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*****Central Bank of his intention to deny the issuance of currency in 50 thousand dinars***** (What's the truth...inquiring minds want to know!)
Date: Monday, 11/21/2011 15:23
Source: the new currency will contain 12 categories, including coins
of Baghdad _ Ahmed Nasir
denied a source in the Iraqi Central Bank Matnaqlth some sites Alketronah about the government's intention to issue currency, an Iraqi-class (50) thousand dinars
, said the source who preferred anonymity in an interview for (Citizen) that "the Iraqi currency is currently in the process of switching after lifting the three zeroes, and it is not possible to issue a new currency at the present time," adding, "There was intent in the past to issue the currency of a large class to facilitate the deal, but the idea of lifting the zeros replaced this idea and the intention of the Bank CBI to issue the currency of a new category, "stressing that" the plans on the new version after the lifting of zeros take into account the issue of balance and the actual need for the trading currency (Cache), where there will be no less than 12 categories, including a number of categories of mineral in addition to the paper, and certainly last category will contain the currency to the smooth transactions as is the case in all countries of the world "
and a date for the work process of raising the yolk between the "central bank ended a prepared full plans for change was submitted to the concerned authorities note that the issue of changing the currency was assigned to the Central Bank by the government which he is not a proposal or project adopted by the Bank and of course, the decision to schedule the operation will be the prerogative of the party that adopts the project of any government "
has indicated some of the news sites about the intention of the Iraqi Central Bank issued new Iraqi dinar from the class (50) thousand dinars and said Vice Chairman of the Central Bank of the appearance of Dr. Saleh told the Kurdish news agency (Rn) that "the Iraqi Central Bank is working to issue a new currency, a large class (50) thousand dinars due to the lack of coins significant in the country." Saleh pointed out that "the largest currency in the country is currently the (25) thousand dinars and the purchasing power it does not exceed $ 23. " Saleh added that "the central bank is also working on issuing coins of small non-existence of these groups that facilitate the process of dealing and purchase between the citizen and Iraqi markets that need to return to the currency with small metal had some dealings with the Central Bank. " Salih stressed that "the new currency will be in the Kurdish language in addition to Arabic and symbols reflect the civilization of Iraq and the diversity of sects and his or her own civilization including Kurdish." stressed the benefit that "Iraq needs to support its economy and its currency by issuing coins large similar to the foreign currency, including $ 100 bills. " Saleh added that "in the cash transactions in the Iraqi market, you need to finance cash (cash) large and therefore difficult to transfer the money in the form of bags in the event of trading large." and warned that "the Iraqi banks do not accept deposits, sometimes due to problems in number and the account of the large amounts of money. " increased in favor of the earlier Iraq was seeking to reduce the cash block (cache) of 25 trillion dinars to 15 billion dinars. "noting that" the central bank fixes the payments system in Iraq and the policy of the monetary authority. " Saleh pointed out that "it will soon be through the issuance of new currency and the elimination of three zeros from the new currency." Salih stressed that "this action is an important part of the reform of currency management and will facilitate the payments system and the elimination of the vestiges of inflation, the former through handle the mass of a powerful and easy cash, "adding that" instead of have to deal with large amounts of money to buy a small quantity of goods, we will deal small amounts of money to buy a large quantity of goods. "
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Date: Monday, 11/21/2011 15:23
Source: the new currency will contain 12 categories, including coins
of Baghdad _ Ahmed Nasir
denied a source in the Iraqi Central Bank Matnaqlth some sites Alketronah about the government's intention to issue currency, an Iraqi-class (50) thousand dinars
, said the source who preferred anonymity in an interview for (Citizen) that "the Iraqi currency is currently in the process of switching after lifting the three zeroes, and it is not possible to issue a new currency at the present time," adding, "There was intent in the past to issue the currency of a large class to facilitate the deal, but the idea of lifting the zeros replaced this idea and the intention of the Bank CBI to issue the currency of a new category, "stressing that" the plans on the new version after the lifting of zeros take into account the issue of balance and the actual need for the trading currency (Cache), where there will be no less than 12 categories, including a number of categories of mineral in addition to the paper, and certainly last category will contain the currency to the smooth transactions as is the case in all countries of the world "
and a date for the work process of raising the yolk between the "central bank ended a prepared full plans for change was submitted to the concerned authorities note that the issue of changing the currency was assigned to the Central Bank by the government which he is not a proposal or project adopted by the Bank and of course, the decision to schedule the operation will be the prerogative of the party that adopts the project of any government "
has indicated some of the news sites about the intention of the Iraqi Central Bank issued new Iraqi dinar from the class (50) thousand dinars and said Vice Chairman of the Central Bank of the appearance of Dr. Saleh told the Kurdish news agency (Rn) that "the Iraqi Central Bank is working to issue a new currency, a large class (50) thousand dinars due to the lack of coins significant in the country." Saleh pointed out that "the largest currency in the country is currently the (25) thousand dinars and the purchasing power it does not exceed $ 23. " Saleh added that "the central bank is also working on issuing coins of small non-existence of these groups that facilitate the process of dealing and purchase between the citizen and Iraqi markets that need to return to the currency with small metal had some dealings with the Central Bank. " Salih stressed that "the new currency will be in the Kurdish language in addition to Arabic and symbols reflect the civilization of Iraq and the diversity of sects and his or her own civilization including Kurdish." stressed the benefit that "Iraq needs to support its economy and its currency by issuing coins large similar to the foreign currency, including $ 100 bills. " Saleh added that "in the cash transactions in the Iraqi market, you need to finance cash (cash) large and therefore difficult to transfer the money in the form of bags in the event of trading large." and warned that "the Iraqi banks do not accept deposits, sometimes due to problems in number and the account of the large amounts of money. " increased in favor of the earlier Iraq was seeking to reduce the cash block (cache) of 25 trillion dinars to 15 billion dinars. "noting that" the central bank fixes the payments system in Iraq and the policy of the monetary authority. " Saleh pointed out that "it will soon be through the issuance of new currency and the elimination of three zeros from the new currency." Salih stressed that "this action is an important part of the reform of currency management and will facilitate the payments system and the elimination of the vestiges of inflation, the former through handle the mass of a powerful and easy cash, "adding that" instead of have to deal with large amounts of money to buy a small quantity of goods, we will deal small amounts of money to buy a large quantity of goods. "
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