*************Parliamentary Economy: the category {50} thousand dinars do not cause any inflation, and there is an intention to issue less than a {250} dinar currency

History of edits:: 2015/11/20 16:07


{Baghdad: Euphrates News} saw a member of the Parliamentary Commission of Economy Najiba Najib that the category {50} thousand dinars to cause any inflation, and there is an intention to issue less than a {250} dinar currency.

She said Najib told the News} {Euphrates Friday that "the issuance of the category {50} thousand is a good step but not cause Tkhaddm in the market because the issue of inflation dominated by the central bank," indicating that "the Iraqi currency lacked the large and small currencies".

"If we compare ourselves to neighboring countries, the Iraqi currency need to improve and develop and strengthen where there is an intention to print currency the {100} Elf but has been postponed until further notice, as has been done the {500} new dinars design and there is an intention to issue coins less like fifty dinars for the benefit of citizen ".

The CBI had announced earlier in the issuance of new banknote category fifty thousand Iraqi dinars in order to complete the structure of banknotes, and the development of high value in the trading category.

It is noteworthy that the parliamentary Finance Committee announced earlier that the Central Bank of Iraq in connection with the introduction of new process 100 thousand dinars category after the issuance of 50 thousand dinars category .anthy


http://alforatnews.com/modules/news/article.php?storyid=100984