Economic expert called Ahmed, today, Iraqi banks to deal in the same category currency from the central bank to satisfy the need of the market, stressing the need to receive large numbers of the central bank and put it on the market. The said that “most of the banks do not receive a paper currency with a small class (250, 500 and 1000) dinars, the central bank and to go ahead deal out, Maady to scarcity in the Iraqi market. reason for the scarcity of small-class currency in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank. He added: The scarcity of this category resulting in damage to trade, noting that the citizen can replace damaged currency has new ones through banks an easy and legal treatment. The Finance Committee confirmed that the reasons for the scarcity of the currency with small groups to speed damaged, prompt the central bank to print new ones and pull the damaged them to create a balance amount in the Iraqi market categories.
Posted on: Fri, 25 Oct 2013 05:51:47 +0000
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