Archive for December 8, 2013

For fear of confusing the Iraqi market .. Central Bank of retreating from the deletion of zeros and the issuance of a new currency

Stressed the central bank, yesterday, his inability to delete the zeros of the Iraqi currency, or add new banknotes, for fear of confusing the Iraqi market.

As confirmed by a parliamentary committee that it “supports the decision of the bank, which was taken in consultation with the Council of Ministers,” to protect the stability of the Iraqi market. (more…)

CBI Confirms Its Inability To Delete The Zeros Of The Iraqi Currency

December 8, 2013
Baghdad: Iraq News Network – The Central Bank of inability to delete the zeros of the Iraqi currency, or add new banknotes, for fear of confusing the Iraqi market. (more…)

Economic

08-12-2013 08:14 AM
Baghdad (newsletter). The Commission invited the parliamentary economy and investment, the need to use international experience and global organizations to develop the banking system, according to developments in global banks.

The Rapporteur of the Committee, said MP mahma Khalil (News Agency): the Iraqi banking sector still suffers from a significant failure on developments in global banks, noting that the development of the banking system is indispensable for boosting the national economy. (more…)