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Economists talk about the effects of the new categories of printed currency


Bama Diva

Posts : 1556
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Join date : 2012-12-21
Location : Gulf Coast

Economists talk about the effects of the new categories of printed currency

Post by Bama Diva on Sun 24 May 2015, 4:47 pm

[ltr]Economists talk about the effects of the new categories of printed currency[/ltr]


[ltr]Baraa Afif[/ltr]
Vary the views of specialists in economic affairs about the new currency printed class 50 thousand and 100 thousand dinars in the local economy and business dealings effects.[/ltr]
In his interview with Radio Free Iraq, Economic Adviser to the Prime Minister the appearance of Mohammed Saleh explained that "large print currency category, will direct citizens to the use of the dinar instead of the dollar," he said, adding that "this will strengthen the payments system within the dinar against foreign currencies."[/ltr]
To see that a member of the parliamentary Finance Committee Jabbar Abdul Khaliq that "printed large sections of the currency will strengthen the system of payments of the coin," calling "the central bank a discussion with the Finance Committee in the House of Representatives on this project."
The economic lion expert Muhammad Ali has been described printed large sections of the local currency "prosthetic solutions that will work to weaken the Iraqi dinar in the market process, and burden the citizen" calling "the central bank to issue new categories Deleted zeros."[/ltr]
The parliamentary Finance Committee has asked the central bank to adopt the Kurdish language in printed new currency, note that the central emphasized that printed cash Category 50 thousand dinars will cost $ 60 if the international companies sober adopted in printing process.[/ltr]

    Current date/time is Tue 25 Oct 2016, 8:53 am