accordance with the distinctive techniques by specialists to prevent the possibility of forgery.
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Mohammed said that "the new currency will be launched soon in accordance with regulations and modern techniques and under the supervision of specialized technicians and design N fraud," pointing out that "the new currency will compete with other currencies in the internal handling of the Iraqi market."

He explained that "the new currency strength will add liquidity and raise the cash value, as well as it will be an important factor to improve the national economy."

Rasheed Bank and announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, as he emphasized the economic and investment commission parliamentary member of the Charter of Hamdi earlier, the bank printed new financial category worth fifty thousand dinars will be traded soon.

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The new currency category 50 Thousand carry tamper-proof specifications

Author: Publisher on:May 21, 2015In: 
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BAGHDAD / Center Brief for the Iraqi Media Network (IMN) Finance Committee member Abdul Qader Mohammed said that the issuance of new editions of the coin fifty thousand class will be designed in accordance with the distinctive techniques by specialists to prevent the possibility of forgery.

He said Muhammad's (IMN) that "the new currency will be launched soon in accordance with regulations and modern techniques and under the supervision of specialized technicians and design N fraud," pointing out that "the new currency will compete with other currencies in the internal handling of the Iraqi market."
He explained that "the new currency strength will add liquidity and raise the cash value, as well as it will be an important factor to improve the national economy."

Rasheed Bank and announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, as he emphasized the economic and investment commission parliamentary member of the Charter of Hamdi earlier, the bank printed new financial category worth fifty thousand dinars will be traded soon.

From: Mohamme

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Member Comments & Feedback:


Post by Dave57 » May 21st, 2015, 12:10 pm  •  [Post 197]

50,000!!!   That can't be a good sign.

If they are going to remove the 000s, then 50,000 is the last thing they would need.

Post by chillers1959 » May 21st, 2015, 12:14 pm  •  [Post 198]

"Worth" 50K, not a 50,000 note!

DELTA:  I GUESS YOU MISSED THE HIGH LIGHT YOU NEED TO RE READ IT AGAIN

2 KEY POINT:

1-WORTH 50000

2- THE NEW CURRENCY STRENGTH WILL ADD LIQUIDITY AND RAISE THE CASH VALUE. 50000 WILL NOT ACCOMPLISH THAT.    DELTA




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