Scientific symposium at the University of Baghdad for the deletion of zeros from the Iraqi currency

Scientific symposium at the University of Baghdad for the deletion of zeros from the Iraqi currency

Tuesday June 26, 2012

BAGHDAD - and babysit - Institute of Higher Studies for financial and accounting at the University of Baghdad, a scientific symposium for specialty delete the zeros of the Iraqi currency with a number of researchers and specialists in the economic and fiscal policy in Iraq.

A statement by the Ministry of Higher Education and Scientific Research: "The seminar, titled (delete zeros and its impact on the Iraqi dinar exchange rate) included the dumping of four lectures on monetary policy and the deletion of zeros and the exchange rate in the Iraqi economy.

He added: "The deputy governor of the Central Bank of the appearance of Mohammed Saleh said in his lecture, titled (monetary policy and the deletion of zeros) that the new change will not affect the entry of citizens or their wealth or contractual obligations to them, but it will contribute to the cancellation (dollarization) the large amounts of transactions banking.

The statement continued: "The lecture was about the other three / exchange rate fluctuations causes, consequences and treatments and / / Why raise the zeros and / / delete the zeros of the Iraqi dinar.

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Another article (tyvm Bob at DA):

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"...the deletion of three zeros that is to say a thousand dinars become one Dinar each, but to maintain the purchasing power,..."

Good to see the symposiums are still going on!