Parliamentary "Light": The government will offer two categories of 50 and 100. 9/16
Parliamentary Finance for "Light": The government will offer two categories of 50 thousand and 100 thousand in the markets
Light News / Baghdad - Parliamentary Finance Committee revealed, on Wednesday, the determination of the Iraqi government to ask the two categories of 50 thousand and 100 thousand dinars in the market, noting that the 50 A category will go soon, while the 100 A class will be in the next year, while confirming that put these two categories will not affect the monetary value of the Iraqi dinar.
He said the Commission's decision Ahmed Haji Rashid in an interview for "light News", that "the Iraqi paper category compared to a few low other categories, for example, that the highest category we have is 25 thousand dinars, compared to the dollar as a class $ 100, the single sheet of paper equivalent to five categories of 25 thousand dinars, Therefore, the Government believes that issued the 50 and 100 thousand dinars categories to avoid this."
And on the date put these two categories, between Rashid, said that "all the procedures and preparations completed and is waiting to be offered to the market and was supposed to raise 50 thousand category in the month of July, confirmed the Governor of the Central Bank, it will go on the market soon, and the 100 A category It will go in the next year."
And about their impact on the monetary value of the Iraqi dinar, he confirmed the decision of the Finance Committee, it "will not affect the monetary value of the Iraqi dinar, as the Iraqi currency is linked to the Federal Balaanaat difficult and gold coins, and these two are linked to the cash value of the Iraqi dinar."