Financial representative denies addressed Iraqi currency change

by Guest Sun Jun 26, 2011 11:02 am

Financial representative denies addressed Iraqi currency change
26/06/2011 10:48

Financial representative denies addressed Iraqi currency change Cms-image-000030495

Sulaymaniyah, June 26 (aknews) – she is a member of the Finance Committee of the Iraqi Council of representatives, the Committee did not go so far to the question of changing the Iraqi currency.

Najib nagiba explained to Kurdistan News Agency (aknews) that "no talk yet of the parliamentary Finance Committee, on the question of changing the Iraqi currency, having met before with the Iraqi Central Bank Governor and Minister of finance, and there have been discussions in this regard so far."

Nagiba followed that "Iraqi dinar exchange rate compared with the US dollar was stable at present, the Central Bank of Iraq can maintain the stability of the dinar against the dollar."

"The currency change would not cause a rise in the value of aldinaralaraki, and there are a number of accounting procedures, the Central Bank should take in order to stabilize the exchange rate of the dinar, including buying and selling bonds, and dealing with global banks in various countries."

In order to obtain additional information on this topic, I tried (aknews) contact the Iraqi Finance Ministry Undersecretary, but almmhaolat failed to connect.

Long is modern in the Iraqi media on change currency, issuing a new currency, and there are changes to a new Iraqi currency, including removal of zeros, and the inclusion of Kurdish language along with Arabic.

He was Adviser to the Iraqi Central Bank, said Saleh's appearance in the earlier statement (aknews) "Central Bank Street decided to implement a long-term strategic project for the restructuring of the Iraqi currency and currency system in the country."

"The Central Bank started raising the Iraqi dinar, the currency of a large category equivalent to the value of us $ 100, and is likely to contribute to bridging the economic vacuum in the country's financial system." Stating that "project is in progress, and needs the support of the Government and the House."

He IMF last August, during the implementation of a number of economic measures, supported the Iraqi economy by privatizing the banks, and remove the zeroes of the Iraqi currency, and the granting of loans and compensation.

And several changes to the Iraqi currency, most recently in 2004, after having rejected the currency which had belonged to the era of the former regime.

By dilshad Saifuddin, see: fulfilment zangana

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.aknews.com%2Far%2Faknews%2F2%2F248581%2F