CBI celebrates the first national currency 86 years ago

by **Rocky** Fri 16 Mar 2018, 8:12 am

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CBI celebrates the first national currency 86 years ago

by Rocky Fri 16 Mar 2018, 8:12 am

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[size=30]CBI celebrates the first national currency 86 years ago[/size]

16/03/2018 02:18 | Number of readings:

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[rtl]Trend Press / Baghdad[/rtl]

[rtl]The Central Bank of Iraq celebrates on Friday the 86th anniversary of the first national currency after the declaration of the establishment of the modern Iraqi state.[/rtl]

[rtl]The Central Bank said in a statement received "Trend Press" a copy of it, "Today passes us the 86th anniversary of the issuance of the first Iraqi currency of the Iraqi state, the dinar, which was issued on 16/3/1932."[/rtl]

[rtl]He pointed out that "the dinar was taken as a basic unit of the Iraqi currency and worth a thousand fils, and was carrying the image of King Faisal I, heading to the left"He said.[/rtl]

[rtl]"The purchasing power of the Iraqi dinar was 7.3 grams gold"He said.[/rtl]

[rtl]He pointed out that "the currency committee was the responsible party, and the dinar was signed by its members: the chairman of the committee, Helten Young, the representative of the Iraqi government Jafar al-Askari, Bertram Hornsby was appointed by the Bank of England, Viscount Ghoshin representing banks operating in Iraq, Representative of banks operating in Iraq. "[/rtl]

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