Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
02/05/2014 12:04
Tomorrow’s Press / BAGHDAD: The governor of the Central Bank and the Agency Abdel Basset Turki, said Friday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. said Turkish for “tomorrow Press “,” The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country. ” and added that “the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain the price of the currency in the local market from manipulation of traders in it. ” said Turki that “talk is not only about the lifting of the zeroes where to change currency will rearrange government records completely change the accounts that deal with public spending,” denying “the issuance of any decision New from the central bank regarding the deletion of zeros from the currency. ” referred to as the central bank denied the earlier direct project restructuring of the Iraqi currency next year and delete the zeros of the three of them, because this time is appropriate, indicating that the applied project is in coordination with the Iraqi government and its institutions relevant.
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