Yassiri: Central Bank behind postponing the deletion of zeros

Yassiri: Central Bank behind postponing the deletion of zeros

7.6.13

yass/cbi

Baghdad (newsletter). The parliamentary Finance Committee member MP//abdulhussein Al-yasiri, the CBI to delete project zeros of the Iraqi currency, being ineligible to apply.

He said Al-yasiri told (News Agency): I am in favour of the supporters of deletion of zeros, and the Central Bank had confirmed that year (2013) are critical to raise zeros, adding: but the Bank says we are not qualified to present, to implement the project.

Explained: that the deletion of zeros has a rollover on the country, which will reduce the money supply, and contributes to the Iraqi currency be like other currencies, and accelerates treated Iraqi currency and reduce counterfeiting Iraqi currency, that the new currency would gain better than current technology.

Some economists believe that Iraq is now prepared to delete the zeros of the dinar, stating that deletion requires political and security stability alongside economic stability

ikhnews.com