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11-26-2011- Med

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11-26-2011- Med

Unread postby Vixen » Sat Nov 26, 2011 9:51 am

11-26-2011-Med FIRST THE NEWS LEAKED ABOUT A LARGE DENOM WORTH X AMOUNT, WHAT THIS WAS WAS AN EXPLANATION THAT IT IS NOT A 50K NOTE BUT THAT ONE OF THE NEW DENOMS WILL BE A 50D AND IT WILL BE WORTH THE CURRENT EQUIVALENT OF 50,000 DINAR TOTAL. IF THEY HAD ONLY DISCUSSED A NEW 20K NOTE OR 100K NOTE, THEN THEY WOULD HAVE ONLY ADDRESSED THAT, THAT THE NEW NOTES WILL EQUAL THIS AMOUNT BASED ON CURRENT RATE. ALL IT IS IS THE REMOVAL OF ZERO'S FROM THE NOMINAL VALUE, NOTHING MORE. THEY GAVE OUT THE NEW RATE OF EXCHANGE BUT DIDNT GO INTO THAT IT WOULD BE THIS RATE FOR EVERY NEW DENOM WHICH IS A GIMME. WHAT THEY DID WAS EXPLAIN THERE IS NO MORE LARGE DENOMS BEING PRINTED BUT THE NEW SMALLER ONES WILL HAVE A HIGHER VALUE AS IF YOU HAD CARRIED A LARGE ONE.
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