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Central bank: the project raise zeros from the currency is still deferred
03-07-2013 07:34 PM
Karbala (news) said the Central Bank of Iraq, that the project raise zeros from the currency is still postponed until further notice, indicating that the Bank's gold reserves has not been affected by changes in the global market. said Central Bank Governor Abdul Basit Turki in a press conference held this afternoon Wednesday on the sidelines of his visit to the city of Karbala for the opening of the House Financial Supervision, which was attended reporter Agency (news): The project raise zeros from the currency project is delayed due to the conditions experienced by the country, noting: that the bank is still studying with experts and specialists how to change the currency but its implementation depends on situation experienced by Iraq, and that deferred now. assured Turkish: that the reserve bank of gold is not affected by changes the global market because of the financial plan developed by the bank a few months ago to avoid such a disaster, noting that the gold reserves at the central bank will be supportive of a major Iraqi currency at any time and place . noteworthy that some economists believe that Iraq is not ready at the present time to delete the zeros from the Iraqi dinar, pointing out that the deletion needs to security and political stability as well as economic stability.
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03-07-2013 07:34 PM
Karbala (news) said the Central Bank of Iraq, that the project raise zeros from the currency is still postponed until further notice, indicating that the Bank's gold reserves has not been affected by changes in the global market. said Central Bank Governor Abdul Basit Turki in a press conference held this afternoon Wednesday on the sidelines of his visit to the city of Karbala for the opening of the House Financial Supervision, which was attended reporter Agency (news): The project raise zeros from the currency project is delayed due to the conditions experienced by the country, noting: that the bank is still studying with experts and specialists how to change the currency but its implementation depends on situation experienced by Iraq, and that deferred now. assured Turkish: that the reserve bank of gold is not affected by changes the global market because of the financial plan developed by the bank a few months ago to avoid such a disaster, noting that the gold reserves at the central bank will be supportive of a major Iraqi currency at any time and place . noteworthy that some economists believe that Iraq is not ready at the present time to delete the zeros from the Iraqi dinar, pointing out that the deletion needs to security and political stability as well as economic stability.
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