As of today .. Central Bank eliminates the category of 50 dinars

As of today .. Central Bank eliminates the category of 50 dinars

01-03-2015 03:57 PM

As of today - Central Bank eliminates the category of 50 dinarsCentral Bank of Iraq announced the start replacing the coin 50 dinars as of this March after his decision to drag.

He added that the bank “Due to stop the public from trading cash paper category 50 dinars, he decided to withdraw this banknote trading based on the powers vested in Article 36 of the Bank Act No. 56 for the year 2004 “,” The banks and their branches will start replacing these banknotes presented to it without a fee or commission, and will be deposited with the bank and its branches for the purpose of restricting the corresponding value in the accounts we have. “

He said, “how long will the banknotes replacement will begin the first of until March 30 of next April, “he said, adding that” the end of the replacement period will be banknote void and have no discharge power will not be accepted in Iraq. “

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