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Parliamentary Finance: strengthening of the dinar currency to print large Dif-Source)
5/18/15
Parliamentary Finance: strengthening of the dinar currency to print large Parliamentary Finance Committee announced, Monday, that the central bank in the process of strengthening of the dinar by printing large local financial currencies. He said committee member Majda al-Tamimi said "the reasons for the weakness of the Iraqi dinar against the dollar due to the size of the money supply and the difference great price," pointing out that "the past few years there has been a project to strengthen the dinar and repaired by deleting three zeros from the Iraqi currency but has been postponed." She explained that "the project could not be applied at the present time because of the economic, political and security situation that the country is living, what gives the possibility of negative things achieved reflected on the financial and economic situation." Tamimi stressed that "the most appropriate solutions for the time being to strengthen the dinar is printed through a great local currencies Kvita the (50 100 A), under which possible that the closer the money supply and make it relative to the dollar."
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5/18/15
Parliamentary Finance: strengthening of the dinar currency to print large Parliamentary Finance Committee announced, Monday, that the central bank in the process of strengthening of the dinar by printing large local financial currencies. He said committee member Majda al-Tamimi said "the reasons for the weakness of the Iraqi dinar against the dollar due to the size of the money supply and the difference great price," pointing out that "the past few years there has been a project to strengthen the dinar and repaired by deleting three zeros from the Iraqi currency but has been postponed." She explained that "the project could not be applied at the present time because of the economic, political and security situation that the country is living, what gives the possibility of negative things achieved reflected on the financial and economic situation." Tamimi stressed that "the most appropriate solutions for the time being to strengthen the dinar is printed through a great local currencies Kvita the (50 100 A), under which possible that the closer the money supply and make it relative to the dollar."
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