Delete the zeros from the currency is important and will lead to counterproductive in the Iraqi market
Member of the Economic Committee: Delete the zeros from the currency is important and will lead to counterproductive
On: Tuesday 06/19/2012 20:25
Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Salman al-Moussawi, the process of deleting the zeros and replacing the national currency, the process is not important, pointing out that the deletion of zeros from the national currency to be the beginning (2013) would be counterproductive in the Iraqi market.
Moussawi said (of the Agency news news) on Tuesday: The deletion of zeros in the atmosphere is stable Iraqi dinar exchange rate process do not matter either occurred in the current year or next year, indicating the following: that Iraq does not need to replace the Iraqi currency scheduled for the coming year as it is needed to stabilize the oscillation made in the Iraqi dinar exchange rate against the dollar. Al-Moussawi said: that the deletion of Alosvarmn the national currency to be in the early years (2013) would be counterproductive in the Iraqi market and affects the process of demand and supply imbalance big lead to the result of the instability of the dinar exchange rate and the lack of demand for the dollar U.S.. He pointed out: that the current currency exchange good and do not require replacement of the symbols, size, or color, when substitutes are reflected negatively on the Iraqi citizen, the simple lack of culture of cash and will need a long time to know the full groups of cash / End / 21. a. p /
Source: ikhnews
