MP Rules Out Deleting Zeros from Currency Soon

By John Lee.

Iraqi MP and member of the Parliamentary Economic and Investment Committee, Nahida al-Dayni, has ruled out deleting the zeros from the Iraqi currency soon.

Speaking to All Iraqi News Agency (AIN), she said:

The process of deleting the zeros from the Iraqi currency will not be done soon due to the lack of security and economic stability in Iraq, in addition to the lack of the required observatory role and the reduction of the IQD to the USD.

“The increase and decrease of the prices are related to the regional situation … The possibility of fixing the price of the USD to keep the same ratio of the IQD in the local markets.

Previously, the Council of Ministers decided to postpone the process of deleting the zeros from the Iraqi currency until further notice.

(Source: AIN)

2 Responses to MP Rules Out Deleting Zeros from Currency Soon

  1. Daddy WarBux October 27, 2012 at 4:49 pm #

    Iraq Govt = Keystone cops. What a bunch of empty suited wastes of space… I’m beginning to think that we should have just turned that place into a sheet of glass and been done with it….. Useless…Completely useless to their own citizens….. Great job keeping your own people in the stone age.

  2. ThorOfAsgard October 27, 2012 at 9:03 pm #

    Been saying that for the last year, we should’ve just leveled the place. The men in power are nothing but greedy, crooks that dream about controling their country with an iron fist! What in the hell is wrong with our government? Why do our tax dollars continue to end up in Iraq? For what? The hopes that we can deal for oil? Screw them, we should just take it for services rendered!