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 Old news but this how every country has managed a LOP

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andy1979uk
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PostSubject: Old news but this how every country has managed a LOP   Fri Aug 09, 2013 5:05 pm

Parliamentary Finance: 2013 will see a circulation of two currencies at the same time
by Investors Iraq News
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Published on 06-27-2012 10:34 PM Number of Views: 600 0 Comments


Parliamentary Finance: 2013 will see a circulation of two currencies at the same time drew the Finance Committee, the parliamentary that Iraq will see trading currencies at the same time over the next year 2013 of the circulation of the new currency after deletion of zeros with the survival of currency trading current throughout the year in question.

A member of the Finance Committee Hassan Salman’s (Center Brief Media Network Iraq) that “the central bank operates in more than six months from now on the position of the deletion of zeros from the Iraqi currency and current which will apply from next year.”

He pointed out that “the Finance Committee informed and in constant contact with the central bank governor and his aides, who learn about the Finance Committee and hold the details of this issue and the process of replacing the current currency the new currency will continue over the next year.”

He said, “will end up dealing in the currency the current beginning of 2014 and this process will lead to strengthen the Iraqi currency fluctuations, especially after the Iraqi dinar exchange rate against the U.S. dollar in recent times. “

And that “currency adjustment will benefit the Iraqi economy and will facilitate the handling of cash in the country by reducing the money supply in circulation now, which Tkdrbhawwala 30 trillion dinars.”

Read the entire article at IraqDirectory.com

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PostSubject: Re: Old news but this how every country has managed a LOP   Fri Aug 09, 2013 5:06 pm

 LOPSTER - where are you?  Are you going to weigh in on this?

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PostSubject: Re: Old news but this how every country has managed a LOP   Fri Aug 09, 2013 5:11 pm

Classic LOP...
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