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Re: None

Wednesday, 10/01/2008 2:58:27 PM

Wednesday, October 01, 2008 2:58:27 PM

Post# of 29692
The lop would be to go to lower denoms DUE to the past but their problem right now seems to be the hinderance of the physical burden of all the cash...

"We know for example that one of the biggest problems at the present time the problem of counting and counting and verification of counterfeit currency or the offense, and this burden to the banking system, the burden on the citizen as well."

The consultant concluded the central bank to say that "low cost counting and counting and other leads to a decline in inflation by an estimated rate of 3%, resulting from the cost of cash transactions of large deals, have citizen in Basra for example, to transfer funds to Iraq through cash into the category of the dollar, Potential burdens and costs and commissions arising from the conversion process. It cost added to the transaction prices inevitably.

To lop before a revaluation doesn't make sense to me.

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