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The central poses large amounts of small currency

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ikea


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http://www.alsabaah.iq/ArticleShow.aspx?ID=162929

The central poses large amounts of small currency

10/9/2018 12:00 am

Confirmed its continuation by replacing the damaged amounts

Baghdad / Al-Sabah

The Central Bank of Iraq intends next month, to put large amounts of local currency, small groups, while continuing to receive the currency damaged by citizens and replace it New.

The Governor of the Bank, Dr. Ali Alalak in a meeting with the "morning", will be published later: "The Central Bank of Iraq, the development of a plan to compensate the market small categories of local currency, as will be next month large quantities and huge ones," noting that

"Will meet the local market need for these categories Of the currency".

He added that "the bank continues to receive local currencies damaged by citizens and replace them with new currencies," revealing at the same time, "the existence of a specialized committee to examine the damaged papers to ensure the safety of fraud Manipulation."

tlm724

tlm724
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Will be interesting to see how "Small" the notes are but I suspect they are the 250 and 500 dinar notes that the CBI Director of Financial Operations talked about replacing. See here:

Dagher: $ 58.7 billion in Iraq's hard currency reserves and 89 tons of gold

https://www.bondladyscorner.com/t194732-dagher-58-7-billion-in-iraq-s-hard-currency-reserves-and-89-tons-of-gold


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