Raise zeros from the beginning of 2014 Iraqi dinar

Raise zeros from the beginning of 2014 Iraqi dinar

Posted, 11/18/2013

Raise zeros from the beginning of 2014 Iraqi dinarPalm – told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.

A member of the Committee Abdul Hussein al-Yasiri that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.”

He explained that the central bank told us that he strives to accelerate the implementation of the project beginning in 2014.

Yasiri added, that the central bank demands to accelerate the application of the decision to lift the zeros, in order to reduce the problems that occur due to the continuation of the current currency trading.

Observers stresses that deleting three zeros from the currency means deleting three mattresses from billing records, which requires reform of the currency management system and accounting system in the country.

To the central bank denied direct about the timing of the draft restructuring of the Iraqi currency and deleting three zeros of them, stressing that such a time is Matrouh and that this project is in coordination with the Government and relevant institutions.

According to a statement of the Central Bank, on Sunday: picked up by some media statements a direct deputies about the timing of the restructuring project of the Iraqi currency and deleting three zeros of them in 2014.

The statement added that the central bank would like to emphasize that such timing is Matrouh currently, and that such a project is in coordination with the Iraqi government and related institutions, as well as we are accustomed the public to his note of any proceedings related to the scope of responsibility of the central bank, including this Thread important.

The statement called on officials contact the central bank to obtaining accurate information before putting things like this to the public.

nakhelnews.com