CBI decides to develop coins in his plan to restructure the currency

CBI decides to develop coins in his plan to restructure the currency

An adviser to the CBI, on Saturday, that part of the restructuring plan currency and banking development coins for trading financial banking to support the Iraqi economy.

The appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "the central bank decided to introduce coins as part of his plan to restructure the currency, which require the approval of the government and the House of Representatives because it is a strategic plan will help support the value of the Iraqi dinar in the trading of Finance."

He added that "the draft coins in 2004 was not successful because he has not been as comprehensive reforms to support the financial value of the Iraqi dinar in the global market."

He pointed out that "the coin is not a low currency, but would be of currencies important medium and used for trading banking simple business transactions at home."

He declared the Iraqi Central Bank in June 22 last he decided to restructure the local currency in order to develop a system payments in the country. He expressed the IMF in August / August, his support of the Iraqi economy in the event of having a number of economic measures including the privatization of banks and raise three zeroes from the local currency and to meet debt and compensation is the responsibility of Iraq.

The Iraqi government has denied conducting any change to the The local currency this year to reduce inflation.......

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