Parliamentary Economy: the category {50} thousand dinars do not cause any inflation, and there is an intention to issue less than a {250} dinar currency
2015/11/20
16:07
{Baghdad: Euphrates News} saw a member of the Parliamentary Commission of Economy Najiba Najib that the category {50} thousand dinars to cause any inflation, and there is an intention to issue less than a {250} dinar currency.
She said Najib told {Euphrates News} on Friday that "the issuance of a class of {50} thousand is a good step but not cause Tkhaddm in the market because the issue of inflation dominated by the central bank," indicating that "the Iraqi currency lacked the large and small currencies".
She added, "If we compare ourselves neighboring countries, the Iraqi currency need to improve and develop and strengthen where there is an intention to print currency the {100} Elf but has been postponed until further notice, as has been done the {500} new dinars design and there is an intention to issue coins less like fifty dinars for the benefit of the citizen.
"The bank CBI had announced earlier in the issuance of new banknote category fifty thousand dinars in order to complete the Iraqi banknotes structure, and the development of high-class value in circulation.
It is noteworthy that the parliamentary Finance Committee announced earlier that the Central Bank of Iraq in connection with the introduction of new process 100 class dinars Elf after the issuance of 50 thousand dinars .anthy category
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