Flashback 8/2012: Finance Committee Member says CBI decided to launch new currency in July 2013 instead of January 2013

Posted by on Oct 27, 2013 | Leave a Comment

A member of the parliamentary Finance Committee, a coalition of law Haitham al-Jubouri said “the central bank decided to launch the new currency in the 7/1/2013 after postponing the launch in 1/1 of the current year.

 

Jubouri said in a statement singled out by the reporter and news news agency (et) that the Finance Committee in the House of Representatives in favor of this proposal, however this approach because we believe that the purchasing value of the Iraqi dinar, inflation and money laundering will cease in case of currency exchange.

 

“If the currency was replaced and increased the value of the Iraqi dinar will be the demand for hard currency lower. Noting” that the distinctive character of the currency the next smaller size and increase the value of purchasing and if those values are available in Iraqi currency there was no inflation.

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