Iraqi Dinar Discussion Board

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hilighted from article---Economic event: the currency and prices

Where were smaller cash currency in circulation large numbers as in the (250) Dinara, citizens found themselves obliged to deal on the basis of this large amount, as the smallest unit of cash between currencies that are being dealt with. Thus, any increase occur on any commodity or commodity or service, but --- begin this unit cash, they directly intervene in politics price traded daily, which imposes itself, on this unit is determined by the cash prices of daily consumer goods in particular, especially In conditions which do not stop the market from moving vertically whenever there Hamsaa clothing or affect the market Abeche.

And therefore invites citizens to complain of price rises, is customary among specialists and concerned b (inflation).

.. What is happening in what is not in daily consumption, where necessary needs of large inescapable be provided, with prices increasing at rates of up to the currency union between five thousand and ten thousand, even hundred thousand, and more, the largest increase whenever the stakes good or Goods, especially with the presence of (corruption) and spending on Hogerdharori or essential and which is Tbaziria Aotervia compared to other Mmaho duty to act or reformed and developed.

That is what leads to not only to inflation but to daring as the base currency in the work of any pricing policy.

Hence, the demand for application of the foundations must be done, attracted attention towards the close scrutiny to avoid the other in the process of economic gaps Aotkatat or harmony side by side claim the division of small monetary unit, which is here of 250 dinars, to the units getting smaller.

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