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Expert warns of economic (monetary inflation) affects the local market
04/10/2014
Baghdad / follow the Orient: - saw an economic expert peace Sumaisem the decision to the Iraqi Central Bank to replace the Iraqi currency is a good step, but it is an inflationary pressure in the tensile political taking place in Iraq at present and with the season approaching parliamentary elections. said in a press statement: "The trading currency New with no withdrawal of the old currency, would be a monetary inflation significantly in the local market. " She Sumaisem "The central bank issued a previously currency
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monetary metal after the change. , but it disappeared from circulation and the effect that some actors smuggled abroad to take advantage of mineral makeup in. " , pointing out that "the release monetary metal is a qualitative improvement whatsoever in circulation, but the important thing is the space in which to trading this currency."
It was the Iraqi Central Bank announced yesterday for re-printing the banknotes Iraqi pictures of new and superior protection, noting that "currency existing will continue circulating now. "
the bank said in a statement yesterday, "he re-print the new series of banknotes of Iraq and currently circulating pictures of new and superior protection, using a good quality of printing paper, with the inclusion of the two dates Hijri and Gregorian and the signing of the Governor of the Central Bank and the Agency Abdel Basset Turki Happy and add some signs of security. "
and noted that "the current banknotes will continue to be traded with the new will not be pulling rolling them currently or in the future."
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04/10/2014
Baghdad / follow the Orient: - saw an economic expert peace Sumaisem the decision to the Iraqi Central Bank to replace the Iraqi currency is a good step, but it is an inflationary pressure in the tensile political taking place in Iraq at present and with the season approaching parliamentary elections. said in a press statement: "The trading currency New with no withdrawal of the old currency, would be a monetary inflation significantly in the local market. " She Sumaisem "The central bank issued a previously currency
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monetary metal after the change. , but it disappeared from circulation and the effect that some actors smuggled abroad to take advantage of mineral makeup in. " , pointing out that "the release monetary metal is a qualitative improvement whatsoever in circulation, but the important thing is the space in which to trading this currency."
It was the Iraqi Central Bank announced yesterday for re-printing the banknotes Iraqi pictures of new and superior protection, noting that "currency existing will continue circulating now. "
the bank said in a statement yesterday, "he re-print the new series of banknotes of Iraq and currently circulating pictures of new and superior protection, using a good quality of printing paper, with the inclusion of the two dates Hijri and Gregorian and the signing of the Governor of the Central Bank and the Agency Abdel Basset Turki Happy and add some signs of security. "
and noted that "the current banknotes will continue to be traded with the new will not be pulling rolling them currently or in the future."
[You must be registered and logged in to see this link.]
