Friday, July 27, 2012

Central Bank calls into question the new currency introduced early next year ...

Related article .. link .. *Presidency of the parliament was discussing with Finance's Issawi and Shabibi, Governor Central Bank, the development of monetary policy .. And .. link .. *Iraqi Dinar .. July 2012 Dinar Articles ...

Friday, July 27, 2012

Central Bank calls into question the new currency introduced early next year

Baghdad, The deputy governor of the Central Bank of the appearance of Mohammed Saleh, a reporter and news agency the future today, Friday, that "the study made by the Central Bank of the hypothetical is to put up the new currency in 1/1/2013, but with changes in the subject and various destinations.

Saleh continued that "the Finance Committee wondered why not be the launch of the new currency in half of the year? But after asking specialists and experts in the Central Bank and institutions knowledgeable of other specialized agencies, show that it is possible that the replacement of the currency at this time that this is linked with the annual accounts of each institution , and this can never be where it is reasonable to assume the annual accounts are two types of currency. "

The Central Bank of Iraq announced (29 September 2011) that the year 2013 will see the deletion of zeros and currency exchange, pointing out that the current currency formed a cluster of large cash estimated at 30 trillion dinars.

source