Central Bank: less than “60” thousand dollars to print paper categories of “50” and “100” thousand dinars
Central Bank: less than “60” thousand dollars to print paper categories of “50” and “100” thousand dinars
18:51 05/19/2015
Manager version in the Central Bank Ihsan al-Yasiri, said the Iraqi Central thousand prints paper of class 25 000 dinars in Arsn international companies at a cost of less than $ 60, noting that the bank will not spend significant financial liquidity for the printing of the new denominations because the cost of a few.
Yasiri He added that “the central bank is serious about printing new cash, which will be categories from 50 categories and 100 000 dinars, which is in the process of selecting designs and printer companies.”
He continued that “the decision Copyright Central Bank’s authority exclusively to that part of the monetary policy, which can not interfere by any party,” stressing that “printed currency project is necessary to modify the structure of the Iraqi banknotes in preparation for the implementation of the project to delete the zeros.”
He pointed out that “the Iraqi dinar is very strong currency but restructuring banknote weak because the currency is the biggest category of 25 thousand dinars, equivalent to $ 22, and this structure makes the weak citizens prefer to deal dinar instead of the dollar.”
waradana.com
