12:03:20 / 03/2012
The sources indicated in a press statement that “the central bank introduced a draft law to delete the zeros to the Chairman of the House of Representatives Osama Najafi, and ensure that everything about this great project which will start work by the process of offering the new currency for circulation early next year, and will continue to drive the replacement of three years.
“The House of Representatives has no objections to the project except the subject of graphics that will come within the designs, adding there are those favored by nature and one favored by Islamic history, stressing that the initial indications stating that everyone agreed on the historic monuments in Iraq.
He was vice president of the Central Bank of Iraq the appearance of Mohammed Saleh, said in a statement to “Khandan”: that put Iraq’s new currency will be in (01/01/2013) and will be in both Arabic and Kurdish with the deletion of the first three zeros from the currency current, indicating the following: that the budget of the federal financial of Iraq will be traded during the ninth month of the current year and recognizes in the New Year according to the new currency of the two languages.
Saleh explained: The installation of the current currency led to inflation in the Iraqi market and has become inadequate with the financial situation now, the lack of large groups and small to cover the trading them, noting that all the countries of the world that emerged from conflict or hit by the deterioration in the currency of the GATT to modify its currency.
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