Economic – The Central Bank of Iraq, on Tuesday, he is about to finish the project raise three zeroes from the currency, noting that the project is considered strategic, and submitted to the Council of Ministers and legislators if completed.
The central bank adviser said the appearance of Mohammed in an interview for “Alsumaria News,” This project will reduce the cost of transactions and reduces the carry cash, adding that Iraq is on the verge of producing 6 to 12 million barrels of oil and this will impact on the development and raise the value of the Iraqi dinar.
He added that the bank has achieved three things during the last stage, as the first building reserves from zero to $ 50 billion, within the past five years to reduce the basic inflation rate from 34% to 4 or 3%, and achieved stability in the Iraqi dinar exchange.
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