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Central Bank «postponed» the launch of the «50 Alpha» until next year

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wciappetta
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Central Bank «postponed» the launch of the «50 Alpha» until next year

Post by wciappetta on Wed 25 Nov 2015, 7:05 am

Central Bank «postponed» the launch of the «50 Alpha» until next year
 
 
 

Baghdad, Mohammed Hadi  
is heading the Iraqi Central Bank to postpone the launch of the 50th class thousand dinars for reasons organizational according to informed sources.
 


[b][b]
 The central bank announced earlier this month issued a new banknote category fifty thousand dinars, attributing this to the completion of the Iraqi banknotes structure and the development of high-class value in the trading. 
[/b][/b]


 
and told Informed sources from within the central bank correspondent "the world", said on Monday that "the central bank for the release of a class of 50 thousand dinars until early next year for special reasons the process of issuing new currency in the local market organization."  



 The sources added, that "the central had intended his staff the distribution of salaries for this month in the new currency, but the wait the decision came as a surprise to prevent that.  

[b][b] 
"The effects of the announcement of the new monetary Category sensation in economic circles, as counted specialists in financial affairs gateway to the heights chronic inflation and the beginning of a great weakness in the local currency value , while others say it will contribute to facilitating business transactions and pave the way for the process of deleting the zeros and the withdrawal of the small coins. 
[/b][/b]

[b][b]
 The governor of the Central Bank on the Keywords during a press conference yesterday that "the Central Bank is facing different pressures." 
[/b][/b]


 Keywords and added that "print currency fifty thousand dinars do not lead to inflation or raise prices, "pointing out that" the currency came against the currencies damaged that it was printed as well as to respond to the requests of the Iraqis in terms of trading and transfer money the fact that the recent currency category 25 thousand low compared to the existing monetary mass. "    
[url=http://www.alaalem.com/index.php?news=%C7%E1%C8%E4%DF %C7%E1%E3%D1%DF%D2%ED %AB%ED%C4%CC%E1%BB %C5%D8%E1%C7%DE %C7%E1%DC %AB50 %C3%E1%DD%C7%BB %CD%CA%EC %C7%E1%DA%C7%E3]http://www.alaalem.com/index.php?news=%C7%E1%C8%E4%DF%20%C7%E1%E3%D1%DF%D2%ED%20%AB%ED%C4%CC%E1%BB%20%C5%D8%E1%C7%DE%20%20%C7%E1%DC%20%AB50%20%C3%E1%DD%C7%BB%20%CD%CA%EC%20%C7%E1%DA%C7%E3%20%C7%E1%E3%DE%C8%E1&aa=news&id22=34114[/url]


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wciappetta
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Re: Central Bank «postponed» the launch of the «50 Alpha» until next year

Post by wciappetta on Wed 25 Nov 2015, 7:09 am

Now this report isn't an official source but it's interesting. If it  proves true it might mean the circulation level might be better inline with expectations than previously thought.


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Re: Central Bank «postponed» the launch of the «50 Alpha» until next year

Post by sassy on Wed 25 Nov 2015, 7:48 am

Okay so who started the process of releasing the 50,000 note?  Allak?  Doesn't seem like it was a plan Shababi would start then cancel to me, just saying hum

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Re: Central Bank «postponed» the launch of the «50 Alpha» until next year

Post by sassy on Wed 25 Nov 2015, 8:12 am

But I am a slow learner so if anyone does know I would really appreciate any thoughts on this. I guess I'm just wondering why Allak is still there!! duck

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Re: Central Bank «postponed» the launch of the «50 Alpha» until next year

Post by jbowhunter on Wed 25 Nov 2015, 9:22 am

Hmmmm interesting.  I'm really shocked to hear that this would be delayed.  Nothing in Iraq is ever delayed.

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Re: Central Bank «postponed» the launch of the «50 Alpha» until next year

Post by fonz1951 on Wed 25 Nov 2015, 9:52 am

@jbowhunter wrote:Hmmmm interesting.  I'm really shocked to hear that this would be delayed.  Nothing in Iraq is ever delayed.

i know, right? they should change their name to delayed. on the one hand it's frustrating, but, on the other hand it's kinda funny.  lol!

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