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Who determines the deletion of zeros from the Iraqi currency?
Saturday 23 May 2015
It was the best time that could be the project to delete the zeros of the currency is implemented in 2012 because of the unstable political and economic climate and because of the high oil prices
Iraqi currency today is in need of support in order to rival the dollar At the present time are not across the deletion of zeros, but alternative ways possible that pursued by the central bank through which can support the dinar
The central bank found the plans in order to strengthen the dinar and stability of local currencies by printing large categories Kal50 thousand dinars and 100 thousand dinars
Qurtas News / Baghdad
It seems that the war with al Daash threw Bdilalha on the project to delete the zeros of the Iraqi local currency and the consequent economic and political conditions to be a project depends on the stability of these situations, however, the Central Bank of the idea of deletion of zeros is considering to resort to other solutions that n help strengthen and support Dinar.
He said the Parliamentary Finance Committee member Haitham al-Jubouri's "Qurtas News", "It was the best time that could be the project to delete the zeros of the currency is implemented in 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed State start deleting zeros currency, but in light of what Iraq is witnessing today of war with Daash gangs and terrorist political instability as well as lower global oil prices and the consequent economic crisis on the country's most prominent factors behind the wait is implementing a project to delete the zeros of the local currency. " .
Jubouri and that "the Iraqi currency today need support in order to rival the dollar At the present time are not across the deletion of zeros, but alternative ways possible that pursued by the central bank through which can support the dinar and strengthens and maintains its stability and not Ahtzazh against the dollar."
For financial expert Majid al-Khafaji, it confirms for "Qurtas News", that "the central bank would be unfortunate if they went to the deletion of zeros because of the current situation and the unstable Iraqi economy, the central calling to" increase revenue that will provide cash and foreign currency, which relieve the shoulders of the citizen. "
Said al-Khafaji, said the central bank can not by itself accomplish this project because it is a specialist technical matters and requires the project full support of the government and the House of Representatives, and not to put obstacles in front of the bank in order to be independent and free from any political or side effects possible that harm the interests of the country. "
It confirms the Governor of the Central Bank on the Keywords for "Qurtas News" that the project application to delete the zeros Matrouh the bank's management for years but its application depends on the stability of the country, indicating that the central bank found the plans in order to strengthen the dinar and stability through printed with groups of local currencies large Kal50 thousand dinars and 100 thousand dinars. "
Keywords and added that "the goal of putting such a large currency denominations is to deflate, and which will be issued effectively over the next few months," explaining that "the new currency comes as part of the international standards that can not visit."
He revealed Governor of the Central Bank of Iraq on the Keywords, in March 2015, giving the green light to direct the implementation of file deletion of zeros from the currency, and as he emphasized that the completion of administrative matters of this file will take two years, pointed out that "the bank began creating new currency models.
The Central Bank of Iraq confirmed, (in the February 2, 2015) that Iraq is in control of his money and safe from gold, in international banks, one of the acting out, denying the existence of frozen outside the control of the Iraqi administration funds ", and revealed that the bank's reserves will reach the 80 billion dollars end of this year.
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Saturday 23 May 2015
It was the best time that could be the project to delete the zeros of the currency is implemented in 2012 because of the unstable political and economic climate and because of the high oil prices
Iraqi currency today is in need of support in order to rival the dollar At the present time are not across the deletion of zeros, but alternative ways possible that pursued by the central bank through which can support the dinar
The central bank found the plans in order to strengthen the dinar and stability of local currencies by printing large categories Kal50 thousand dinars and 100 thousand dinars
Qurtas News / Baghdad
It seems that the war with al Daash threw Bdilalha on the project to delete the zeros of the Iraqi local currency and the consequent economic and political conditions to be a project depends on the stability of these situations, however, the Central Bank of the idea of deletion of zeros is considering to resort to other solutions that n help strengthen and support Dinar.
He said the Parliamentary Finance Committee member Haitham al-Jubouri's "Qurtas News", "It was the best time that could be the project to delete the zeros of the currency is implemented in 2012 because of the unstable political and economic climate and because of the high oil prices, as well as financial abundance at the time that allowed State start deleting zeros currency, but in light of what Iraq is witnessing today of war with Daash gangs and terrorist political instability as well as lower global oil prices and the consequent economic crisis on the country's most prominent factors behind the wait is implementing a project to delete the zeros of the local currency. " .
Jubouri and that "the Iraqi currency today need support in order to rival the dollar At the present time are not across the deletion of zeros, but alternative ways possible that pursued by the central bank through which can support the dinar and strengthens and maintains its stability and not Ahtzazh against the dollar."
For financial expert Majid al-Khafaji, it confirms for "Qurtas News", that "the central bank would be unfortunate if they went to the deletion of zeros because of the current situation and the unstable Iraqi economy, the central calling to" increase revenue that will provide cash and foreign currency, which relieve the shoulders of the citizen. "
Said al-Khafaji, said the central bank can not by itself accomplish this project because it is a specialist technical matters and requires the project full support of the government and the House of Representatives, and not to put obstacles in front of the bank in order to be independent and free from any political or side effects possible that harm the interests of the country. "
It confirms the Governor of the Central Bank on the Keywords for "Qurtas News" that the project application to delete the zeros Matrouh the bank's management for years but its application depends on the stability of the country, indicating that the central bank found the plans in order to strengthen the dinar and stability through printed with groups of local currencies large Kal50 thousand dinars and 100 thousand dinars. "
Keywords and added that "the goal of putting such a large currency denominations is to deflate, and which will be issued effectively over the next few months," explaining that "the new currency comes as part of the international standards that can not visit."
He revealed Governor of the Central Bank of Iraq on the Keywords, in March 2015, giving the green light to direct the implementation of file deletion of zeros from the currency, and as he emphasized that the completion of administrative matters of this file will take two years, pointed out that "the bank began creating new currency models.
The Central Bank of Iraq confirmed, (in the February 2, 2015) that Iraq is in control of his money and safe from gold, in international banks, one of the acting out, denying the existence of frozen outside the control of the Iraqi administration funds ", and revealed that the bank's reserves will reach the 80 billion dollars end of this year.
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