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Changing of the currency or the need to delete the zeros sho

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Changing of the currency or the need to delete the zeros sho

Unread postby Stillw8n » Mon Nov 21, 2011 10:11 am

Changing of the currency or the need to delete the zeros should be a law of the House of Representatives

BAGHDAD (Iba) … A member of the House of Representatives for the coalition of state law, Abdul-Hussein al-Yasiri The change of currency, or delete the zeros need to be the law of the House of Representatives, especially in the announcement by the Iraqi Central Bank said that in 2013 would be appropriate to delete the zeros.

He Yasiri told the independent press (Iba) The Central Bank set up in 2013 to implement his plan to delete the zeros from the currency in order not to damage the Iraqi economy and citizens, if implemented during the current period and we hope to meet the bank’s obligations are to serve dealers and not to damage them.
Yasiri that the bank’s plan depends on the launch of the new currency the deleted zeros with the currency of existing now slowly are dealing with the new currency without causing any damage to the economy or the citizens and would cost the process $ 150 million.

and varied views of a number of those who follow economic affairs of Iraq on the impact, positive or negative for the deletion of three zeros from the currency current between be positive to reduce the case of inflation and between passivity on the resource of living of citizens

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