Economist: the issuance of a new class is the restructuring of the coin and not to improve the situation directly
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Economist: the issuance of a new class is the restructuring of the coin and not to improve the situation directly
05/26/2015 -
Denied economic expert on behalf of Jamil Antoine, on Monday, about an intention to issue a new Iraqi currency from large groups or to resort to the process of deleting the zeros.
Antoine said in an interview with "direction Press," he said the new currency issue or deletion of zeros is the restructuring of the currency process and not to improve the situation Mbacr.waodh Antoine said the idea of a new currency of a particular class issue is for the purpose of minimizing market trading and the use of large pieces and small pieces instead.
He said economic expert, that the issuance of currency reduces large categories of banks and of its trustees problems in counting the money.
Noting the inability to solve the proposed percent thousand Iraqi dinars dollars percent instead of the currency because he can not solve his work rather than his work again and that there was a twin, it can not be resolved one other allowance but can be solved a lot of problems of the market .onsah a number of specialists in economic affairs government to implement the project to delete the zeros, instead of issuing a large categories of currency because it will lead to an increase Altdkhm.oivkr that the central bank decided after the federal government is required to wait to apply the project to delete the zeros and get rid of the money supply flabby Iraqi currency through printed Banknotes category (50) thousand dinars.
http://www.aladalanews.net/index.php?show=news&action=article&id=128271
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