The Central Bank of Iraq has announced finalize coin category 50 000 dinars for the placing on the market

by **Ponee** Tue May 05, 2015 10:57 am

BAGHDAD - scales News
He confirmed in the parliamentary finance committee member, Tuesday, that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies.

A member of the committee MP Sarhan Ahmed Sarhan in a statement to / scales News /: "The issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling ".

Ahmed added that "the Finance Committee met a few days ago with officials in the Iraqi Central Bank did not raise the question of pumping currency of 50 thousand dinars category and was the subject put on the market right it will affect a significant impact on the Iraqi economy because the Iraqi currency adequate and plentiful more scheduled to lead to inflation ".

He pointed out that the disparity in global oil prices in the last period of the impact without doubt in the financial and economic situation of Iraq .

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