Iraq’s new currency
Said a member of the Finance Committee of the Iraqi parliament that the new currency will enter circulation in the markets and will be taken a thousand dinars from the citizen for one dinar.
She Najiba Najib Albamrna member of the Finance Committee in the Iraqi parliament that the new currency will enter the circulation from the beginning of the year 2013 and will be removed Asfarha “and will enter the dinar metal and 50 dirhams and 25 dirhams market and will be replaced by the dinar per one thousand dinars, and will be the 25 thousand dinars to 25 dinars.” .
It confirmed that the language “Kurdish, Arabic and English” will be on the currency will be charged images of the resorts and the deportation of the Kurds of Kurdistan, but the deal Faili old currency will continue for a period of two years from the issuance of new currency.
According to Najeeba “I have been diagnosed with a number of European companies and U.S. for the work of the new currency and to avoid fraud and will be approving the budget of 2013 on the basis of the new currency.”
There have been changes to the post-2003 Iraqi currency are translated to 1000 dinar dinars were printed like the old currency.
After entering the circulation for nearly ten years face many of the economics profession, criticism to increase the zeroes on the currency and considered a reason for rise in prices in the markets and lack of appreciation of the currency of other countries, and decided to Parliament and the Central Bank of Iraq to change the currency to what it was without the zeros.