Economist: issuing bank for a class of 50 thousand dinars facilitate the deal and do not cause inflation

Since 06/24/2015 15:36 pm

BAGHDAD / scales News

He confirmed an economist, that the bank issuing 50 thousand dinars category will make it easier to deal in the local market, noting that the issuance of this new category does not cause inflation in the market or reduce handle small currencies.

The expert said contrary goldsmith's / scales News /, said that "the Central Bank of yore in the issuance of the 50th class thousand dinars for the purpose of facilitating interaction between citizens and reduce the money carried by his size, Instead of carrying a million dinars, which is equal to 40 sheets class 25 000 dinars, will carry 20 sheets category 50 000 dinars. "

Sayegh said that "the issuance of this new category does not cause inflation in the market or makes small coins disappear or reduce handled Cal 250 dinars and 500, but it is a measure to facilitate the cash dealings between citizens, and especially after the Bank delete the zeros to reduce the huge figures in the currency."

The Governor of the Central Bank announced on the Keywords, (June 20, 2015), for the issuance of 50 000 dinars a class of local currency the end of this year, and pointed to wait to issue the 100 class may be released at a different time to avoid any inflation.


http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://hathalyoum.net/679864.html&usg=ALkJrhjFa5LrSjb-L1wzLwPSVPzrqt-gJQ