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The central bank issues a decision to cover the market need of small monetary categories

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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The central bank issues a decision to cover the market need of small monetary categories Empty The central bank issues a decision to cover the market need of small monetary categories

Post by claud39 Mon Sep 23, 2019 6:38 am

The central bank issues a decision to cover the market need of small monetary categories




23/09/2019





The central bank issues a decision to cover the market need of small monetary categories 17233



Economy News _ Baghdad

The Central Bank of Iraq, on Monday, to cancel the fine shortage of deposits of small categories of banks, attributing the decision to cover the market need of new notes for small cash groups.

"In order to cover the market need of new banknotes for small cash denominations" 250, 500 and 1000, "it was decided to cancel the shortage that may appear in bank deposits of small cash denominations for a limited period," the bank said in a statement received by the Economy News. , Indicating that "it comes to achieve the desired goal of withdrawing the damaged cash currency in circulation."

He added that "the counting and sorting of banknotes damaged for these categories require time and effort from the competent staff for the difficulty of counting in the counting machines."







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The central bank issues a decision to cover the market need of small monetary categories Empty The Central Bank eliminates the fine shortage of deposits of small categories of banks

Post by claud39 Mon Sep 23, 2019 7:16 am

The Central Bank eliminates the fine shortage of deposits of small categories of banks




September 23, 2019





The central bank issues a decision to cover the market need of small monetary categories Article-156921897982733










In its endeavor to cover the market need of new banknotes for small cash categories (250, 500, 1000), the Central Bank of Iraq decided to cancel the fine that may appear in the deposits of banks licensed by this bank of small cash categories and for a limited period, in order to achieve the desired purpose of withdrawing the currency Damaged in circulation
 

The bank would also like to show that the counting of banknotes damaged for these categories requires time and effort from the competent staff for the difficulty of counting in the counting machines.
 

Central Bank of Iraq
information Office
2019/9/23






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