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Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

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wciappetta
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Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by wciappetta on Tue 05 May 2015, 7:04 am

Title says it all ... It's being misunderstood... such a note if it were real would only increase the volume of dinar in the market unless you remove all the 5000, 10000 and 25000 ...You get my point.

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 Since 05.05.2015 at 10:41 (GMT Baghdad)
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BAGHDAD - scales News
He confirmed in the parliamentary finance committee member, Tuesday, that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies.
A member of the committee MP Sarhan Ahmed Sarhan in a statement to / scales News /: "The issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling ".
Ahmed added that "the Finance Committee met a few days ago with officials in the Iraqi Central Bank did not raise the question of pumping currency of 50 thousand dinars category and was the subject put on the market right it will affect a significant impact on the Iraqi economy because the Iraqi currency adequate and plentiful more scheduled to lead to inflation ".
He pointed out that the disparity in global oil prices in the last period of the impact without doubt in the financial and economic situation of Iraq .
The Central Bank of Iraq has announced finalize coin category 50 000 dinars for the placing on the market 0.29 - 3 / h  


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wciappetta
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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by wciappetta on Tue 05 May 2015, 7:41 am

If you were to introduce such a note, the argument then becomes how are you supporting the value of the dinar since at this time you are only using currency reserves to back it?


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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by notazbad2000 on Tue 05 May 2015, 8:11 am

Nothing is ever really simple now is it?

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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by wciappetta on Tue 05 May 2015, 8:34 am

Well I think it's really suggesting a lower note[s] of higher value and I'd be very surprised if it was anything other than that....


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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by notazbad2000 on Tue 05 May 2015, 8:56 am

This wait seems to be coming to an end!

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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by weslin3 on Tue 05 May 2015, 10:20 am

Like both of your thinking.... drunk
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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Post by Neno on Tue 05 May 2015, 3:06 pm

Will be used for international trading transactions if, they have the zeros on the end which is what I have said I expected. If they don't, then even better. Even if they do, just leading up to the removal of the large notes 1000 -25000..


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Re: Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

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