The Central Bank refuses to distinguish between categories of banknotes and prepares a legal violation

The Central Bank refuses to distinguish between categories of banknotes and prepares a legal violation



Saturday 21 April

Alsumaria News / Baghdad
The Central Bank of Iraq refused on Saturday to distinguish between categories of banknotes, considering discrimination a legal violation.

The Central Bank said in a statement received by Alsumaria News a copy of it, "Iraqi banknotes homogeneous in various categories and the power of absolute absolutism and are accepted by the Central Bank and its branches, banks, institutions and the public."

"The distinction between categories by imposing a certain category on the public or refusing to accept a certain category is unacceptable and is contrary to law," the central bank said.

The current Iraqi currency consists of seven categories: 250 dinars, 500 dinars, 1000 dinars, 5,000 dinars, 10,000 dinars, 25,000 dinars and 50,000 dinars, and the coins were withdrawn by the bank for non circulation by the public.

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