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The central bank adviser: raise three zeroes from the currency will not be present two years ago ...

carlablum

By carlablum,
in LOPster tank

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carlablum Newbie

carlablum

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Central Bank: raise three zeroes from the Iraqi currency will not be two years ago

26.05.2010

Hassan Rashed

Widened in recent calls to the Central Bank of Iraq need to direct project raise three zeroes from the local currency, in the background of the increased security risks faced by the transfer of banknotes between banks and their branches in Baghdad and the provinces, as well and leading the other caused by the wide circulation of large amounts of Iraqi currency, which suffered from chronic inflation back to almost three decades.

Despite the approval by the Iraqi Finance to draft up zeroes, but the central bank adviser, Dr. appearance of Mohammed Saleh says the issue is not as urgent cases and it is linked to achieving full economic stability in Iraq.

He explained the appearance of Mohammed Saleh in a statement to Radio Free Iraq that the process of initiating a zeros
will not be two years ago.

At the same time acknowledged Mr. central bank adviser that the magnitude of the cluster current cash contributed to the complexity of the payments system in Iraq.

On the other, "says financial expert, Dr. Ahmed Al Wazzan, the lifting of the zeroes is an important step entailed the benefits of many of the Iraqi economy, since the lifting of the zeroes will reduce the contradictions between the parties of the financial authority in Iraq, but hinted at the same time the existence of warnings may result from the process of lifting the zeros.

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leggman24 Newbie

leggman24

Posted
Posted

Central Bank: raise three zeroes from the Iraqi currency will not be two years ago

26.05.2010

Hassan Rashed

Widened in recent calls to the Central Bank of Iraq need to direct project raise three zeroes from the local currency, in the background of the increased security risks faced by the transfer of banknotes between banks and their branches in Baghdad and the provinces, as well and leading the other caused by the wide circulation of large amounts of Iraqi currency, which suffered from chronic inflation back to almost three decades.

Despite the approval by the Iraqi Finance to draft up zeroes, but the central bank adviser, Dr. appearance of Mohammed Saleh says the issue is not as urgent cases and it is linked to achieving full economic stability in Iraq.

He explained the appearance of Mohammed Saleh in a statement to Radio Free Iraq that the process of initiating a zeros
will not be two years ago.

At the same time acknowledged Mr. central bank adviser that the magnitude of the cluster current cash contributed to the complexity of the payments system in Iraq.

On the other, "says financial expert, Dr. Ahmed Al Wazzan, the lifting of the zeroes is an important step entailed the benefits of many of the Iraqi economy, since the lifting of the zeroes will reduce the contradictions between the parties of the financial authority in Iraq, but hinted at the same time the existence of warnings may result from the process of lifting the zeros.

Thanks for the update. Looks like we are a little ways off. Goooooo RV!!!!!

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luckylucy Newbie

luckylucy

Posted
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This is news and I hope people who are seeking news will look in lop talk for it.

Thank you

check out the other articles in here ... all pretty much the same ... they are talking about what folks call a "LOP" ... whether it is or isn't. Don't mean to degrade your post, which I'm sure that's the reputation the LOP section has ... but it is same topic that starts most of the threads in here. :)

And, it is a good post and we thank you for that! :D

luckylucy

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