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Economist criticizes put cash Category 50 000 dinars (3 Articles)

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Rocky


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Economist criticizes put cash Category 50 000 dinars





November 13th, 2015

BAGHDAD - Hussein Saleh

Raad said economist Twigg, said the group put up cash 50 000 Iraqi dinars to the cash market is a big detriment factor for the market.

And the movement of "Euphrates day" for Twigg said, that put this cash to the money market category contrasted with the idea of ​​deletion of zeros, but is to add zeros and then will become the defense of the Iraqi dinar by asking more of hard currency and become useless loss two losses. "

He added that "This currency has sparked inflationary and it was possible to be done to meet the cash needed to expand appropriate small monetary categories as 5,000 dinars and 10,000 dinars," explaining that the increase in the money supply excessively will be accompanied by an increase in the demand for cash after the low value and continue the loop in the expansion.


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Last edited by Rocky on Sat Nov 14, 2015 10:25 am; edited 2 times in total

Rocky


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Economist: the issuance of a class 50 000 dinars, will not contribute to the stability of the market


11/14/15

Baghdad and babysit - Former economist at the Central Bank of Iraq on behalf of Abdul Hadi, Thursday, that the issuance of 50 000 dinars category will not contribute to the stability of the market, stressing that large transactions are covered through the dollar.
Said Abdul Hadi, said that "the issuance of monetary Category 50,000 dinars by the Central Bank will not contribute to the reduction of non-market stability, especially price index of the market and inflation," he said, adding that "there are changes in the data economies on the ground and contraction of the Iraqi economic reality."

He said Abdul Hadi "This category of cash would raise imposed on a bank in the management of operational costs and the organization of the currency," explaining that "there will be no desired results to facilitate transactions."

Abdul Hadi said that "monetary category currently in circulation, amounting to 25 000 dinars are sufficient to deal them through individual and corporate transactions, while the big deals are covered through the dollar," PSC /

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Rocky


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Economist: the issuance of 50 thousand dinars does not cause inflation does not affect the currencies "small"






11/14/2015 17:02 pm (Baghdad time)


etection economist Maytham and coffee, on Saturday, the currency of 50 thousand dinars does not cause inflation in the market and do not affect currencies "small version".[/ltr]


The coffee's / scales News / "The new currency launch of a class of 50 thousand dinars on the market last week does not affect the simple exchange of 250 and 500 dinars on the market", adding that "This currency is additional to other currencies as the local economy needs to greater currency in the currency market


The economist said that "the biggest coin found in the market are 25 thousand dinars, the equivalent of 20 to $ 21 and the market needs a local currency's biggest utility," noting that "This currency was printed global Bmtaba good to avoid fraud put secret signs and size different from the rest of the Currency


He explained Laibi "The first few days of the launch of the currency will be working to raise the dollar, but the central bank is pumping coin the" 25 000 "on the market to address the rise."[/ltr]
[ltr]This "declared the Iraqi Central Bank, on Wednesday, for issuing banknotes category 50 000 dinars," .anthy 29 / z 3


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