Parliamentary economy reveal the 50 thousand dinars coin put into the market this month

Parliamentary economy reveal the 50 thousand dinars coin put into the market this month



Since 07/01/2015



A commission of economy and investment representative, Wednesday, for the new currency launch of the 50 class thousand dinars to the Iraqi market during the current month.

He said committee member Najiba Najib's / scales News / "The central bank will present the new category of coin fifty thousand dinars to the Iraqi market during the current month after the completion of all their actions."

Najib added that "the other category of 100 000 dinars will go after the launch of the 50 category Alaracqa thousand dinars in the market for a while Alasthoudarat and procedures for that category is complete and make sure of their advantages and disadvantages."

This "revealed the Central Bank of Iraq, his request to wait for the issuance of class 100 000 dinars, noting that the issuance of 50 thousand dinars category of the local currency will be the end of this year" .anthy / 29 / d 24


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He said committee member Najiba Najib's / scales News / "The central bank will present the new category of coin fifty thousand dinars to the Iraqi market during the current month after the completion of all their actions."

Najib added that "the other category of 100 000 dinars will go after the launch of the 50 category Alaracqa thousand dinars in the market for a while Alasthoudarat and procedures for that category is complete and make sure of their advantages and disadvantages."

Najib has no clue what she is talking about as usual ! I call BS on this one , see the article below and the 2 below it also . States clearly that the 50 k note will be at the end of year. ! Watch the CBI  ! I'd be shocked if they came out this soon

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The central bank's "Tomorrow Press:" the project to delete the zeros will be applied beginning of the year 2017

2015/06/25 16:05

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Tomorrow Press / BAGHDAD: The governor of the Iraqi Central Bank, on Thursday, that the project to delete the zeros will be implemented in early 2017, indicating that the Bank embarked on the development of the first steps of the project. Keywords and said for "tomorrow Press", "The goal of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency ", he returned him as" that strategic project will serve the country's economy. " He added that "the Bank is working on the mechanisms used to implement this project is expected to start by the beginning of 2017," noting that "the central bank began the first steps for the project through the selection of designs, companies and the country that will be done printed currencies ". He pointed out that "the introduction of new currency does not mean the destruction of the old currencies, but it will continue to trade to about ten years," pointing out that "this period will enable the central bank to withdraw the old currency in accordance with the mechanisms will maintain market liquidity. " The Finance Committee in the House of Representatives earlier revealed, (August 15, 2013), the postponement of the process of removing zeros from the currency until after the next parliamentary elections, while confirming that the government is demanding guarantees for non-substituent currency return to markets and forgery. The Central Bank of Iraq confirmed, in the (April 25, 2013), that there is no intention at this time to restructure the currency and delete the three zeroes of them, denying the reports in this regard. It is noteworthy that the General Secretariat of the Council of Ministers announced (April 12, 2012), for the wait in the application of the process of deletion of zeros from the national currency and that require action to stop all associated with the operation mentioned until further notice. It is noteworthy that some economists believe that Iraq is not formatted for the time being for the deletion of zeros from the dinar, pointing out that the deletion needs to be a security and political stability as well economic stability.

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thanks timmy

I think I'm gonna set my Dinar clock to about 2019....and just gas up my RZR and go do some burnouts and jumps until then.