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Print large currency to strengthen the Iraqi dinar
05/18/2015
Parliamentary Finance Committee announced, Monday, that the central bank in the process of strengthening of the dinar by printing large local financial currencies. Said committee member Majda al-Tamimi, "that" 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 years there was a project to strengthen the dinar and repaired by deleting three zeros from the Iraqi currency but has been postponed. "She explained "The project can not be implemented at this time because of the economic, political and security situation that the country is living, what gives the probability to achieve negative things reflected on the financial and economic situation." confirmed Tamimi that "the most appropriate solutions for the time being to strengthen the dinar is through a large local currencies printed Kvita The (50 100 A), under which almost possible that the money supply and make it relative to the dollar. "
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05/18/2015
Parliamentary Finance Committee announced, Monday, that the central bank in the process of strengthening of the dinar by printing large local financial currencies. Said committee member Majda al-Tamimi, "that" 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 years there was a project to strengthen the dinar and repaired by deleting three zeros from the Iraqi currency but has been postponed. "She explained "The project can not be implemented at this time because of the economic, political and security situation that the country is living, what gives the probability to achieve negative things reflected on the financial and economic situation." confirmed Tamimi that "the most appropriate solutions for the time being to strengthen the dinar is through a large local currencies printed Kvita The (50 100 A), under which almost possible that the money supply and make it relative to the dollar. "
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