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Parliamentary Finance Committee: the current year will see the start procedures for the deletion of zeros from the currency
April 18, 2013, 12:20 pm
Revealed the parliamentary finance committee, on Thursday, the central bank directly in the current year delete the zeros from the currency, indicating that the transaction will lead to the development of the international monetary and economic.
Said committee member Abdul Hussein al-Yasiri in an interview transferred reporter, "news agency Iraqis", that: "The central bank will begin this year procedures deleting three zeros from the local currency, which will lead to the development of cash transactions and international economic, having suffered Alamah of large waves of inflation and the decline in exchange rates ".
And that: "the local currency will cut four billion units to one billion units, which will make a smooth flow in the process of the transfer of local currency into the market," asserting that "the support of the Finance Committee to make changes to the local currency due to the economic importance of the country."
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April 18, 2013, 12:20 pm
Revealed the parliamentary finance committee, on Thursday, the central bank directly in the current year delete the zeros from the currency, indicating that the transaction will lead to the development of the international monetary and economic.
Said committee member Abdul Hussein al-Yasiri in an interview transferred reporter, "news agency Iraqis", that: "The central bank will begin this year procedures deleting three zeros from the local currency, which will lead to the development of cash transactions and international economic, having suffered Alamah of large waves of inflation and the decline in exchange rates ".
And that: "the local currency will cut four billion units to one billion units, which will make a smooth flow in the process of the transfer of local currency into the market," asserting that "the support of the Finance Committee to make changes to the local currency due to the economic importance of the country."
[You must be registered and logged in to see this link.]
