Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

Economist: the issuance of a new class is the restructuring of the coin and not to improve the situation directly


Recommended Posts

Economist: the issuance of a new class is the restructuring of the coin and not to improve the situation directly

25/05/2015 10:24 | Number of Views: 398

Font size: font_decrease.gif font_enlarge.gif
iraq_cbi_10000_dinars_2013.00.00_b54a_pn

Press direction / special

Denied economic expert on behalf of Jamil Antoine, on Monday, about an intention to issue a new Iraqi currency from large groups or to resort to the process of deleting the zeros.

Antoine said in an interview with "direction Press," he said the new currency issue or deletion of zeros is the currency restructuring process and not to improve the situation directly.

Antoine said that the idea of ​​a new currency of a particular class is issued for the purpose of minimizing market trading and the use of large pieces and small pieces instead.

He said economic expert, that the issuance of currency reduces large categories of banks and of its trustees problems in counting the money. Noting the inability to solve the proposed percent of thousand Iraqi dinars instead of dollars percent currency because he can not solve his work rather than his other twin, and there was no one can replace the other, but instead can be solved a lot of problems with the market.

He advised a number of specialists in economic affairs government to implement the project to delete the zeros, instead of issuing a large categories of currency because it will lead to increased inflation.

It is noteworthy that the central bank decided after the federal government is required to wait to apply the project to delete the zeros and get rid of the bloated money supply in Iraqi currency through printed Banknotes category (50) thousand dinars.

 

Link to post
Share on other sites
BAGHDAD / justice - 05/26/2015 - 1:01 | Hits: 44

Denied economic expert on behalf of Jamil Antoine, on Monday, about an intention to issue a new Iraqi currency from large groups or to resort to the process of deleting the zeros.

Antoine said in an interview with "direction Press," he said the new currency issue or deletion of zeros is the restructuring of the currency process and not to improve the situation Mbacr.waodh Antoine said the idea of a new currency of a particular class issue is for the purpose of minimizing market trading and the use of large pieces and small pieces instead. 
He said economic expert, that the issuance of currency reduces large categories of banks and of its trustees problems in counting the money. Noting the inability to solve the proposed percent thousand Iraqi dinars dollars percent instead of the currency because he can not solve his work rather than his work again and that there was a twin, it can not be resolved one other allowance but can be solved a lot of problems of the market .onsah a number of specialists in economic affairs government to implement the project to delete the zeros, instead of issuing a large categories of currency because it will lead to an increase Altdkhm.oivkr that the central bank decided after the federal government is required to wait to apply the project to delete the zeros and get rid of the money supply flabby Iraqi currency through printed Banknotes category (50) thousand dinars.

 
Link to post
Share on other sites

Economy

 
ARABIC VIDEO WON"T LOAD 

Roudao - Arbil  saw economist, Jamil Antoine, that the new currency issue or deletion of zeros from the Iraqi currency, the restructuring process and not to improve the situation directly.



The Central Bank of Iraq, decided after the federal government is required to wait in the implementation of the project to delete the zeros and get rid of the cluster Cash flabby Iraqi currency through printed Banknotes category 50 000 dinars, also advised specialists in economic affairs government to implement the project to delete the zeros, instead of issuing a large categories of currency because it will lead to increased inflation. said Antoine The idea of issuing a new currency of a particular class, It is for the purpose of minimizing market trading, and the use of large pieces and small pieces instead, noting that the issuance of the currency of a large categories relieves banks and its trustees problems in counting the money. He added that the proposed hundred thousand Iraqi dinars, the currency can not replace the dollar percent, because it does not currency could replace the other currency, and instead there was a twin, it can not be resolved, rather than the other one, but can be solved a lot of problems with the market.


Read more: http://dinarvets.com/forums/index.php?/topic/203425-economist-the-issuance-of-a-new-class-of-the-coin-is-not-to-improve-the-situation-directly/#ixzz3bkFwK2Sh

Link to post
Share on other sites
Guest
This topic is now closed to further replies.
  • Recently Browsing   0 members

    No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.