Raising zeros from the Iraqi currency strengthens and raises the value of dinar, says economic committee member

Posted: November 17, 2013 in Iraqi Dinar/Politics
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11/17/2013 11:35
Tomorrow Press / Baghdad: Take member of the Parliamentary Economic Commission MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015.

Salman said “tomorrow’s Press,” that “there are countries engaged in the process of lifting the zeros and achieved success on the economic side,” adding that “raise the value of the zeros from the Iraqi currency raises the value of the dinar and makes it the most heavily traded in and outside Iraq.”

He added that “this process will be completed during 2015 after the completion of the proceedings and consensus between the blocks on the subject.”

And experts in the field say that the process of economic raise zeros from the Iraqi currency lead to increased confidence in the currency reinforces the demand for and the result leads to improve the status of the Iraqi dinar, which raises its market value.

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