04 February 2013
BAGHDAD: The General Secretariat of the Iraqi Cabinet did not expect that the Iraqi currency will be changed or cancelling the three zeros at this time.
BAGHDAD: The General Secretariat of the Iraqi Cabinet did not expect that the Iraqi currency will be changed or cancelling the three zeros at this time.
Secretary General Ali Muhsin Ismael said that the government is trying to increase the value of the dinar to the US dollar.
He added that cancelling the zeros is "not of priority to the government".
Ismael expected that the Iraqi dinar value is expected to be increased in comparison to US dollar, due to the increase in the reserves in the Central Bank of Iraq which reached to 65 billion dollars.
He pointed out that the government is trying to reach the level 1000 Iraqi dinar as equivalent to one US dollar.
© Aswat Aliraq 2013
