Finance: issuing categories 50 100 الف a first for the deletion of zeros from the currency
A member of the parliamentary finance: issuing categories 50 100 الف a first for the deletion of zeros from the currency
[Baghdad – where]
said the parliamentary finance committee member Masood Haider, said the central bank’s intention to issue two categories of 50 000 dinars and 100 000, is a first for the removal of zeros from the Iraqi currency.
Said Haider told all of Iraq [where], that “the subject of currency issuance of fifty-class Alpha and the hundred thousand dinars, has been studied for more than two years, as the experts at the central bank they choose the category and protection where and so kind.” He added that ” This step is a preliminary to remove zeros from the Iraqi currency in the coming years “, adding that” these two categories will facilitate the deliberation process of the Iraqi dinar exchange for hard currency. ” said Haider said “the project to delete the zeros still exists, and the central bank decided to issue fifty-class thousand percent A, will be their experience and study how to deal with them in the Iraqi market. ” He said that “the allocation for the printing of Iraqi currency of the new budget, will work to remove the zeros in the coming years.” The Iraqi Central Bank earlier announced its intention to issue new editions in both categories of the 50 000 dinars and 100 000 2 Danar.anthy