Now .. Doesn't that make much more sense ... remove the larger notes and gradually replace them .. replace them with currency that has more monetary value ... (remember .. smoke screens, they already have the currency printed .. phoenix will explain tonight)2012-07-14
Deputy proposes print large cash categories rather than replace currency
Baghdad, Invited Member of the parliamentary Finance Committee on MP Najib Risalat Kurdistan Alliance to print cash categories with more monetary value and the abolition of the draft new currency printing and deleting three zeros.
Najib said in a statement to/JD/"any success for the CBI to switch currency and delete the three zeros depends mainly on the support of the Executive and legislative powers but only technical matters within the competence of the Central Bank" and "the Finance Committee held several meetings with the Central Bank on the subject but now wait for the green light from the Government for that related to its position despite the currency switch to clarify many of the details of the Government" and showed that "one of the members of the Committee came up with the idea to replace Switch currency and delete zeros printed currency of large groups (50,000 and 100,000) dinars but the Central Bank.
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