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Currency exchange operation for the time being tainted by a

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Currency exchange operation for the time being tainted by a

Unread postby Stillw8n » Sat Sep 24, 2011 9:14 am

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Currency exchange operation for the time being tainted by a lot of the big dilemmas
September 24th

The MP said Abdul-Hussein Resan on the mass of the Liberal and a member of a
committee of economy and investment parliamentary

“” The process of
replacing the currency for the time being marred by a lot of things big and if
we rely on the reasons why the Central Bank of any currency exchange we find
reasons not Mvenah if what we put in the part, the dangers that face this
process at the present time, where the central bank said the reasons the to
replace it will be an opportunity to add new features to work to prevent the
possibility of providing them.
He said to the reporter Agency Iraqi News
/ promise that the process of replacing the currency will lead to a reduction of
financial transactions and accounting, which will lead to reduce the time and
effort and cost and the crisis of financial transactions as well as providing
the dinar exchange rate against the currencies result gained the confidence of
clients, but from another point of view, we find that there are disagreements of
the largest and the most can not change the currency if the central bank turned
to it such as provision of supplies needed to change the currency Calcjlat cost
accounting and the new paper, which exceeded 10 cents or a total cost estimated
at one billion dollars and we desperately need this amount to put in the
electricity sector, or services.

“He stressed that” the central bank that
cares about the priorities of the problems raised Kaslah strengthening the
contribution of the banking and credit, let alone financial corruption and
improve the money that will accompany the process of replacing the currency and
the negative psychological impact this will have the replacement
process.


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