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The issuance of 50 thousand dinars category for Aadhar monetary policy
2015-05-23
Baghdad tomorrow
Said Prime Minister adviser appearance of Mohammed Saleh exists a class of 50,000 thousand dinars currency cash in Iraq as help the country to pay cash transactions more easily, ruling out the existence of a negative impact on the country's monetary policy.
Saleh said during his participation in the opening of offline spring certificate Festival place in Karbala, "said Bank CBI is responsible for the administration of payments Iraq and that the draft class of 50,000 thousand dinars is a project Old Matrouh since 2006 before the project to delete the zeros explaining that Iraq today need big currencies because the largest coin today exist are 25,000 class thousand dinars, and this class is not equivalent to only $ 21 and that the category of (50000) country will help in the payment of transactions and reduce the cost of money in circulation in the count, especially that large numbers accounted for 90% of the installation traded Iraq currency. "
He ruled adviser to Prime Minister and having a negative impact on the cash the country's politics by the presence of cash currency 50,000 dinars category, noting that the EU's monetary currency worth 500 euros is equivalent million Iraqi dinars.
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2015-05-23
Baghdad tomorrow
Said Prime Minister adviser appearance of Mohammed Saleh exists a class of 50,000 thousand dinars currency cash in Iraq as help the country to pay cash transactions more easily, ruling out the existence of a negative impact on the country's monetary policy.
Saleh said during his participation in the opening of offline spring certificate Festival place in Karbala, "said Bank CBI is responsible for the administration of payments Iraq and that the draft class of 50,000 thousand dinars is a project Old Matrouh since 2006 before the project to delete the zeros explaining that Iraq today need big currencies because the largest coin today exist are 25,000 class thousand dinars, and this class is not equivalent to only $ 21 and that the category of (50000) country will help in the payment of transactions and reduce the cost of money in circulation in the count, especially that large numbers accounted for 90% of the installation traded Iraq currency. "
He ruled adviser to Prime Minister and having a negative impact on the cash the country's politics by the presence of cash currency 50,000 dinars category, noting that the EU's monetary currency worth 500 euros is equivalent million Iraqi dinars.
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