{ And another version} Central Bank: partnered with a British company to replace damaged currency with new ones

Central Bank: partnered with a British company to replace damaged currency with new ones
27/10/2012 14: 26: 00
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The Central Bank announced, Saturday, from his contract with a British company to replace damaged currency with a new, pointing out that the replacement process will be early November next

Deputy Central Bank Governor Mohammad Saleh appearance in a press statement the Bank has contracted with a British company responsible for printing currency to print small groups and are the 250 dinars, 1000 dinars for the purpose of replacing damaged with a new ", stating that" this company is one of the big companies that prints nearly 60% of the coins of the world ".

Saleh said "November will begin replacing damaged currency with a new small groups," he said, adding that "all these bad currencies constitute only 1 percent of the currency in circulation, which are many but the few worth".

Citizens suffer from the difficulty of small groups of procurement markets due to damage and rupture most especially both the 250 and 1000 dinars.

The Central Bank blamed earlier administrations banks responsible for the damaged currency markets, warning of fines on non-cooperative banks amounted to a stop.


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stating that" this company is one of the big companies that prints nearly 60% of the coins of the world ".

I believe this is a reference to the Royal Mint which only mints coins not paper currency. jmo


The Royal Mint is the body permitted to manufacture, or mint, coins in the United Kingdom. The Mint originated over 1,100 years ago, but since 2010 it operates as Royal Mint Ltd, a company which has an exclusive contract with HM Treasury to supply all coinage for the UK.[1] Royal Mint Ltd is 100% owned by HM Treasury, though the latter delegates shareholder responsibilities to the Shareholder Executive.

As well as minting coins for the UK, it also mints and exports coins to many other countries, and produces military medals, commemorative medals and other such items for governments, schools and businesses, being known as the world's leading exporting Mint.
http://en.wikipedia.org/wiki/Royal_Mint