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CBI retreating from the deletion of zeros and the issuance of a new currency
Ali Salman - 08.12.2013 AD - 11:12 | Said the Iraqi Central Bank, on Saturday, his inability to delete the zeros of the Iraqi currency, or add new banknotes, for fear of confusing the Iraqi market.
A source familiar with the management of the central bank, told the "world," Baghdadi, the "head of the central bank, and after consultation with the officials and advisers in the bank, decided to postpone any new process related to the currency monetary Iraq, including add categories and a new paper or delete the zeros."
The source said, "was to raise this issue in a session hosted by the Council of Ministers, during which the central bank head and talked about the obstacles that could affect the levels of the market and the Iraqi economy in general, considering that the Iraqi experience does not resemble the experiences of other countries."
He added, "the central bank is unable to control the foreign currency flowing into Iraq and some of them may be false because Iraq has become an open market and the money will be transferred by banking offices and remittances, and by people traveling to and from Iraq."
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Ali Salman - 08.12.2013 AD - 11:12 | Said the Iraqi Central Bank, on Saturday, his inability to delete the zeros of the Iraqi currency, or add new banknotes, for fear of confusing the Iraqi market.
A source familiar with the management of the central bank, told the "world," Baghdadi, the "head of the central bank, and after consultation with the officials and advisers in the bank, decided to postpone any new process related to the currency monetary Iraq, including add categories and a new paper or delete the zeros."
The source said, "was to raise this issue in a session hosted by the Council of Ministers, during which the central bank head and talked about the obstacles that could affect the levels of the market and the Iraqi economy in general, considering that the Iraqi experience does not resemble the experiences of other countries."
He added, "the central bank is unable to control the foreign currency flowing into Iraq and some of them may be false because Iraq has become an open market and the money will be transferred by banking offices and remittances, and by people traveling to and from Iraq."
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