Iraqi Dinar Discussion Board

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Central Bank of the lack of an intention to raise three zeroes from the Iraqi currency
April 4, 2010 · Posted in NEWS · Comment

03 April, 2010 ????? – ?????

Huda – Baghdad

Asptad Central Bank of Iraq that are currently raising three zeros from the Iraqi currency to reduce inflation suffered by the Iraqi economy.

And Central Bank President Shabibi there rational solutions to be adopted by the World Bank and the Finance Ministry to reduce inflation gripping the country, pointing out that inflation was due to the misuse of funds by some of the important governmental institutions.

Shabibi said that the process of deleting the zeroes at the current currency degenerate put the Iraqi dinar, as it would lead to a reduction in the level of selling the U.S. dollar more than it is now