Central Bank: We plan to restructure the Iraqi currency

by **Rocky** Mon 24 Sep 2018, 5:52 pm

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Central Bank: We plan to restructure the Iraqi currency

by Rocky Mon 24 Sep 2018, 5:52 pm

Central Bank: We plan to restructure the Iraqi currency

Updated 17/09/2018 1:22 pm

Baghdad / Dinar / .. Revealed the central bank governor on the existence of a future plan to restructure the Iraqi currency, including the deletion of zeros, while noting that the bank currently defends the issue of the currency of the category of 100 thousand dinars.

The governor of the Central Bank Ali Al-Alak in an interview with the newspaper Al-Sabah and looked at by the agency, "Dinar / Economic: The idea of putting the currency of the category of 100 thousand dinars traded by the Central Bank, but at the moment to delay them, indicating that there is a tendency in some countries to reduce the currency categories so as not to To be stored or falsified. "

He added that the currencies with small categories, may lead the citizen to bid farewell to banks for the difficulty of storage, "revealing that" the central bank has a future plan to restructure the Iraqi currency, including the deletion of zeros, but this plan needs to deliberate steps, and a stable situation fully so as not to Exploiting this in acts of forgery and others. " End quote 22 /

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