Economist: project application must delete the three zeroes to serve the citizens and the local currency
Date: 10/05/2012 15:42:39 Friday
Baghdad (news) .. Stressed the economic expert عبدالحسن Shammari, the need to apply the project to delete the three zeroes from the currency because it hurt to serve the citizens and the national currency by reducing the masses of cash with groups large in the local market. (more…)
Use of small change has fallen as prices increase
Vietnamese notes and coins below VND5,000 (US$0.24) in value could die out in the market since price hikes make it hard for people to keep and use them in trading, an economist says.
Goods now fetch high prices, so trading with small change has fallen, Vu Dinh Anh told VnExpress Tuesday.
The report quoted a woman called Ha as saying: “I find small change worth nothing in our daily life, so I don’t want to receive it.”
Chuong, a resident of the capital city, said, “I ask vendors to keep the change of VND500-1000 because I cannot buy anything with it.” (more…)
On: Saturday 07/30/2011 12:20
Economists called for citizens to address the category of small and currency to support the value of the Iraqi dinar, with the exchange of the citizen and the bank accepted responsibility for not traded in the market, while the central bank pledged to replace damaged currency.
A number of experts in their talk (for the Agency news) announced today that a few of these groups have forced some sellers to increase the price of the material sold.
27/07/2011 BAGHDAD – Iraq’s future
Surprised at the appearance of the central bank adviser Mohammed Saleh, a project to change the delay to decide the currency by the executive and legislative branches, saying that the project contributes to the out of economic problems and conflicts in Iraq.
He attributed the reasons for changing the Iraqi currency was the result of inflation happening in Iraq as well as improve the value of the Iraqi currency, called on the government to speed up the feminine in the Iraqi currency and re-structure to facilitate cash transactions and projects.
