Parliamentary economy: the currency of the 50 thousand dinars will be issued soon and the postponement of the launch of the 100 thousand category

Parliamentary economy: the currency of the 50 thousand dinars will be issued soon and the postponement of the launch of the 100 thousand category





Published on: 9/9/2015, 18:43


Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani revealed on Wednesday, near the currency for the 50 thousand dinars launch in the markets, declaring "the postponement of the launch of the 100 thousand class".

Bolani said "the launch of the currency's decision came in consultation with the central bank and the province of any category of cash issue is considered as a kind of security and innovation in the labor market and monetary policy of the country."

He added that "Iraq is facing some challenges, but his position is not as dangerous as some believe, noting that" Iraq's a lot of capacity and fixed assets that it can cover any currency. "

Bolani referred to "coin near the 50 thousand dinars unlikely to launch at the same time 100 thousand dinars, the currency issue at this time."

It is said that the CBI is now dealing with a class [25] thousand Iraqi dinars at a time when the country is experiencing a financial crisis due to low oil prices, and warns some specialists that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies.


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Bolani said "the launch of the currency's decision came in consultation with the central bank and the province of any category of cash issue is considered as a kind of security and innovation in the labor market and monetary policy of the country."