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Finance Committee calls for the study of the process of replacing the currency to reduce the volatility in the market
05/12/2012
BAGHDAD / JD / .. called a member of the parliamentary finance committee and the representative of the National Alliance, Haitham al-Jubouri to apply the process of replacing the currency properly to reduce the volatility caused. Jubouri said L / JD / "The replacement of the currency reduces the volatility of the current Iraqi dinar and the dollar if carefully studied and applied the correct steps." He explained, "The increasing demand for hard currency was due to the currency is characterized by its small size and high purchasing value, and therefore resort to the Iraqi traders Dnanarh converted into dollars." And between Jubouri "The switch of the Iraqi dinar in hard currency caused great pressure on the dollar and contributed to Ptzbzbh which confused the market at the present time." He was a member of the parliamentary finance committee and the representative of the National Alliance for optimistic "the process of deletion of zeros from the dinar. The government had asked to wait in the process of replacing the currency, which was hoped to launch soon. / Finished
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