Central” Iraq currency supports deleting “zeroes” dinar

[Markinsa]

"Central Iraq" supports the currency delete the"zeros" dinar

Posted by: Arabian Business Egypt in Breaking News , Latest News , Arab economy , banks and insurance 6 days ago 0 1542 visit

 

Revealed on the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project. 
Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country's economy, as the dinar will be included in the global basket of currencies in the vital exchanges.He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

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10 minutes ago, Markinsa said:

"Central Iraq" supports the currency delete the"zeros" dinar

Posted by: Arabian Business Egypt in Breaking News , Latest News , Arab economy , banks and insurance 6 days ago 0 1542 visit

 

Revealed on the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project. 
Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country's economy, as the dinar will be included in the global basket of currencies in the vital exchanges.He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Thanks, Mark

And if folks were worried that there might be an RV one day and the CBI would recall all 3-zero notes the next, "but will continue to trade for about 10 years." Sounds good to me.

[olivesman]