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Currency Catagory Article


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Types MP/Iyad Samurai: the category currency (100) dinars is an important step in business dealings

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Types/Baghdad/m. k

22/12/2010 9:50am

Member of Sejm Alliance Center Iyad Samurai that currency category (100) dinars is an important step in business dealings and facilitate the work of investors

The Samurai's particular correspondent (RIA conscious information/) business day crying in banking and the fact that the largest group of cash in circulation now the category (25) a dinar equal to approximately 20 dollars alongside other cash categories such as category 5000 thousand or 10000 thousand and that cause confusion when trading large sums of cash, stating that category that are new in version serves primarily slide investors and economists.

The issue thus done would be a step that reduce the use of foreign currency at home giving value to Iraqi currency in commercial transactions and enhance the standing of the national currency.

Adviser of the Central Bank of Iraq appearance Mohammed Saleh said ECB examine idea done 100 thousand dinars for expansion in Iraqi market and shortcut large amounts of funds.

http://al-iraqnews.net/new/economic-news/40423.html

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