Monday 19 March 2012

Economic parliamentary: the contract with four international companies for the printing of new currency

BAGHDAD - and babysit - A member of the Economic Commission Mahma Khalil, for contracting the Iraqi Central Bank with (4) known international companies for the printing of new currency for the printing of the new national currency after you delete the zeros of which, describing the project to delete the three zeroes from the currency as "successful" and the time is ideal for replacing .

Khalil said in Tsrichh news: The project to delete the three zeroes from the local currency is one of the important projects and at all levels, whether economic or security for the country, pointing out that the program issue by the Central Bank a good time to replace the currency ideal, which will be early next year.

He pointed out: that the central bank has contracted with (4) well-known international companies, and solid in the field of international currency printing, without giving their names or nationalities, saying: The time is still too early to announce the nationalities of those companies.

Khalil added: that the new currency will be a high specification and have the properties of security is very high is not as easy to be forged, in addition to the central government has (25) a device with allergic high and marked new currency counterfeit of good as well as import (25) other devices by the central bank to detect counterfeit currency, calling for attribution and support this project because it will reform the Iraqi currency by reducing the money supply raised in the local markets.

Khalil said: that the new currency will consist of the categories (1, 2, 5, 10, 25 and 50, 100, 200) dinars, as well as small metal groups (50 and 250) fils ... p / i