Adviser: the issuance of 50,000 thousand dinars category does not have a negative impact on monetary policy in Iraq

Adviser to the Prime Minister: the issuance of 50,000 thousand dinars category does not have a negative impact on monetary policy in Iraq

Saturday 23 May 2015 – 12:35

Adviser to the Prime Minister - the issuance of 50 000 thousand dinars category does not have a negative impact on monetary policy in IraqHe said Prime Minister adviser appearance of Mohammed Saleh exists a class of 50,000 thousand dinars currency cash in Iraq as help the country to pay cash transactions more easily, ruling out the existence of a negative impact on the country’s monetary policy and said Saleh told the Nun of news during his participation in the opening of offline spring certificate Festival place in Karbala ” The Central Bank of Iraq is responsible for the administration of payments Iraq and that the draft class of 50,000 thousand dinars is a project Old Matrouh since 2006 before the project to delete the zeros explaining that Iraq today need big currencies because the biggest currency today exist are 25,000 class thousand dinars, and this category of Atadl only 21 dollars and that the category of (50000) will help the country to pay transactions and reduce the cost of money in circulation in the counting and especially that large numbers accounted for 90% of the installation traded Iraq currency ” and ruled adviser to Prime Minister no negative effect on the cash the country’s politics by the presence of cash currency 50,000 dinars category, noting that the EU monetary currency worth 500 euros is equivalent to one million Iraqi dinars, ” a special agency N.

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