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Date: Mon 25/06/2011 10:30
After nearly seven years to replace the Iraqi currency and categories for political reasons, mostly concerning the change that occurred after the year two thousand and three .. Central Bank of Iraq is preparing now to launch a project to replace the existing currency will raise them with another new zeros and are in three languages ..
.
The appearance of Mohammed Saleh / central bank adviser: "
Models which claimed the affordable pieces of the Kurdish language will be provided on the basis of the Constitution of the Republic of Iraq ... With 3 languages pieces and bearing the symbols of the great Iraq from Sumer to Babylon to all of Iraq this is our glory, which insist on it "
The attention of the Iraqi Central Bank to the existence of absolute necessity to change the Iraqi currency after becoming unsuitable for large cash transactions because of the steady growing economy, which impose a need for cash singing classes for handling large numbers and quantities.
The appearance of Mohammed Saleh / central bank adviser: "
Field there are problems because of the sheer volume of the currency .. Today, we have exported 28.5 trillion dinars and 5 trillion in circulation in each country based on cash payments (Cache) ... Today, the largest category of currency equivalent to $ 23 dollars of 25 thousand dinars, and of course, this category is the origin of 25 dinars before the Iran-Iraq war was equivalent to U.S. $ 75 to $ 75 at the time and the equivalent purchasing power of about 300 thousand Iraqi dinars now "
While the central bank tries to reassure the Iraqi citizens that something of real value of the currency will not change, it also calls to stop what he describes resistance to the draft monetary reform, which he says he may bring an adjournment on the project, which requires a full year to end it
The appearance of Mohammed Saleh / central bank adviser: "
We Mthain to work, but we want to respond .. Frankly, such a project needs a full year in my opinion and need to drive awareness and arrangement of the accounts .. Is the system of administrative reform does not arrange any defect, not on people's rights nor wealth nor to pension rights, but as forms of currency, which replaced facilitate transactions .. And then Nchov Waco resistance does not make sense of some of the brothers I mean, this resistance to reform ... Resistance brings delay frankly "
The Finance Committee in the Iraqi parliament has put forward the idea of lifting the zeros from the Iraqi currency in the year two thousand and seven is it still under study so far .. Economists expect to achieve similar success this idea of the success achieved when Turkey decided to raise three zeroes from the currency by about five years.
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REPLIES IN THE ORIGINAL PAGE ARE THE CORRECT DATE....THE POSTED DATE OF MON, JUNE 25, 2011 MAY BE A TYPO
After nearly seven years to replace the Iraqi currency and categories for political reasons, mostly concerning the change that occurred after the year two thousand and three .. Central Bank of Iraq is preparing now to launch a project to replace the existing currency will raise them with another new zeros and are in three languages ..
.
The appearance of Mohammed Saleh / central bank adviser: "
Models which claimed the affordable pieces of the Kurdish language will be provided on the basis of the Constitution of the Republic of Iraq ... With 3 languages pieces and bearing the symbols of the great Iraq from Sumer to Babylon to all of Iraq this is our glory, which insist on it "
The attention of the Iraqi Central Bank to the existence of absolute necessity to change the Iraqi currency after becoming unsuitable for large cash transactions because of the steady growing economy, which impose a need for cash singing classes for handling large numbers and quantities.
The appearance of Mohammed Saleh / central bank adviser: "
Field there are problems because of the sheer volume of the currency .. Today, we have exported 28.5 trillion dinars and 5 trillion in circulation in each country based on cash payments (Cache) ... Today, the largest category of currency equivalent to $ 23 dollars of 25 thousand dinars, and of course, this category is the origin of 25 dinars before the Iran-Iraq war was equivalent to U.S. $ 75 to $ 75 at the time and the equivalent purchasing power of about 300 thousand Iraqi dinars now "
While the central bank tries to reassure the Iraqi citizens that something of real value of the currency will not change, it also calls to stop what he describes resistance to the draft monetary reform, which he says he may bring an adjournment on the project, which requires a full year to end it
The appearance of Mohammed Saleh / central bank adviser: "
We Mthain to work, but we want to respond .. Frankly, such a project needs a full year in my opinion and need to drive awareness and arrangement of the accounts .. Is the system of administrative reform does not arrange any defect, not on people's rights nor wealth nor to pension rights, but as forms of currency, which replaced facilitate transactions .. And then Nchov Waco resistance does not make sense of some of the brothers I mean, this resistance to reform ... Resistance brings delay frankly "
The Finance Committee in the Iraqi parliament has put forward the idea of lifting the zeros from the Iraqi currency in the year two thousand and seven is it still under study so far .. Economists expect to achieve similar success this idea of the success achieved when Turkey decided to raise three zeroes from the currency by about five years.
[You must be registered and logged in to see this link.]
REPLIES IN THE ORIGINAL PAGE ARE THE CORRECT DATE....THE POSTED DATE OF MON, JUNE 25, 2011 MAY BE A TYPO
