Central bank: talk about the deletion of zeros and currency exchange beginning of 2013, “a fantasy”

Central bank: talk about the deletion of zeros and currency exchange beginning of 2013, “a fantasy”

Sunday 19 August 2012

BAGHDAD – and babysit – considered the Central Bank of Iraq, talking about the deletion of zeros and the replacement of the Iraqi currency early next year 2013, “a fantasy”, as he emphasized the need to be replaced in the currency of a new financial.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement, “The draft restructuring currency and delete the zeros are still just proposals nor approved so far and remains a dead letter,” noting that “the Finance Committee in the House of Representatives are still trading with the bank on the matter and the time who will be the replacement of the currency. ”

Saleh added that “any thought about replacing the new currency after deletion of zeros starts with the beginning of 2014 and up, if approved by the Council of Ministers on the project since the Council’s decision to wait still continues until now,” adding that “talking about the deletion of zeros and the replacement of the Iraqi currency beginning of the year next 2013 pure fantasy. ”

He pointed out that in favor of “currency replacement must be with a new financial”, adding that “private accounts, the Iraqi government can not be recorded in the same year two forms of financial values” … p / i
Source: alrayy