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The central bank of Iraq Tuesday, 30 - 8 - 2011 on the new Iraqi currency will increase by three zeros, indicating that he had conducted an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency, said the deputy governor of Central Bank of Iraq the appearance of Mohammed Salih in an interview with "Twilight News" "The Central Bank is determined to raise three zeroes from the currency of the new Iraqi and presented its project to the government and the House of Representatives and is awaiting the government's decision and the Council of Representatives," Saleh added that "the deletion of zeros enhance the value of the Iraqi currency and reduce the cost of handling cash and currency in its current estimated size of today Petrlionat dinars that make of the process of dealing with critical high cost (for the first link below) ...
The effects of announcement of the determination of the Iraqi Central Bank to the deletion of three zeros from the dinar reactions and a wide and varied with the economic and financial circles and popular in Iraq between supporters and opponents due to the fallout expected to move in the markets, especially as the zeros that were added to the currency a few years ago inflated the cash block is likely to occur chaos and confusion in the markets and banks in the absence of the conditions and capabilities required to implement such a decision, which aims to get rid of the enormous mass of paper traded and that led to problems in commercial transactions, banking, and in connection with the above said personal opinion of the following:
For the purpose of raising the price of the Iraqi dinar exchange economically and financially there is a range of measures and economic and fiscal measures can be taken in principle the way is long and arduous lead to positive economic results and the good are indicators of monetary and financial, commercial, political and security which is the size of cash reserves and the weight of foreign debt and the center of the trade balance and balance of payments and budget and the rate of inflation and the level of investment and the size of agricultural and industrial production and the intervention of the monetary authorities and security conditions and exchange rates of major currencies ...
The process of deletion of zeros from the Iraqi dinar will not address the economic crisis suffered by the economy of Iraq unilaterally, which depends on oil, mainly in the forefront of the low level of living standards and rampant financial and administrative corruption in most aspects of the state and the weakness of industrial and agricultural production as well as exacerbation of the phenomena of poverty, unemployment and migration in addition to the deteriorating situation security, poor services and lack of supply and biting freedoms, democracy and the digestion of women's rights and the rights and the continuation of the quota system and the absence of law and the starters of citizenship such difficult circumstances surrounding our people of Iraq in addition to the complexities of regional and international political, economic, security and social because you can not talk about the economy and a strong dinar recuperative without economic data and real financial and in accordance International economic indicators so you must work to achieve the economic equation that proved the validity of (the currency's strength derived from the strength of the economy) is not the number of units of foreign currency equivalents ...
In this aspect, there are many countries in the world omit zeros such as Sudan, delete the two zeros from the currency in 2007, Bolivia was deleted three zeros off its currency in 2008 and deleted from Romania and Iran, four zeros off its currency in 2005 and 2011, Turkey has off six zeros off its currency in 2005 and removed the state Zimbabwe in Africa ten zeros from the currency in 2008 but the value of the currency of these countries did not improve significantly, clear and index inflation was low because Altdhm was not the cause but the result is no longer for this deletion little benefit and the conclusion that the deletion of zeros from the Iraqi dinar is not much different from the experiences of these States that did not work to delete the zeros from their currency to revalue its currency or reduce inflation which ...
And delete the zeros unchanged if amended to change the colors and pictures of the currency or writing or any other add that all these processes do not lead to deterioration of the economic situation or to his recovery at all, sensitive except for the Iraqi government and the federal Parliament to get down to take steps to economic, financial, political and security effective on the ground back to the economy Iraq and the security of its durability and prestige and immunity in the proceedings of a serious and concrete and effective coordination with international organizations and bodies specialized and professional in the financial and economic terms that the issue of the deletion of zeros Triqiei and a reformer, a structural useless and does not address the concerns of the Iraqi economy, tired and suffering of the Iraqi people Elmejrouh of the difficulties and complexities of everyday life, which still bears the lean years of bitterly difficult ...
