Subtract category 10 thousand new security precaution and to re-structure the expectations of the Iraqi currency
Financial Expert: Subtract category 10 thousand new security precaution and to re-structure the expectations of the Iraqi currency
The new currency and old
Tomorrow’s Press / Baghdad: expert considered the financial Abdul Majeed pink, on Thursday, asked the CBI class 10 thousand new edition is a security precaution fast, there is expected to be re-structure of the Iraqi currency.
Said Pink’s “Tomorrow Press,” “After the emergence of cases of fraud to a number of currencies Iraqi particularly in the category of ten thousand had on the central bank printed new currency and technical specifications and security difficult to forge, and put up for trading with taking into account currency trading earlier in order to prevent disrupting the market and the citizen two currencies “.
He added pink that “central bank’s move ambitious in order to keep the money supply and the lack of complexity and maintaining the position of the Iraqi dinar from any process you want to harm it,” noting that “the former currency of class 10 thousand will be gradually withdrawn from the market through Iraqi banks and banking companies and citizens where when you bid farewell to any amount of class 10 will be damaged thousands of ancient and non-trading replay again and replaced by the new. ”
He predicted pink that “the central bank readmission structural Iraqi currency by introducing a new edition of the Iraqi currency in different categories ie there would be a new category and edition Amina and garden to the category of (250, 500.1000, 5000.25000), in order to avoid any fraud.”
The central bank announced Thursday (September 11, 2014) announced the launch of banknotes and a ten thousand dinars new in the local market, while stressing the continued circulation of the two categories in the market.
And carrying a class ten thousands of new form factors of safety against forgery and damage, as well as change the image of the Arab world, al-Hasan ibn al-Haytham and replace the Liberation Monument in central Baghdad, and also contains what is known as a transparent window printing technique currencies ultra-precision.