Central Bank Announces Its Intention to Issue Coins and Put Coins Larger Than the Existing
|November 23, 2013||Filled under Featured Article|
Future / detect the Iraqi Central Bank, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars.
The governor of the Central Bank and the Agency Abdel Basset Turki, “The Central Bank is currently working in accordance with the tables and under the supervision of specialized committees to issue new coins with large groups.”
And between Turkish that “the largest group of coins that are available now are the (25) thousand dinars and the purchasing power it does not exceed $23, so there is more of a proposal to the Central Bank, to put coins larger than the existing, such as issuing currency up to (50) thousand dinars.”
He Turkish that “the central bank is also working on a version of small coins, the lack of these categories that facilitate the process of dealing and purchase between the citizen and the Iraqi market, which was dealing with the central bank,” noting that “Coins small will be in Arabic and Kurdish.
Related Iraqi Articles-
Iraqi Dinar Investment?
WILL THE IRAQI DINAR BE REVALUED?
Iraqi Dinar: Scam or God-Send?
Central Bank Reveals Details of the Iraqi Currency
Cancellation of “Zeros” from Iraqi Currency Won’t Solve Iraq’s Economic Crisis
Iraqi Dinars: Smart Investment or Smoke and Mirrors?
Iraqi Dinar Revaluation Soon
Iraq Dinar Value Seems Likely To Significantly Increase
The Recent Iraq 2011 Budget May Have Leaked the Coming Currency Revaluation
Buy New Iraqi Dinars and Put Them in a Drawer
Columbus Hooters to Visit Iraq, Kuwa
Iraqi Dinar Trade – What Next After the Revaluation?
The Deletion of Three Zeroes From the Iraqi Currency Is a National Demand
Investing in Iraq- What Investors Have Been Waiting For
Crisis of Fiat Currencies: US Dollar Surpluses Converted Into Gold
Gold Dinar Will End Currency Wars