Wednesday, May 16, 2012
Parliamentary Finance: Delete and replace the zeros of the Iraqi currency early 2013
Revealed the parliamentary finance committee on Tuesday that the deletion of zeros and replacing Iraqi currency Seetman early January 2013, as pointed out it will start printing the new currency in various categories in September.
A member of the Finance Committee Haitham Jubouri in an interview for "Alsumaria News", the month of January of next year 2013 will see the deletion of three zeros and the replacement of the currency, he said, adding that as of next September 2012, will be the direct printing of new currency in different categories.
The Jubouri that the process of replacing the old currency will continue to be a year old be withdrawn in full within the first six months of the year 2014, indicating that the deletion of three zeros and replace the afterbirth would be the stability of the Iraqi currency and reduce the demand for hard currency.
He noted that Jubouri Central Bank of Iraq has squandered all concerns relating to money laundering and forgery during the process of replacing the old currency El Jadida, explaining that a device has a special anti-money laundering.
He pointed out that Jubouri reform the system of currency management at the heart of the Central Bank and the deletion of zeros is a function of the strategy, stressing that the Finance Committee of the Parliament supports the Iraqi Central Bank's policy in this direction.
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