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Parliamentary Finance: Central Bank starts during the current year measures the deletion of zeros from currency
2013-04-15 11:21:06
The parliamentary Finance Committee announced that the central bank, according to the official correspondences begin this year procedures for the deletion of three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic.
A member of the Finance Committee Abdul-Hussein al-Yasiri The Finance Committee supports the changes on the local currency because of the economic importance of the country, and pointed out that the local currency will reduce from four billion units to one billion units which will make there Anciabh in the process of transfer of the currency.
The Central Bank states that the deletion of zeros were part of a plan to develop its monetary policy and currency management reform.
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2013-04-15 11:21:06
The parliamentary Finance Committee announced that the central bank, according to the official correspondences begin this year procedures for the deletion of three zeros from the local currency, saying that it would lead to the development of cash transactions and international economic.
A member of the Finance Committee Abdul-Hussein al-Yasiri The Finance Committee supports the changes on the local currency because of the economic importance of the country, and pointed out that the local currency will reduce from four billion units to one billion units which will make there Anciabh in the process of transfer of the currency.
The Central Bank states that the deletion of zeros were part of a plan to develop its monetary policy and currency management reform.
[You must be registered and logged in to see this link.]
