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Ask a 50 thousand dinars category will increase inflation
05/05/2015 07:23 PM
confirmed in the parliamentary finance committee member may issue more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies. A member of the committee MP Ahmad Sarhan Sarhan said that "the issuance of more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling." Ahmed added that "the Finance Committee met a few days ago with officials in the Iraqi Central Bank did not raise the question of pumping 50 thousand dinars category and that was the subject raised in the right market, it will affect a significant impact on the Iraqi economy because the Iraqi denominations enough and plentiful more scheduled to lead to inflation ". He pointed out that the disparity in global oil prices in the last period of the impact without doubt in the financial and economic situation of Iraq. The Central Bank of Iraq announced the final touches to put banknotes category 50 000 dinars in the markets.
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05/05/2015 07:23 PM
confirmed in the parliamentary finance committee member may issue more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies. A member of the committee MP Ahmad Sarhan Sarhan said that "the issuance of more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling." Ahmed added that "the Finance Committee met a few days ago with officials in the Iraqi Central Bank did not raise the question of pumping 50 thousand dinars category and that was the subject raised in the right market, it will affect a significant impact on the Iraqi economy because the Iraqi denominations enough and plentiful more scheduled to lead to inflation ". He pointed out that the disparity in global oil prices in the last period of the impact without doubt in the financial and economic situation of Iraq. The Central Bank of Iraq announced the final touches to put banknotes category 50 000 dinars in the markets.
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