Central set a date early next year to launch the new currency

Central set a date early next year to launch the new currency

on 07/04/2012

BAGHDAD / electronic integrity

Select Central Bank of Iraq beginning in 2013 put forward the date for the new Iraqi currency after deleting three zeros of them, said Central Bank Governor Sinan Shabibi that there are many measures and many misgivings on the bank is keen to implement the process of currency exchange, safe and easy. “

As indicated by the Finance Committee’s parliamentary Majida al-Tamimi that “the cost of the actions dedicated to the currency exchange at 150 million dollars,” adding that “the currency exchange and withdrawal be gradual through the process of deposit in banks,” saying, “The withdrawal of currency be gradual and not once as in the switch Previous “, and noted that al-Tamimi,” the Finance Committee to follow up the work of the Central Bank and to share what is going on the process of printing new Iraqi currency. ”

The parliamentary Finance Committee had revealed earlier in the contract for the central bank with major companies to be printed currency from a high-quality paper. ”
Source: alestiqama