Directed to re-work coin


Economie

2019-08-18 | 23:47

The member of the Finance Committee, Hanin al-Qadu, Monday, that the use of metal categories and lowered for trading gives a notional value of the currency.

He said in a statement to the official newspaper Al- Sabah, as “during the meetings and discussions with officials of the Central Bank stressed the need to re – work metal currency which was used in Iraq during the past decades, instead of paper , which is damaged and printed in large quantities again.”

He added, “The use of metal categories and their descent for trading gives a notional value to the currency.” He pointed out that “a number of neighboring countries – their exchange rates are very high against the dollar – yet we find that they have a coin in order to preserve the currency and not need to ask for more papers. Cash, especially in small categories. ”

Al-Qadu expressed his surprise at the “policy of the Central Bank, which does not favor the introduction of coins for circulation in the Iraqi market

https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/315469/%D8%AA%D9%88%D8%AC%D9%87-%D9%84%D8%A7%D8%B9%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%B9%D9%85%D9%84-%D8%A8%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9?src=rss&utm_campaign=rss&utm_source=Rss-articles&utm_term=Rss&utm_medium=Rss-315469

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