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Saturday, July 23, 2016

DELTA UPDATE, 23 JULY

DELTA:  HELLO FAMILY:
 
I DID BRING THIS PART FROM 2/27/2015 TO REFRESH YOUR MEMORY, WHEN THE CBI DECIDED TO WITHDRAW THE 50 DINARS NOTE,  THEY DID STATE THE REASONS!!!
 
The Central Bank of Iraq , the day before yesterday , the currency was withdrawn from the category of 50 dinars from circulation due to " low value and stop the public about the circulation ," according to a statement of the bank. A source in the CBI told the " term " that " the bank does not want a conflict between the currency and the category of 50 dinars 500 dinars in case of deletion of zeros from the last

http://www.almadapaper.net/ar/news/
 
AS WE KNOW THE NEW 500 DINARS IS CONFIRMED WITH KURDISH LANGUAGE , THAT'S WHY I DO BELIEVE IMO WE ARE SO CLOSE TO SEE AN INCREASE IN EXCHANGE RATE.   DELTA


MBA Grad:  Greetings Delta,

I'm trying to confirm that the 250 Dinar notes have also been modified to have the Kurdish language. I'm pretty sure that you had posted something about the 250 Dinar notes which you had seen on Iraqia Televison.

I also remember Al-Abadi making some kind of an announcement on the 500 Dinar Note but I don't believe he mentioned the 250 Dinar Notes.  I could be wrong, but I just wanted to run this by you to confirm that both the 500 and 250 Dinar notes have been reprinted to have the Kurdish language on them.  The Banknotenews website only shows the new 500 Dinar note but not the 250 Dinar Note.

I'm thinking that once the rate is reinstated, that both the new 250 and 500 Dinar notes will be made available to the citizens in exchange for the 5k, 10k and 25k notes that the citizens are hoarding.  This will help de-dollarize Iraq and to help remove the "000" notes from circulation until the actual "RV" can be performed.

Many thanks for your help !

DELTA: NO NEW 250 YET....... ONLY 500 .

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