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Not suitable for the deletion of zeros from the Iraqi dinar due to rising inflation

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Not suitable for the deletion of zeros from the Iraqi dinar due to rising inflation

Unread postby admin » Sun Aug 25, 2013 9:22 am

Appendix: the time is not suitable for the deletion of zeros from the Iraqi dinar due to rising inflation

25-08-2013 11:52 AM

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Baghdad (news) .. He competent economic affairs as Abdul Hadi, the time was not suitable for the project to delete the zeros from the currency because of high rates of inflation in Iraq. said Abdul Hadi (of the Agency news): The central bank determines the time for the process to delete the zeros and that need to be determinants and data deal with the bank high level of transparency. said: that the time is not suitable for the process of deletion of zeros, because the process of inflation continues to rise in Iraq, despite that these percentages are not large, indicating that the deletion process needed to stabilize the Iraqi dinar currency in order to facilitate the citizen. noted that the Economic Commission Parliamentary suggested that the date of implementation of the project to delete the three zeroes from the currency at the beginning of next year. / End

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