Much talk about deleting zeros from the currency because of

[Stillw8n]

Much talk about deleting zeros from the currency because of price instability

Between the Economist as beautiful, that the main reason for the volatility of commodity prices and food in local markets due to frequent talk about draft deleted three zeros from the currency resulting in a situation of anarchy in Iraqi merchant.

Beautifully told reporter (News Agency KCNA) Wednesday: that causes instability of goods and foodstuffs due to frequent talk about draft deleted three zeros from the currency, by the Central Bank and Government, making wealth owners and traders heading towards buying gold or sell it or keep dollars or dinar and this leads to rapid fluctuations in prices of materials and goods.
Jamil said that the price of oil also non-static global as a result of being a major power is good in the world, in addition to that, subject to the issue of supply and demand.

The Economist added: that Iraq today has become closely linked to world markets, any change or impact affect these markets it will affect the domestic market directly through the prices of goods and materials, adding to the difficulty of maintaining the price of gold as a currency’s purchasing power

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