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Ugaili: raise zeros will not affect oil prices
December 24, 2014 17:26
[You must be registered and logged in to see this image.]MP Aziz Ugaili
Iraqi fields :: Ali al-Saadi
Confirmed to the Committee on Energy and Oil parliamentary member Aziz Ugaili that raise zeros from the Iraqi dinar will not affect the low oil prices, the fact that specific prices in US dollars.
Ugaili said in a press statement that the value of the Iraqi Oil prices are in dollars but the lifting of the zeroes will lead to an increase in commodity prices in the country.
Ugaili ruled that the lifting of the zeroes from the Iraqi currency will be in the coming period specifically in the next year in 2015
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