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Sadrist: Reasons behind changing the currency, unconvincing

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Sadrist: Reasons behind changing the currency, unconvincing

Unread postby Stillw8n » Mon Sep 26, 2011 10:22 am

Sadrist: Reasons behind changing the currency, unconvincing

Baghdad (NINA) MP from Ahrar bloc, Abdul Hussein Risan, said that changing currency at the time being is filled with problems which the MP did not explain.

In a statement issued by the Media Commission of Al Sadr Trend today, the MP said the reasons which the Central Bank presented to change currency were unconvincing comparing them with the damages that may face such procedure during the present time.

The central Bank said that changing the currency will give it some distinctive features that can stop counterfeiting as well as eliminating zeroes which will facilitate financial transactions through less time and efforts and enhance the dinar’s exchange value.

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