Economist: 50 Thousand category did not affect the "inflated" prices in local markets
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    Economist: 50 Thousand category did not affect the "inflated" prices in local markets

    Economist: 50 Thousand category did not affect the "inflated" prices in local markets



    01/06/2016 20:41 pm (Baghdad time)

    Special - scales News
    He stressed the economic expert contrary goldsmith, Wednesday, that the 50 000 dinars category did not affect the inflation of prices in the local markets, among that the main purpose of the exchange is to facilitate the process of financial exchange cash only.

    He said the goldsmith's / scales News /, that "the trading category 50 000 dinars did not affect the local market in terms of prices," stressing at the same time that "the fundamental goal of this class is to facilitate the exchange of financial cash process."

    He said economic expert, "we are still in Iraq are dealing with cash, transfer money and use sophisticated means," noting that "why not use these means banks is poor management and services and the lack of development and lack of confidence of the citizens of these banks."

    It was "the Iraqi Central Bank had announced earlier, that the issuance of 50 thousand dinars category will not be accompanied by the withdrawal of any other category of trade, pointing out that the issuance of this class or any other class does not affect the inflation and deflation." It ended 29/34 R.

    So far we have only seen pictures of these 50K notes. I know some of the folks on the DU Chat for standing orders for these and nobody has received one. I am not convinced that these will ever see the light of day. In any case if they are planning on releasing them do it already. -LOOP

    http://www.mawazin.net
    Last edited by Loopback; 01-06-2016 at 07:30 PM.



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