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Parliamentary Finance: the current situation does not help to delete the zeros and the restructuring of the Iraqi currency
Ali Salman - 26/05/2012 PM - 7:50
Economic Buratha News
A member of the parliamentary finance committee, Najiba Najib Friday, in a press statement that "the project to delete the zeros and the restructuring of the currency made by the central bank depends on the extent of implementation of control and control of the Iraqi dinar exchange rate against the dollar."
Najib said that "the central bank and government in the event will allow them to take action and contribute to a new monetary policies to control prices of the Iraqi dinar against the dollar, they will be able to cancel the wait and start deleting the zeros and the restructuring of the currency."
She Najib that "the central bank is still working to control the lifting of the Iraqi dinar exchange rate against the dollar," afterthought by saying that "political and security situation and economic development at the present time does not help to delete the zeros and the restructuring of the Iraqi currency."
The Cabinet decided, in the middle of the month of April last, be patient in the application of the deletion of zeros from the national currency.
The Central Bank of Iraq began to modify the search categories dinar, last year, and is still a large part of the payments being in cash due to the evolution of the banking system.
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Ali Salman - 26/05/2012 PM - 7:50
Economic Buratha News
A member of the parliamentary finance committee, Najiba Najib Friday, in a press statement that "the project to delete the zeros and the restructuring of the currency made by the central bank depends on the extent of implementation of control and control of the Iraqi dinar exchange rate against the dollar."
Najib said that "the central bank and government in the event will allow them to take action and contribute to a new monetary policies to control prices of the Iraqi dinar against the dollar, they will be able to cancel the wait and start deleting the zeros and the restructuring of the currency."
She Najib that "the central bank is still working to control the lifting of the Iraqi dinar exchange rate against the dollar," afterthought by saying that "political and security situation and economic development at the present time does not help to delete the zeros and the restructuring of the Iraqi currency."
The Cabinet decided, in the middle of the month of April last, be patient in the application of the deletion of zeros from the national currency.
The Central Bank of Iraq began to modify the search categories dinar, last year, and is still a large part of the payments being in cash due to the evolution of the banking system.
[You must be registered and logged in to see this link.]
