Economics
Central Bank of Iraq to print IQD50K currency
The parliamentary economic and investment commission said that the Central Bank of Iraq (CBI) cannot delete the zeros due to the unstable economic situation, as pointed out that the bank will solve these problems and will print new financial banknotes worth IQD50K. “The commission hosted the CBI director, Ali al-Alaq and they discussed issues concerning the provision of liquidity and increase demand for the dollar as well as the disparity in the exchange rate,” The commission’s member, Methaq Hamdi, stated in an interview. (Shafaq News)
Source: http://english.shafaaq.com/business/14240-central-bank-of-iraq-to-print-50-000-dinars-currency.html
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