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View Full Version : “No Deletion of Zeros” from Dinar in 2013



Investors Iraq News
12-19-2012, 01:21 AM
By John Lee.
A member of the Parliamentary Finance Committee has ruled out dropping the three zeros from the Iraqi currency in 2013 because “the ground is not prepared yet”.
MP Majida al-Timimi told AIN:
“The process of deleting zeros from the Iraqi currency in 2013 depends on the nature of the policy of the Central Bank of Iraq’s new governor.
“[The] committee did not received a letter from the CBI about this proposal or postponing it.“
The MP cited fears of counterfeit dinars, resulting in inflation, as one of the reasons for the delay.
(Source: AIN)


Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2012/12/19/no-deletion-of-zeros-from-dinar-in-2013/)

Post your commentary below.

War Eagle
12-19-2012, 03:59 PM
Are you KIDDING me!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Hookie
12-19-2012, 09:36 PM
Ok a member ?

baz
12-19-2012, 09:57 PM
Now thats a surprise isn't it.

Las vegas Kid
12-20-2012, 01:18 AM
Folks we will see..... remember a %10 increase in the value of the Dinar is a big thing.... so not that unusal for them to try and through people off as to when it will exactly happen :).........

guardian
12-20-2012, 01:50 PM
Many forums do not post iraq-businessnews.com news, and consider them unreliable. Not slamming the poster, just the posts.