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Alsumaria News / Baghdad
The Central Bank of Iraq, Tuesday, that the issuance of 50 thousand Iraqi dinars nothing to do with a class project to delete the zeros of the Iraqi currency, noting that Iraq's economic and social conditions that do not allow the implementation of this project.
The general director of the banking and credit in the bank and Walid Idi in an interview with the program "of 10 of 11," which aired "Alsumaria TV", that "printing new paper of class 50 000 dinars is not related to a project to delete the zeros of the Iraqi currency," adding that "the deletion zeros still delayed project. "
Idi said, that "the Economic and Social envelopes, which passes by the country does not allow the implementation of the project to delete the zeros."
A member of the Board of Directors of the Bank Ihsan al-Yasiri, Sunday (November 15, 2015) that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he pointed out that there is no link to the financial crisis with the new version.
The central bank announced (November 11, 2015) for issuing a new banknote category of 50 thousand dinars, attributing this to the completion of the Iraqi Securities monetary structure and the development of high value in the trading category.
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