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Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
05/02/2014
Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
Tomorrow's Press / BAGHDAD: The governor of the central bank and 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.He said Turkish for "tomorrow's Press," "The central bank will proceed without hesitation to apply the project raise zeros from the local currency in case settled political and economic situation of the country." He 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 the price of the currency in the local market where traders of manipulation."Turki said that "talk is not only about the lifting of the zeroes where the currency change will rearrange the entire government records and change the accounts that deal with public spending," denying "the issuance of any new resolution from the central bank regarding the deletion of zeros from the currency." Referred to as the central bank denied the earlier direct the project 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.
http://goo.gl/xhWMwT
http://goo.gl/xhWMwT
Ponee- Admin
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andy1979uk- Elite Member
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Re: Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
Or not ... seems to be saying that it's not going to happen ... of course there is nothing new about that ...
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Kevind53- Super Moderator
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Re: Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
I saw this article elsewhere. I am confused. So from this (really wish we could get some who could read Arabic to translate this instead of the translator program) who denied the project? And, do they want to do this next year? The CBI or the Government? I'm trying to determine from all of these stupid articles who wants what and they never really come out and say it. I'm not sure if it's because we don't understand their tone of language, or the translator is messing it up so bad.
Goldiegirl- Elite Member
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Re: Central Bank: Delete the zeros from the currency is linked to the stability of the political and economic situation
I dunno, but you can safely bet your bottom dollar that an article contradicting it will come out in the next few days.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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