posted on Sep, 10 2011 @ 11:08 AM
Here is some interesting news I found.
Central Bank reveals details of Iraq’s new currency
Posted: August 30, 2011 by THE CURRENCY NEWSHOUND - Just Hopin in Iraqi Dinar/Politics
Tags: Central Bank of Iraq, Currency, Economy of Iraq, exchange rate, Iraq, Iraqi dinar, Monetary policy, President of the United States
The central bank of Iraq, Tuesday, that the new Iraqi currency will increase by three zeros, indicating that he had conducted an extensive study
concluded that the lifting of the zeroes will strengthen the value of the Iraqi currency.
The deputy governor of Central Bank of Iraq in favor of the appearance of Mohammed in an interview with “Twilight News” that “the central bank
is determined to raise three zeroes from the currency of the new Iraqi and presented its project to the government and the House of Representatives,
is awaiting the government’s decision and the Council of Representatives.”
Shows the economists, that the process of deleting three zeros from the Iraqi currency will raise its value, and to increase the purchasing power of
citizens, pointing to the need to follow the policies of peaceful citizens and to persuade them to get used for a period not exceeding two years.
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