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The central bank of Iraq Tuesday, 30 - 8 - 2011 on the new Iraqi currency will increase by three zeros, indicating that he had conducted an extensive study concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency, said the deputy governor of Central Bank of Iraq the appearance of Mohammed Salih in an interview with "Twilight News" "The Central Bank is determined to raise three zeroes from the currency of the new Iraqi and presented its project to the government and the House of Representatives and is awaiting the government's decision and the Council of Representatives," Saleh added that "the deletion of zeros enhance the value of the Iraqi currency and reduce the cost of handling cash and currency in its current estimated size of today Petrlionat dinars that make of the process of dealing with critical high cost (for the first link below) ...
The effects of announcement of the determination of the Iraqi Central Bank to the deletion of three zeros from the dinar reactions and a wide and varied with the economic and financial circles and popular in Iraq between supporters and opponents due to the fallout expected to move in the markets, especially as the zeros that were added to the currency a few years ago inflated the cash block is likely to occur chaos and confusion in the markets and banks in the absence of the conditions and capabilities required to implement such a decision, which aims to get rid of the enormous mass of paper traded and that led to problems in commercial transactions, banking, and in connection with the above said personal opinion of the following:
For the purpose of raising the price of the Iraqi dinar exchange economically and financially there is a range of measures and economic and fiscal measures can be taken in principle the way is long and arduous lead to positive economic results and the good are indicators of monetary and financial, commercial, political and security which is the size of cash reserves and the weight of foreign debt and the center of the trade balance and balance of payments and budget and the rate of inflation and the level of investment and the size of agricultural and industrial production and the intervention of the monetary authorities and security conditions and exchange rates of major currencies ...
The process of deletion of zeros from the Iraqi dinar will not address the economic crisis suffered by the economy of Iraq unilaterally, which depends on oil, mainly in the forefront of the low level of living standards and rampant financial and administrative corruption in most aspects of the state and the weakness of industrial and agricultural production as well as exacerbation of the phenomena of poverty, unemployment and migration in addition to the deteriorating situation security, poor services and lack of supply and biting freedoms, democracy and the digestion of women's rights and the rights and the continuation of the quota system and the absence of law and the starters of citizenship such difficult circumstances surrounding our people of Iraq in addition to the complexities of regional and international political, economic, security and social because you can not talk about the economy and a strong dinar recuperative without economic data and real financial and in accordance International economic indicators so you must work to achieve the economic equation that proved the validity of (the currency's strength derived from the strength of the economy) is not the number of units of foreign currency equivalents ...
In this aspect, there are many countries in the world omit zeros such as Sudan, delete the two zeros from the currency in 2007, Bolivia was deleted three zeros off its currency in 2008 and deleted from Romania and Iran, four zeros off its currency in 2005 and 2011, Turkey has off six zeros off its currency in 2005 and removed the state Zimbabwe in Africa ten zeros from the currency in 2008 but the value of the currency of these countries did not improve significantly, clear and index inflation was low because Altdhm was not the cause but the result is no longer for this deletion little benefit and the conclusion that the deletion of zeros from the Iraqi dinar is not much different from the experiences of these States that did not work to delete the zeros from their currency to revalue its currency or reduce inflation which ...
And delete the zeros unchanged if amended to change the colors and pictures of the currency or writing or any other add that all these processes do not lead to deterioration of the economic situation or to his recovery at all, sensitive except for the Iraqi government and the federal Parliament to get down to take steps to economic, financial, political and security effective on the ground back to the economy Iraq and the security of its durability and prestige and immunity in the proceedings of a serious and concrete and effective coordination with international organizations and bodies specialized and professional in the financial and economic terms that the issue of the deletion of zeros Triqiei and a reformer, a structural useless and does not address the concerns of the Iraqi economy, tired and suffering of the Iraqi people Elmejrouh of the difficulties and complexities of everyday life, which still bears the lean years of bitterly difficult ...
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