The return of the controversy regarding the deletion of zeros currency .. and application over five

rocky wrote:The return of the controversy regarding the deletion of zeros currency .. and application over five years



Was created on Sunday, October 1 / Okrudolf 26, 2014 03:02


With the introduction of new banknotes categories of 5000 and 25 thousand dinars

Baghdad Constitution

Returned debate on the subject of the deletion of zeros from the Iraqi currency after the central bank's announcement of its readiness to implement the project in 2015. Parliamentary Economic Committee, ruled out the application of the project early next year in 2015, while suggesting it had agreed with the Central Bank to implement the project over five years Almqublh.oukalt Committee member Nora Albjara The committee met with the Governor of the Central Bank and the Agency on the Keywords and looked him the most important issues related to the monetary policy of the country, including the project to delete the three zeroes from Alamlh.oadavc: The Governor of the Central Bank and the Agency confirmed that the project to delete the zeros ready technically and logistically awaiting the right time to apply , noting that it was supposed to be applied to the project since 2013 and until 2016, but the security conditions and the economic situation is stable led to identify the other two by the Central Bank to be applied starting from 2015 and up to a year 2020.ostbadt Albjara, the project application in next year and until 2016 and 2017, due to the lack of appropriate conditions for the application of such a project Kber.mn part, said a member of the parliamentary economic committee fulfillment Kazim, a fight that the Committee discussed with the Governor of the Central Bank of the process of replacing the currency and delete the zeros, and that the issue of deletion of deferred zeros because of what is going through Country of the conditions being not currently formatted, stressing that replacing the currency and initiate this will be the beginning of 2016 She added a fight that the bank reserve currency nearly $ 74 billion, double the money supply in circulation in the country, and this does not exist in the best countries in the world which is a good indicator reassures people Iraqi Operator selection that explained economist Jamil Antoine that the deletion of zeros from the currency is a currency revaluation structure, and to alleviate the large numeric calculations on the shoulders of Trustees of the Funds, and to mitigate the burden of accountants in counting the transfer numbers, pointing out that this is not the time to replace the currency, due to lack of the existence and economic security stability in Albulad.aly the other hand, said the CBI for near new banknotes put categories 5,000 and 25,000 thousand dinars markets, pointing out that these securities carry the technical characteristics and Alamnah.oukal Bank in a statement issued will be the introduction of new banknotes categories 5000 and 25000 thousand dinars on the market soon to trading a new security specifications and signs of high protection, in addition to the security of bookmarks in the above two categories of the current series.

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