Parliamentary Integrity calls for a new currency from the central categories of the introduction of 100 000 and 250 000 dinars (2 articles)

Parliamentary Integrity calls for a new currency from the central categories of the introduction of 100 000 and 250 000 dinars



11/18/2015

Baghdad - INA / student chairman of the parliamentary integrity, Talal Zobaie, the introduction of new categories of Iraqi paper currency, from 100 250 thousand categories, winning for the elimination of inflation in the Iraqi market.

He said in a statement, received "official Iraqi News Agency", that "in order to make financial and economic reform in the financial system and overcoming inflation in the Iraqi issue commercial market must be the development of a 100 000 coin and 250-thousand."

He added that "for this procedure has positive features which will reduce the printing small groups on the one hand and reduce the financial costs of ink and paper on the one hand Akhari as it would ease the burden quotient in the process of checking the currency."

Zobaie and pointed out that "these reforms will appear clearly in the coming period if accompanied by reform of the economic system in general process."

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After 50 Alpha class .. Central Bank will present currency 100 000 Iraqi dinars




Tue, 17 Join Date: Nov 2015

The parliamentary finance committee revealed on Tuesday that the Central Bank of Iraq in connection with the introduction of new process 100 000 dinars category, noting that "the two categories of 50 100 thousand dinars, contain 13 feature, and that the possibility of fraud impossible.

He said the Commission's decision Ahmed Haji Rashid, in a press statement, "After our meeting with the Central Bank of Iraq, we saw many of the new information on Currencies new categories of 50 100 thousand dinars," In this year, will offer 50 class thousand dinars and in the next year will go category 100 000 dinars to the market. "

Rashid said, "in the near future will be put towards the 5 trillion dinars from the category of 50 000 dinars for trading".

And about the cost and the characteristics of these two new currencies, Haji Rashid Ahmed said, "Every one of these two currencies cost approximately about 6 cents, were printed by a German company, and has 13 feature, which makes the possibility of fraud where the impossible."

The Central Bank of Iraq, announced Wednesday in November 2015 11 for issuing a new banknote fifty thousand Dinars category, in order to complete the structure of the Iraqi currency notes and put a high value on the trading category.



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