CBI: 50 thousand dinars currency to will be issued at the end of the year
Saturday, 20 June 2015 12:49
The Central Bank of Iraq (CBI) announced on Saturday that 50 000 dinars of local currency will be issued at the end of this year,
while revealed its request to wait for the issuance of 100 000 dinars currency.
The Governor of CBI said in a joint press conference with the President of the banks Union Wadee Hanthal that "the bank will issue the currency of the higher category, as this subject has been studied from all dimensions."
Al-Alaq added that " the announcement of printing the 50 thousand dinars currency might be at the end of the year," noting that "the 100 000 dinars currency will be released in another time and asked to delay it in order to avoid the occurrence of any inflation."
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Saturday, 20 June 2015 12:49
The Central Bank of Iraq (CBI) announced on Saturday that 50 000 dinars of local currency will be issued at the end of this year,
while revealed its request to wait for the issuance of 100 000 dinars currency.
The Governor of CBI said in a joint press conference with the President of the banks Union Wadee Hanthal that "the bank will issue the currency of the higher category, as this subject has been studied from all dimensions."
Al-Alaq added that " the announcement of printing the 50 thousand dinars currency might be at the end of the year," noting that "the 100 000 dinars currency will be released in another time and asked to delay it in order to avoid the occurrence of any inflation."
[You must be registered and logged in to see this link.]