Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Russia aren't taking any prisoners
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
The Central Bank: We will not print a currency higher than 50 thousand I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

The Central Bank: We will not print a currency higher than 50 thousand

Go down

The Central Bank: We will not print a currency higher than 50 thousand Empty The Central Bank: We will not print a currency higher than 50 thousand

Post by RamblerNash Fri Oct 07, 2022 8:45 pm

The Central Bank: We will not print a currency higher than 50 thousand 4813
Update 10/08/2022 - 3:42 AM
  
Economy News - Baghdad

The Central Bank of Iraq confirmed, on Thursday, that the new twenty thousand category will carry high security marks, and while he pointed out that there is no tendency to print a category higher than 50 thousand, he revealed that the volume of money circulating in Iraq is 84 trillion dinars.

Central Bank Adviser Ihsan Shamran al-Yasiri said in a televised interview, "The printing of the new 20,000 dinars denomination is part of the normal monetary practices of the Central Bank and within the framework of reconsidering the structure of the national banknote series."

He added, "This category will be an intermediate currency structure and will be enhanced with high security marks from the latest globally, and will provide an addition to smaller denominations such as the five thousand and ten thousand."

He added that "the denomination of twenty thousand will be of the (standard) size under which the denomination of fifty thousand was printed, and it will also bear Iraqi features, as was done in the currencies that preceded it," noting that "there is no current trend to reprint the current currencies with new copies."

In response to a question about the possibility of issuing higher categories, between Al-Yasiri, that "the 50 thousand category is sufficient at the present time for the upper limit of the Iraqi currency, which is a very strong and sober category and can be used for storage, savings and cash transactions."

He pointed out that "the size of the monetary mass circulating in banks and the public currently ranges between 83-84 trillion Iraqi dinars, and the new issuance of the 20,000 denomination will not change much of the volume of circulation because it will enter into the existing liquidity."

He stressed that "the printing of the new category will not affect the value of the Iraqi currency and will not cause inflation, and the issue of inflation is linked to economic policies and has nothing to do with monetary circulation."

https://economy--news-net.translate.goog/content.php?id=30093&_x_tr_sl=ar&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp

*****************
The Central Bank: We will not print a currency higher than 50 thousand 258310255 
>>>TNTBS's YouTube Channel<<<
RamblerNash
RamblerNash
GURU HUNTER
GURU HUNTER

Posts : 24270
Join date : 2015-02-19

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum