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More than one billion and 277 million banknotes "damaged" in the Central Bank
2017/04/09 13:07
Baghdad / detection circuit version and the Treasury in the Iraqi Central Bank director Abdul Abbas Khalaf, on Sunday, the presence of more than one billion and 277 million banknotes damaged were withdrawn from the market, warning of the "administrative and financial burdens" consequences of this.
Khalaf said in an interview, in response to a question about the currency damaged by fire or poor storage of citizens compensation mechanisms, "We hope that the citizens do not keep large amounts in homes or buried in the ground, and to do instead deposited in the banks, as the process of replacing the currency burned or damaged central bank administrative costs and financial burdens Colva unwarranted. "
And that "the bank is to receive citizens whose savings in Iraqi currency to fire accidents, provided that they are documented by the Civil Defense Department, and have come from the project," he said. "In terms of currency (buried) are simply a statement on the sources of these funds, and in this regard, we call citizens not to accept the mediation of any party to replace the Iraqi currency because the bank does not receive any commissions in exchange for replacing. "
He explained behind "the number of banknotes unfit for circulation deposited with the Central Bank, amounted to one billion and 277 million and 49 thousand and 543 banknotes of various categories, where they are compensated from the stored banknotes have this bank," adding that "the number of banknotes printed by the Central Bank , it amounted to 11 billion and 615 million and 265 thousand and 154 cash paper of different categories. "
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2017/04/09 13:07
Baghdad / detection circuit version and the Treasury in the Iraqi Central Bank director Abdul Abbas Khalaf, on Sunday, the presence of more than one billion and 277 million banknotes damaged were withdrawn from the market, warning of the "administrative and financial burdens" consequences of this.
Khalaf said in an interview, in response to a question about the currency damaged by fire or poor storage of citizens compensation mechanisms, "We hope that the citizens do not keep large amounts in homes or buried in the ground, and to do instead deposited in the banks, as the process of replacing the currency burned or damaged central bank administrative costs and financial burdens Colva unwarranted. "
And that "the bank is to receive citizens whose savings in Iraqi currency to fire accidents, provided that they are documented by the Civil Defense Department, and have come from the project," he said. "In terms of currency (buried) are simply a statement on the sources of these funds, and in this regard, we call citizens not to accept the mediation of any party to replace the Iraqi currency because the bank does not receive any commissions in exchange for replacing. "
He explained behind "the number of banknotes unfit for circulation deposited with the Central Bank, amounted to one billion and 277 million and 49 thousand and 543 banknotes of various categories, where they are compensated from the stored banknotes have this bank," adding that "the number of banknotes printed by the Central Bank , it amounted to 11 billion and 615 million and 265 thousand and 154 cash paper of different categories. "
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