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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


    The Iraqi Central Bank wants to issue a denomination of 20,000 dinars: we will issue a decision to p

    Rocky
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    • Post n°1

    The Iraqi Central Bank wants to issue a denomination of 20,000 dinars: we will issue a decision to p Empty The Iraqi Central Bank wants to issue a denomination of 20,000 dinars: we will issue a decision to p

    Post by Rocky Wed 29 Mar 2023, 5:41 am

    [size=45][size=41]The Iraqi Central Bank wants to issue a denomination of 20,000 dinars: we will issue a decision to print it or not[/size]
     two hours ago
    515
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    Today, Wednesday, the Central Bank expected a decrease in the difference between the official and parallel exchange rates during the coming period, and while it indicated the imminent issuance of a decision regarding printing a denomination of 20,000 dinars, it clarified its procedures for monitoring commercial banks.
    The assistant general manager of the bank’s investment department, Muhammad Mounir, said, according to the official media, that “the packages and procedures of the Central Bank of Iraq contributed to limiting the continuous rise in the dollar exchange rate,” expecting “a decrease in the difference between the official and parallel exchange rates in the coming period through packages: The first, second and third of the Central Bank, as well as the government's continued support.
    Mounir continued, "The Central Bank is in continuous updating of all procedures, and every step that is launched is reviewed and the extent of its response and impact on the market is measured, and what are its pros and cons, if any."
    Regarding printing new cash categories, Mounir indicated that “the Central Bank is amending and updating currency papers in response to market requests and developments and limiting counterfeiting,” noting that “the Department of Issuance and Treasurys is working to study the possibility of printing a cash category of 20,000 dinars, and in the coming days a decision will be taken. The decision to print or not to print.
    Regarding the central bank building, he emphasized that “work is in full swing and 24 hours to complete it.”
    On the other hand, he pointed out, “The Banking and Credit Control Department monitors commercial banks, and there are field and office inspection teams that are responsible for monitoring the work and performance of banks.”
    And he stressed, “The doors and phones of the Central Bank are open to any complaint submitted by the citizen to the banks or one of the financial institutions or merchants, and the complaint is met and urgent action is taken in its regard.”
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