Central Bank: the issuance of 50 thousand dinars will not be accompanied by the withdrawal of any class of trading

Author: ASJ, HH
Editor: HH, NS

2015/11/25 13:19

Long-Presse / Baghdad
The Central Bank, said on Wednesday that the issuance of 50 thousand dinars category will not be accompanied by the withdrawal of any class of trading, and pointed out that the development of banknote in circulation unrelated to state resources, as he emphasized that the issuance of this paper will not affect the country's economic situation.

The central bank said in a statement received (range Press), a copy of it, 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 is acquired It deserves the attention and care, "noting that" this paper has given more opportunities to learn about trends in public opinion and make appropriate disclosures. "

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

The statement continued, "The printed 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," stressing that "there is no link between what is marked by the Central Bank of banknotes, and between the cash version achieved as a result of withdrawals from banks balances has. "

It pointed out that "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."

The Central Bank of Iraq, announced on Wednesday the (11 November 2015), for the issuance of banknotes category (50) thousand dinars, and as pointed out that the new category is dominated by light brown with included a number of security and technical marks, stressed that the The paper included photographs planning to paddle wheel and Euphrates marshes of Iraq.