Central Bank: the issuance of 50 thousand dinars category has nothing to do delete the zeros

Tuesday November 17 2015 13:51

Central

Alsumaria News / Baghdad
said the Iraqi Central Bank, on Tuesday, that the issuance of the 50th class thousand Iraqi dinars nothing to do with a project to delete the zeros of the Iraqi currency, noting that the conditions of Iraq's economic and social do not allowthe implementation of this project. The general director of the banking and credit in the bank and Walid Idi In an interview with the program "of 10 of 11," which aired "Alsumaria TV", "The paper printed the new class of 50 000 dinars nothing to do with a project to delete the zeros of the Iraqi currency," adding that "the deletion of zeros is still delayed project."

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He Idi, that "the Economic and Social envelopes, which passes by the country does not allow the implementation of the project to delete the zeros." A member of the Board of Directors of the Bank Ihsan al-Yasiri, Sunday (November 15, 2015) that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he pointed out that there is no link to the financial crisis with the new version. The central bank announced (November 11, 2015) for issuing a new banknote category of 50 thousand dinars, attributing this to the completion of the Iraqi Securities monetary structure and the development of high-class value In trading

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