Iraqi Dinar Discussion Board

[Mr. Bill]

How does any of this commentary make any sense? The process of delete the zeroes will take the big bills out of the market so we will begin the process by introducing briefly a 50k and 100k note just to then quickly eliminate them? LOL! Please give us a freaking break. Sometimes the analysis by these "gurus" is hysterical!

6-6-2015 Newshound Guru Kaperoni Article quote: "Jabbar al-Abadi in a press statement transferred reporter (and the Iraqi News Agency Information / INA) , that "the central bank tends to issue currency worth 50 000 dinars and 100 thousand dinars and purpose to reduce the demand for the dollar and foreign currency because we observed a steady rise in the foreign exchange rates against the Iraqi dinar ". It seems very apparent that at least the 50k will come out..and possibly the 100k before end of year. It may even be sooner than that with the tariffs going into full effect August 1st. Like this man said..."which means the destruction of these two categories in the near future" which to me means these will be short lived in the market and the beginning of the delete zeros process.

Read more: http://www.dinarguru.com/#ixzz3cKDmO6CJ