Expert: the return of the coin guide to control inflation

[patriotic party girl]

ب Baghdad (news) .. peace was considered an expert economic Sumaisem work to re-coin evidence of controlling inflation, as well as to improve the value of the Iraqi currency.

يThe central bank decided to introduce coins as part of his plan to restructure the currency, which requires government approval and the Council of Representatives for a strategic plan that it will contribute in supporting the Iraqi dinar's value in financial trading. "

Said Sumaisem in a statement to correspondent Agency (news) on Sunday: The absence of coins in Iraq was caused by inflation, which occurred at the time of the country, so we export large groups did not, we can instrument a metal, the piece was collected in paper "explaining" the central bank's decision to re- coin proof that there is no control on inflation with the benefit of the few groups even if the means of transport (Karwa ownership).

و She Sumaisem: Whenever there are small groups can be used in circulation means higher inflation become any plans that the structure of the currency moving properly, citing the need to encourage and support this step as it positively affect the Iraqi economy.

و He said the central bank to the project of coins in 2004 was not successful because it has not been as comprehensive reforms to support the financial value of the Iraqi dinar in the global market, saying that "coins are not the low currency, but will be of currencies important medium and used for trading banking simple trading domestic . Finished / 12. t. M /.

On: Sun 07/24/2011 11:09 -------------------------------------------

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[abutchbaker]

Oh boy

[TQueezy]

The coins are not the low currency? Um... then what will be? I owe you notes?

[Babosa]

This article is a great find IMO. Because it speaks directly about raising the value of the currency to facilitate the use of the small values of coins. GLTA GO RV!!!!

[wavggg]

well, we have $1 Dollar gold US coins worth about $1,500!!!

a coin is not nececcarily proof... but it is encouraging

[carges]

I'm just waiting for the right moment to get that cheese!!!

[tilak]

highly encouraging for a revalue of currency......it is just around the corner.... i can taste it.