Finance: let the CBI improve the status of the dinar against other currencies

Finance: let the CBI improve the status of the dinar against other currencies

April 10, 2014 9:52 Last Updated: April 10, 2014 9:52

Finance: let the CBI improve the status of the dinar against other currenciesFinance: let the CBI improve the status of the dinar against other currencies
Announced the parliamentary Finance Committee that the Iraqi dinar stable, stressing that the central bank has to manages to improve the situation of the Iraqi dinar against other currencies. Said committee member MP Hassan al-Bayati said that “the Iraqi dinar is not in its right and true, and the Central Bank of Iraq to take appropriate measures to improve and put it in front of the other currencies. said MP al-Bayati, “there is a difference in the exchange rate between the central bank and the market, stressing that the latter is limited by the price.” according to the newspaper brotherhood The Committee on the economy and investment representative had carried earlier in the central bank responsible for the fluctuation of the price of the Iraqi dinar in front of the other currencies, on the grounds that he directly responsible for monetary policy in the country.

It is noteworthy that the Central Bank of Iraq, for reprinting the Iraqi banknotes with pictures of new and more protection. At a time in which the bank pointed out that the currency will continue to be traded now, stressed that the new currency will help the blind to see the value of these categories. The bank said in a press release, he “re-print the new series of banknotes of Iraq and the currently circulating pictures of new and superior protection, using a good quality of printing paper, with the inclusion of the two dates Hijri and Gregorian and the signing of the Governor of the Central Bank and the Agency Abdul Basit Turki Saeed, with the addition after security tags . ” and noted that “the banknotes current will continue trading with the new will not be pulling rolling them now or in the future.” the statement added, that “the categories of the 250, 500 and 1,000 dinars has been added to signs of a new security upon which bristles color visible and invisible signs circular for the visually impaired (blind), in addition to coating the banknotes protective coating to protect it from dust, as well as ensure the thread width of 1.2 mm. ”

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