Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
the issuance of a new currency will revive the Iraqi economy I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

the issuance of a new currency will revive the Iraqi economy

Go down

the issuance of a new currency will revive the Iraqi economy Empty the issuance of a new currency will revive the Iraqi economy

Post by Ponee Sun Jul 12, 2015 10:36 am

Parliamentary Finance Committee endorsed the issuance of a new currency of high denominations, pointing out that this process will contribute to the revitalization of the Iraqi economy and reduce dependence on foreign currency, while stressed economist, said the central bank introduced a new currency a Saeb very help in raising the efficiency of the payments system and shorten the amount of exchange-traded .



Finance Committee member Jabbar Abdul Khaliq said, a statement singled out the "morning", that "the issuance of currency large category will reduce dependence on hard currencies in economic activities," pointing out that "one of the solutions proposed by the central bank to reduce the differences between the dinar and the dollar started."

He said Abdul Khaliq that "Iraq's reserves of foreign and local currency Iraq was able to issue new coins and large groups," noting that the recent meeting between the Finance Committee and the Governor of the Central Bank was on the oscillation winning Iraqi currency against the dollar and the main solutions adopted by the central bank in order to reduce the difference ".

And on the draft raise zeros from the currency, Abdul Khaliq pointed out that "the project could not be implemented at this time because of the economic, political and security situation that prevailed in the country," noting that "the proposed thoughtful but is waiting execution time and the central bank is determined that". While Counting Finance Committee member Sarhan Sylvana central bank's decision to issue the 50 Alpha class end of the year, as the recovery of the Iraqi economy.

He explained Sylvana, a press statement, that "the issuance of a new class of Iraqi currency requires the presence of the assigned from the central bank reserves of foreign currency," stressing that the central bank reserves at the moment, according to what the Governor of the Bank on the Keywords, enough for the issuance of class 50 000 dinars ". On a related matter, said economist Majid picture: that a central bank currency issue of class 50 thousand dinars and 100 thousand dinars a very true and does not harm the economy of the picture Alsoq.ooodh" morning ", that" this measure as regards the payments system help raise the efficiency of the payments system and shorten the amount of cash in circulation, "asserting that" the issuance of a large currency denominations will not lead to any inflation in the market. "

Suri said, "The government is asking large sums and instead be a small payment currency will be the big currencies," noting that the move does not mean increasing the trading currency, but the process of replacing banknotes and other papers. "

SOURCE


*****************
Ponee
Ponee
Admin
Admin

Posts : 38267
Join date : 2011-08-09

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum