Expert: the scarcity of small-class currency due to the unwillingness of banks to deal

Expert: the scarcity of small-class currency due to the unwillingness of banks to deal with the

24-10-2013 10:30 AM

Iraqi DinarBaghdad (news) .. Attributed the financial expert Ahmed ابريهي, the reason for the scarcity of currency with a small category in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank. said ابريهي (of the Agency news): Most banks do not receive paper currency small, category (250, 500 and 1000 ) Iraqi dinars, from the central bank and to go ahead to deal with, Maady to scarcity in the Iraqi market. called ابريهي: Iraqi banks that receive large numbers of currency with a small category of the central bank and posed in the market to satisfy the needs, noting that the move will allow the bank to know the market need currency and increase printed. added: The scarcity of this group led to the damage ماموجود trading, indicating that the citizen can replace the currency damaged has a new one through banks treatment easy and legal. noted that the Finance Committee confirmed that the reasons for the scarcity of currency with small groups to speed damage , prompt the central bank to print new ones damaged and pull them to create a balance amount in the Iraqi market categories. / End

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