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Thursday, March 1, 2012 08:28
Cheap calls to restructure the currency with the deletion of zeros
BAGHDAD / Baghdadiya News / .. Expert called to the economic restructuring of the Iraqi dinar currency in conjunction with the switch and delete the zeros of the categories of cash through the issuance of large Bokiem said it will raise the rates of circulation of the national currency and reduce inflation.
The economic expert as Anton told / Baghdadiya News / the need to "re-structuring of the local currency and its composition with the release of the new currency after deletion of zeros, through the issuance of classes of the Iraqi currency Bakiem great for reducing the burden of the number of banknotes of the currency which will lead to increased trading currency local, "explaining that" the absence of domestic production and dependence on imports is the reason for the large number of the dollar but there is another reason can not be underestimated is the lack of categories Bokiem large currency, citing his call for end of life inclusive of the coin current in the market after more than seven years ".
He said Anton Instead of printing new cards of the same coin current in the same costs will print a new currency are not subject to falsification specifications and modern techniques, noting that "the currency symbol sovereign countries but we have noticed that most of our dealings large are the dollar should limit the process of dollarization and the use of the Iraqi dinar and its complications, especially And if we know the existence of classes geared towards printing large as the 50-percent and two hundred, which makes you take a small number of papers, but the value of this large and important process in doing business.
Anton and that "nearly two billion and eight hundred and banknotes are traded in the market, a figure compared to a giant of a country such as Iraq, the number of pieces of paper Danarena probably equal to what exists in the United States and one of the reasons for this inflation."
And reduced Anton expectations raised real economic process to delete the zeros because GDP is the standard in the development of the country's economy and currency as a means and not an end it is a mirror of the economy when there is the result of a national currency be well-being of the economy is the U.S. despite raising the equivalent of gold, but its strength has continued it originates from the presence of economic activities is a giant dollar and the fact that the U.S. national income by about 14 trillion dollars. / Finished / agencies
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Cheap calls to restructure the currency with the deletion of zeros
BAGHDAD / Baghdadiya News / .. Expert called to the economic restructuring of the Iraqi dinar currency in conjunction with the switch and delete the zeros of the categories of cash through the issuance of large Bokiem said it will raise the rates of circulation of the national currency and reduce inflation.
The economic expert as Anton told / Baghdadiya News / the need to "re-structuring of the local currency and its composition with the release of the new currency after deletion of zeros, through the issuance of classes of the Iraqi currency Bakiem great for reducing the burden of the number of banknotes of the currency which will lead to increased trading currency local, "explaining that" the absence of domestic production and dependence on imports is the reason for the large number of the dollar but there is another reason can not be underestimated is the lack of categories Bokiem large currency, citing his call for end of life inclusive of the coin current in the market after more than seven years ".
He said Anton Instead of printing new cards of the same coin current in the same costs will print a new currency are not subject to falsification specifications and modern techniques, noting that "the currency symbol sovereign countries but we have noticed that most of our dealings large are the dollar should limit the process of dollarization and the use of the Iraqi dinar and its complications, especially And if we know the existence of classes geared towards printing large as the 50-percent and two hundred, which makes you take a small number of papers, but the value of this large and important process in doing business.
Anton and that "nearly two billion and eight hundred and banknotes are traded in the market, a figure compared to a giant of a country such as Iraq, the number of pieces of paper Danarena probably equal to what exists in the United States and one of the reasons for this inflation."
And reduced Anton expectations raised real economic process to delete the zeros because GDP is the standard in the development of the country's economy and currency as a means and not an end it is a mirror of the economy when there is the result of a national currency be well-being of the economy is the U.S. despite raising the equivalent of gold, but its strength has continued it originates from the presence of economic activities is a giant dollar and the fact that the U.S. national income by about 14 trillion dollars. / Finished / agencies
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