Central To Discuss With The New Currency Of International Designs And Categories

Searching the Finance Committee of Deputies in the next week an interview with representatives of the central bank within the bank several axes, most notably the design of the new currency and categories.

The Central Bank of Iraq runs a currency exchange and contribute to the Finance Committee in its work through the selection of designs of currency and various measures as have the power to oversight.

A member of the Committee and MP for the Liberal bloc Majida al-Tamimi said that “The Committee will meet with central bank governor, Sinan Shabibi, to complement the themes that were presented to them,” adding that “the Commission addressed the procedures for switching currency, design, categories, and the safety factor, and discuss measures to control the switch currency” .

According to a member of the Finance Committee that “the Commission will be on a visit to the Central Bank next week, the exchange value of the dinar against the dollar and so on.”

Continues the central bank steps to remove three zeros from the currency, which demanded the government to wait changing money until another time, and the bank had noted at the time of prior to his intention to put the new currency in early 2013.