Central Bank behind delay in deleting of zeros (2 articles)

Posted: July 6, 2013 in Iraqi Dinar/Politics

Screen Shot 2013-02-16 at 12.22.47 PM2 articles below

06-07-2013 11:52 AM

Baghdad (newsletter). The parliamentary Finance Committee member MP//abdulhussein Al-yasiri, the CBI to delete project zeros of the Iraqi currency, being ineligible to apply.

He said Al-yasiri told (News Agency): I am in favour of the supporters of deletion of zeros, and the Central Bank had confirmed that year (2013) are critical to raise zeros, adding: but the Bank says we are not qualified to present, to implement the project.

Explained: that the deletion of zeros has a rollover on the country, which will reduce the money supply, and contributes to the Iraqi currency be like other currencies, and accelerates treated Iraqi currency and reduce counterfeiting Iraqi currency, that the new currency would gain better than current technology.

Some economists believe that Iraq is now prepared to delete the zeros of the dinar, stating that deletion requires political and security stability alongside economic stability

http://bit.ly/12ackQs

===

13:25 07/06/2013
Finance parliamentary: the central bank behind the postponement of the project to delete the zeros

Baghdad – and babysit – A member of the parliamentary Finance Committee Abdul Hussein al-Yasiri, the Central Bank of Iraq in order to work a project to delete the zeros from the Iraqi currency, because he is not eligible to apply.

Yasiri said in a press statement I am a supporter of the project to delete the zeros, the central bank was confirmed that year (2013) is critical to the lifting of the zeroes.

He explained: to delete the zeros him Fouad on the country, which will reduce the money supply, and accelerates from dealing in Iraqi currency, as it will reduce the counterfeiting process, because the new currency will gain Takina better than the current

http://bit.ly/18DMuIq

Advertisements

Comments are closed.