Financial Committee Member: Central Bank told us lifting of the zeroes will start in 2014

Posted by on Nov 18, 2013 | Leave a Comment

a member of the parliamentary Finance Commission Abdul Hussein Al-yasiri, the Bank informed the Committee that he would try to raise zeros from the currency beginning in 2014.

Al-yasseri said that “the decision to lift the zeroes will significantly reduce cash quarter blocks, which coincides with the rise in value of the Iraqi dinar.”

Al-yasseri said the Central Bank is required to accelerate the implementation of the decision to lift the zeroes, to minimize problems that occur due to continued current currency.

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