yota691 Posted June 24, 2015 Report Share Posted June 24, 2015 Economist: issuing bank for a class of 50 thousand dinars facilitate the deal and do not cause inflation Economy and tenders Since 06/24/2015 15:36 pm (Baghdad time) BAGHDAD / scales News He confirmed an economist, that the bank issuing 50 thousand dinars category will make it easier to deal in the local market, noting that the issuance of this new category does not cause inflation in the market or reduce handle small currencies. The expert said contrary goldsmith's / scales News /, said that "the Central Bank of yore in the issuance of the 50th class thousand dinars for the purpose of facilitating interaction between citizens and reduce the money carried by his size, Instead of carrying a million dinars, which is equal to 40 sheets class 25 000 dinars, will carry 20 sheets category 50 000 dinars. " Sayegh said that "the issuance of this new category does not cause inflation in the market or makes small coins disappear or reduce handled Cal 250 dinars and 500, but it is a measure to facilitate the cash dealings between citizens, and especially after the Bank delete the zeros to reduce the huge figures in the currency." The Governor of the Central Bank announced on the Keywords, (June 20, 2015), for the issuance of 50 000 dinars a class of local currency the end of this year, and pointed to wait to issue the 100 class may be released at a different time to avoid any inflation.It ended 29 n / 10 Link to comment Share on other sites More sharing options...
HYDRANT Posted June 24, 2015 Report Share Posted June 24, 2015 someday something will happen its the say stories over and over again in the news Link to comment Share on other sites More sharing options...
Laid Back Posted June 24, 2015 Report Share Posted June 24, 2015 I still believe they're talking about about the new 50 dinar note with more value. 2 1 Link to comment Share on other sites More sharing options...
Jaygo Posted June 24, 2015 Report Share Posted June 24, 2015 I still believe they're talking about about the new 50 dinar note with more value. Agree 1 1 Link to comment Share on other sites More sharing options...
TQueezy Posted June 24, 2015 Report Share Posted June 24, 2015 Here it sounds like they're referring to removing large amounts of physical notes from circulation. So confusing… Link to comment Share on other sites More sharing options...
Freedomrules Posted June 24, 2015 Report Share Posted June 24, 2015 I still believe they're talking about about the new 50 dinar note with more value. I would like to believe that But thats not what it says at all. Are you thinking its a conspiracy? 1 Link to comment Share on other sites More sharing options...
Laid Back Posted June 24, 2015 Report Share Posted June 24, 2015 I would like to believe that But thats not what it says at all. Are you thinking its a conspiracy? I think is a misinformation campaign from the CBI to scare currency speculators. Just my opinion 1 Link to comment Share on other sites More sharing options...
sandfly Posted June 25, 2015 Report Share Posted June 25, 2015 THANKS 1 1 Link to comment Share on other sites More sharing options...
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