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Iraq new 500-dinar note (B359a) confirmed

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Iraq new 500-dinar note (B359a) confirmed

Post  claud39 on Sat Dec 08, 2018 3:35 pm

https://www.banknotenews.com/index.php


Iraq new 500-dinar note (B359a) confirmed

07 12, 2018 08:20 Category: Middle East



Like B353, but new date and printed name of governor, not signature. 

Courtesy of Nurrulz Gustiputri.
Tags: Iraq



Iraq new 250-dinar note (B358a) confirmed

07 12, 2018 08:20 Category: Middle East



Like B347, but new date and printed name of governor, not signature. 

Courtesy of Nurrulz Gustiputri.


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Re: Iraq new 500-dinar note (B359a) confirmed

Post  claud39 on Sat Dec 08, 2018 3:37 pm

https://www.banknotenews.com/files/tag-iraq.php


Iraq new 1,000-dinar note (B360a) confirmed

30 10, 2018 16:17 Category: Middle East


In October 2018, the Central Bank of Iraq introduced the first three denominations in a new series of banknote designs aimed at modernizing the currency and better reflecting the nation’s heritage and diversity. As part of the redesign, the new banknotes will now feature the governor of the central bank’s printed name instead of his signature.



Courtesy of Musaab K. Ibrahim, Dmitry Svobodin, and Manish Vasan.
Tags: Iraq

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Re: Iraq new 500-dinar note (B359a) confirmed

Post  claud39 on Sat Dec 08, 2018 3:51 pm

https://www.alghadpress.com/news/%D8%A7%D9%87%D9%85-%D8%A7%D8%AE%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85/177333/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B5%D8%AF%D8%B1-%D8%B7%D8%A8%D8%B9%D8%A9-%D8%AB%D8%A7%D9%86%D9%8A%D8%A9-%D9%84%D9%84%D9%81%D8%A6%D8%A7%D8%AA-25000-10000-1


The Central Bank issues a second edition of the categories (25000, 10000, 1000, 500, 250)








- 07 October 18



BAGHDAD / 

The Central Bank of Iraq issued on Sunday its second edition of the banknotes of the categories (25000, 10000, 1000, 500 and 250) dinars, stressing that it will continue circulation of banknotes currently traded from the above categories with the new categories without any intention To withdraw from circulation.



The bank said in a statement received by "Al-Ghad Press" a copy of it, that "for the categories (25000, 10000, 500, 250) dinars, included writing the name of the governor instead of signing the old version, in line with what is now followed in other countries, The Hijri and Gregorian dates were modified to the two dates (1440 H-2018 AD). 

He added: "As for the category of (1000) dinars, the face of the banknote was changed. The slogan" inserting the marshes and monuments of southern Iraq into the World Heritage List "was added instead of the image of the Islamic dinar in the old design. From his signature in the old version and the modification of the Hijri and Gregorian dates to the two dates (1440 H-2018 AD) ".

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Re: Iraq new 500-dinar note (B359a) confirmed

Post  claud39 on Sat Dec 08, 2018 3:54 pm

https://www.alghadpress.com/news/%D8%A7%D9%87%D9%85-%D8%A7%D8%AE%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85/177461/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B5%D8%AF%D8%B1-%D8%AA%D9%88%D8%B6%D9%8A%D8%AD%D8%A7-%D8%AD%D9%88%D9%84-%D9%83%D8%AA%D8%A7%D8%A8%D8%A9-%D8%A7%D8%B3%D9%85-%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%81%D8%B8-%D8%B9%D9%84



The Central Bank issues an explanation on the writing of the Governor's name on the currency


08 October 18









BAGHDAD (Reuters) - 

The Central Bank of Iraq (CBK) on Monday issued a clarification on the writing of the name of the governor Ali al-Alaq on the new currency. 

The Bank's media said in a statement received by "Al-Ghad Press" that "one of the basic functions of the work of the Central Bank of Iraq and provided for in Article IV of Law No. 56 of 2004 amending the issuance of the Iraqi currency and management and as stated in Articles 32 and 33 of the same law where the Central Bank of Iraq Alone without the right to issue currency currency paper and metal for the purpose of circulation in Iraq. "



"Under the regulations, the CBI has the right to determine the categories of paper and metal currencies, their measures, their forms, their material, their content, their weight, their design and other features." 

He stressed that "the banknotes in various countries contain the signature of the Issuing Authority, which is the Governor of the Central Bank. Central banks have always put their signatures on their portfolios in different forms. Some of them put the signature of the Governor in his name, The governor uses the form of the name of the signature with a special sign of banknotes. Many central banks use this combination (the name of the governor by hand) without signing to document the stage of issuance of the banknote.

He noted that "the same formula was signed by the Governor of the Central Bank of Iraq in 1964 and followed the approach of the central banks of Egypt, Saudi Arabia, the UAE, Lebanon, Turkey and others, so the Central Bank of Iraq decided to include the name of the governor when reprinting or issuing any cash, Which found in the signature alone the lack of significance required by the word (governor) on the banknote. 

He pointed out that "the currency committee of the Central Bank of Iraq concerned, has taken this decision for months in accordance with all legal considerations, organizational, technical and international practices."

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Re: Iraq new 500-dinar note (B359a) confirmed

Post  claud39 on Sat Dec 08, 2018 3:59 pm

https://www.alghadpress.com/news/%D8%A7%D9%87%D9%85-%D8%A7%D8%AE%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%88%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85/177686/%D8%AE%D8%A8%D9%8A%D8%B1-%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D8%A7%D8%B3%D9%85-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%B9%D9%85%D9%84%D8%A7%D8%AA-%D9%84%D9%86-%D9%8A%D8%A4%D8%AB%D8%B1-%D8%B9%D9%84%D9%89-%D9%82%D9%88


Economist: The name of the relationship on the currencies will not affect the strength of the dinar and this is important










 10 October 18








BAGHDAD / 

The economic expert Qusay al-Jabri said on Wednesday that writing the name of the governor of the Central Bank Ali al-Alaq on the new currencies will not affect the strength of the dinar, and that is what is important. 

Al-Jabri said in a statement to Al-Ghad Press that "the governor of the Central Bank of Iraq Ali al-Alaq all the powers, where we find that the Iraqi state today mostly by proxy and this is not new and exercise his work normally despite some difficulties faced by the official responsible."




He stressed that "we must pay attention to and care about is the strength of the Iraqi dinar, we find that the signature of the Governor of the Central Bank on the banknote does not affect the strength of the dinar or the Iraqi economy, and this thing, as we know is the practice in a number of countries, including the state Iraq in the past and there is signed by his name frank. " 

He pointed out that "the Iraqi dinar strongly supported today by the currency of the dollar and gold reserves, and that there are many factors exist should be cautious, which is possible to affect the Iraqi economy and we should care about."


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Re: Iraq new 500-dinar note (B359a) confirmed

Post  Scotchie on Sat Dec 08, 2018 4:51 pm

Possible redenomination at a later date.  No revaluation!

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