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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Conscious / Central Bank issues a clarification on the sinking of the curr

    Rocky
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    • Post n°1

    Conscious / Central Bank issues a clarification on the sinking of the curr Empty Conscious / Central Bank issues a clarification on the sinking of the curr

    Post by Rocky Thu 15 Nov 2018, 2:38 am

    Conscious / Central Bank issues a clarification on the sinking of the currency
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    15/11/2018 10:56:00 AM | Number of readings: 1
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    Conscious / Baghdad / l. E
    The Central Bank of Iraq issued a statement Thursday on the subject of sinking the amount of 7 billion dinars.  
    The Central Bank said in a statement received (the Iraqi News Agency Information / INA) a copy of it that the incident occurred in Rafidain Bank in 2013 at the time of Dr. Abdul Basit Turki   as governor of the Central Bank in addition to being the head of the Financial Control Bureau at the time and took what to take in accordance with Of the law and instructions   of the Central Bank and the supervisory bodies of the State.
    He added that one of the functions of the Central Bank in accordance with its law is the replacement of damaged and invalid papers, and this is done continuously to maintain the sustainability of dealing in local currency and stability.
    He pointed out that the cost of replacing banknotes is the cost of printing them, which is different from the value of the currency much, not the loss of 7 billion dinars, as promoted by some. Note that the currency that sank would have been replaced even if it did not sink because the default life is over.
    The Central Bank expressed its deep surprise to raise this issue after five years and at this particular time, noting that the subject is settled in terms of procedure and legal in its history, and called on all media to be careful and careful in the transfer of data and dealing with them because of their impact on the state of financial stability and price achieved by the bank The Central Bank has made great efforts and recognized international organizations over the past years.
    T / L. E

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