Economic parliamentary rule out near the deletion of zeros from currency
Economic parliamentary rule out near the deletion of zeros from currency
Friday 26 October 2012
BAGHDAD – babysit – ruled out a member of the Economic Committee, investment and reconstruction hold parliamentary process of deletion of zeros from the Iraqi currency.
The MP Nahida Daini in a press statement that it was “unlikely to be a process of deletion of zeros from the currency in the near future and for several reasons, notably instability economic conditions and security in the country and the lack of control at the required level and volatility exchange rate against the dollar in addition to the adoption of the Iraqi market to a free economy “.
She added, “as that rising prices and falling also linked to the regional situation near Iraq, as this situation also occurs in most countries of the world” excluded “the possibility of fixing the exchange rate of the dollar as a measure to maintain the stability of prices in the local markets.”
The Cabinet decided in its meeting held in April 10 last patient in the application process of deletion of zeros from the national currency until further notice … p / i
alrayy
