The central bank responded to Release Notes category 50 000 dinars

Wednesday 25-11-2015 | 1:35:53

Twilight News / CBI response to the remarks made politicians and experts to issue a new category of cash within the Iraqi currency worth 50 000 dinars, adding that he is not linked to the economic situation does not affect the inflation or deflation.

The bank said in a statement responded to Twilight News, he was "gratefully received public comments and some professionals, politicians and the media for banknote which intends to issuance of a class (fifty thousand Dinars)."

"We were pleased with all their content to our belief that this paper captured the attention it deserves and care, and gave us more opportunities to get to know public opinion trends and make appropriate disclosures."

The bank said in its statement that the new banknote will complete the banknote series currently in circulation and will increase its ability to meet the requirements of the public and that the issuance of this class or any other class will not be accompanied by the withdrawal of any class of trading. "

He noted in the framework of the clarifications that the "Print banknote and put it in the trading process (released) are not related to the topic of public spending and not unrelated to state resources or to strengthen their capacity in spending as there was no connection between what is marked by the Central Bank of banknotes, and between the cash version obtained as a result clouds balances of banks has ".

"The issuance of this paper or any paper higher or lower value is not connected with nor impact on the economic situation or influencing inflation or deflation."