Iraq: raise zeros from the Iraqi currency depends on the political and economic situation
Iraq: raise zeros from the Iraqi currency depends on the political and economic situation
May 2, 2014 17:57
The governor of the Central Bank and the Agency Abdel Basset Turki, said Friday that the project raise zeros from the Iraqi currency will not be applied, except in the case of the stability of political and economic situation of the country, denying the issuance of a new decision of the Bank in this regard. Said Turki said in a statement that “the central bank will begin without frequency of application of the project raise zeros from the local currency in case settled political and economic situation of the country. “according to the newspaper integrity and added that “the implementation of such a project needs to arrange all the accounts and records of the Iraqi state before starting any move to change the status of the currency and the way that provides a smooth flow of work and maintain price currency in the local market from manipulation of traders in it. “said Turki that” talk is not only about the lifting of the zeroes where to change currency will rearrange government records completely change the accounts that deal with public spending, “denying” the issuance of any new resolution from the central bank regarding the deletion zeros from the currency. “referred to as the” central bank denied earlier draft of direct restructuring of the Iraqi currency next year and delete the zeros of the three of them, because this time is appropriate, indicating that the project is implemented through coordination with the Iraqi government and its relevant institutions.
mubasher.info
