Secretary Hadi: Dinar is more stable; Date for Deletion of Zeros Determined by CBI and GOI

Posted: August 31, 2013 in Iraqi Dinar/Politics
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12:45 31/08/2013

Amin Hadi: a more stable exchange rate and the date of the deletion of zeros related to the Central confirmed the parliamentary Finance Committee, on Saturday, that the exchange rate of the dinar against the dollar is more stable than the former, while the promised date of the deletion of zeros from the Iraqi currency “something relates to” the central bank and the federal government. 

A member of the Committee secretary Hadi said that “the central bank plan past distribution of hard currency to bank branches in the provinces, and therefore the Commission not reached any complaint in this regard.”

The secretary added that “the exchange rate of the dollar against the Iraqi dinar more stable than the former, which in turn will encourage investment and economic activity.”

Since the draft deletion of zeros between Amin that “the implementation of the project authorized to determine the schedule, which is related to the central bank and the government.”

He pointed out that “the project in which the pros and cons, but the positives of the project more than the disadvantages,” he said

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ALTERNATE TRANSLATION

12: 45 pm 2013-08-31
Secretary Hadi: a more stable exchange rate and date to delete the zeros on the Central Bank

the parliamentary Finance Committee said Saturday that the exchange rate of the dollar against the Iraqi dinar is more stable than before, as I returned when the deletion of zeros from the Iraqi currency “relate” to the Central Bank and the Federal Government.

The Committee Member said Secretary Hadi said the Central Bank continues to plan the distribution of hard currency on bank branches in the provinces, so the Committee has not received any complaints in this regard. ”

The Secretary added that “the exchange rate of the dollar against the Iraqi dinar is more stable than before, which in turn will encourage investment and economic activity.”

As regards draft delete zeros between the implementation of the project is to determine the schedule, which is on the Central Bank and the Government. ”

“The pros and cons of the project, but the project more than positives disadvantages,” he said.P/I

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