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Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Finance parliamentary calls for the central bank's decision to wait to issue currency category (50)

rocky
rocky
NNP TEAM
NNP TEAM

Posts : 189376
Join date : 2012-12-21

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Post by rocky on Tue 26 Nov 2013, 3:59 am

Finance parliamentary calls for the central bank's decision to wait to issue currency category (50) thousand dinars

26-11-2013 10:25 AM

Baghdad (news) .. Called the parliamentary Finance Committee, the central bank's decision to wait to issue a class of Iraqi currency (50) thousand dinars, stressing the importance of issuing coins of small denominations to support the balance of exchange in the country.

Said committee member Rep. Dler capable (of the Agency news): He was the first central bank to consult with the government and parliament before making a decision to issue a class of Iraqi currency (50) thousand dinars and categories of small metal.

He added that the country does not need to print large-sized coins (50) thousand dinars, but the local market in dire need of currency in small denominations, calling on the central bank to wait for the decision he might disrupt the Iraqi economy and the local market.

He pointed out: that the volume of Iraqi money in circulation in the country amounting to 33 trillion dinars, so the central bank shows that the process of release of proportion to the size of the money, to avoid the possibility of rising inflation in the country.

The central bank announced its intention to issue currency category (50) thousand dinars and categories of small metal early next year. / End / 8.'s. M /

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Wayne Irby
Wayne Irby
Cain't Let Go Investor
Cain't Let Go Investor

Posts : 358
Join date : 2012-12-27
Age : 64
Location : back in N.Ga.!

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Post by Wayne Irby on Tue 26 Nov 2013, 6:02 am

Thanks Rocky!, I hope they go ahead with this plan "Early Next Year!"
Neno
Neno
Admin
Admin

Posts : 10867
Join date : 2012-12-17
Age : 56
Location : Lone Star State

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Post by Neno on Tue 26 Nov 2013, 10:52 am

Budget.... ;)
slj9999
slj9999
Understood Investor
Understood Investor

Posts : 137
Join date : 2012-12-19
Location : California

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Post by slj9999 on Tue 26 Nov 2013, 3:40 pm

 stressing the importance of issuing coins of small denominations to support the balance of exchange in the country.
Does this mean what I think it means? Small denominations means RV!

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