11-20-2013 Newshound Guru Tlar
11-20-2013 Newshound Guru Tlar The CBI all along when discussing the deletion of the
zeros has stated that both currencies would be in circulation for an expected
two years. By this they meant that to pass out the new
currency and collect the old currency would take by their estimates about two
years. If they float the currency at 1166 there would be no people
removing their hidden currency from under the mattresses ...which means there
would be no rush to the banks in Iraq, no infusion of capital for to the banks and no visible
amount of new accounts being opened. All of these were said by Shabibi to
be benefits they had hoped to achieve. [post 1 of 2....stay tuned]