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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


    A statement from the Central Bank regarding the launch of the 20,000 dinars category

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    • Post n°1

    A statement from the Central Bank regarding the launch of the 20,000 dinars category Empty A statement from the Central Bank regarding the launch of the 20,000 dinars category

    Post by Rocky Mon 21 Nov 2022, 5:32 am

    A statement from the Central Bank regarding the launch of the 20,000 dinars category

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    Economy News-Baghdad
    The Central Bank of Iraq announced that it is still too early to launch a currency of 20,000 dinars into circulation.
    An official source in the bank said in a statement to the official newspaper, "The bank is still in the process of preparing to study, design, and the extent of the impact of that currency on Iraqi society," noting that it is too early to print it and release it for circulation during the next near stage.
    And he indicated that "the issuance of this paper will improve the national chain of banknotes, in addition to that it will add an intermediate category of banknotes, which will facilitate cash circulation among citizens."
    The source confirmed that "no old cash categories will be withdrawn, and this category will be added to the rest of the categories with the aim of improving and enriching cash circulation."
    And he pointed out that "the bank is in the process of understanding and agreeing with the discreet printing houses to choose the colors and security characteristics of the papers and other technical and procedural details."

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    Added 11/21/2022 - 9:48 AM
    Updated 11/21/2022 - 2:27 PM


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    • Post n°2

    A statement from the Central Bank regarding the launch of the 20,000 dinars category Empty The Central Bank issues a clarification regarding the date of the issuance of the 20,000 dinars cate

    Post by Rocky Mon 21 Nov 2022, 6:15 am

    The Central Bank issues a clarification regarding the date of the issuance of the 20,000 dinars cate

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    • Post n°3

    A statement from the Central Bank regarding the launch of the 20,000 dinars category Empty A source in the Central Bank: It is too early to trade 20,000 dinars, and no old denomination will b

    Post by Rocky Mon 21 Nov 2022, 7:43 am

    A source in the Central Bank: It is too early to trade 20,000 dinars, and no old denomination will be withdrawn


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    ·        Time: 11/21/2022 






     
      {Economic: Al Furat News} An official source in the Central Bank of Iraq revealed that “it is still early time to launch a currency of 20,000 dinars for circulation.”
    The source said in a press statement, “The bank is still in the process of preparing to study, design, and the extent of the impact of that currency on Iraqi society,” noting that “it is too early to print it and release it for circulation during the next near stage.”
    And he indicated that “the issuance of that paper will improve the national chain of banknotes, in addition to adding an intermediate category that will facilitate cash circulation among citizens.”
    The source confirmed that “no old cash denominations will be withdrawn, and this denomination will be added to the rest of the denominations with the aim of improving and enriching cash circulation.”
    He pointed out that the bank is in the process of understanding and agreeing with discreet printing houses to choose the colors and security characteristics of the papers and other technical and procedural details.
    And the Governor of the Central Bank, Mustafa Makhaif, revealed during his participation in the “Al-Rafidian Forum for Dialogue” on September 27, the bank’s intention to issue a new denomination of the Iraqi currency at a value of 20 thousand dinars (approximately $ 13) based on a study and research compared with neighboring countries, and is working to complete The form of the paper, and in the coming days it will be announced.”
    It is noteworthy that Iraq has – so far – 7 categories of local currency issued by the Central Bank of Iraq, which are {250 dinars, 500 dinars, 1000 dinars, 5000 dinars, 10000 dinars, 25000 dinars, and 50000 dinars}.








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    • Post n°4

    A statement from the Central Bank regarding the launch of the 20,000 dinars category Empty Re: A statement from the Central Bank regarding the launch of the 20,000 dinars category

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