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Established in 2006 as a Community of Reality

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


Soon ... banknotes worth 50 000 Iraqi dinars

wciappetta
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Post by wciappetta on Thu 21 May 2015, 7:15 am

I think the key word here is "worth"


Soon ... banknotes worth 50 000 Iraqi dinars



21/05/2015 


Brother - Baghdad

Said Finance Committee member Abdul Qader Mohammed The issuance of new editions of the coin fifty thousand class will be designed in accordance with the distinctive techniques by specialists to prevent the possibility of forgery.

Mohammed said that "the new currency will be launched soon in accordance with regulations and modern techniques and under the supervision of specialized technicians and design N fraud," pointing out that "the new currency will compete with other currencies in the internal handling of the Iraqi market."

He explained that "the new currency strength will add liquidity and raise the cash value, as well as it will be an important factor to improve the national economy."

Rasheed Bank and announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, as he emphasized the economic and investment commission parliamentary member of the Charter of Hamdi earlier, the bank printed new financial category worth fifty thousand dinars will be traded soon.


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Proven
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Post by Proven on Thu 21 May 2015, 7:39 am

Good one Ward,

He explained that "the new currency strength will add liquidity and raise the cash value, as well as it will be an important factor to improve the national economy."

1) Add liquidity.
2) Raise the cash value.
3) Improve the national economy.

There is more here than just trading two 25,000 dinar notes for a new "50,000".

lonelyintexas
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Post by lonelyintexas on Thu 21 May 2015, 8:11 am

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By [You must be registered and logged in to see this link.]  one sixteen a.m. 21/05/2015

 

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Brother - Baghdad

Said Finance Committee member Abdul Qader Mohammed The issuance of new editions of the coin fifty thousand class will be designed in accordance with the distinctive techniques by specialists to prevent the possibility of forgery.

Mohammed said that "the new currency will be launched soon in accordance with regulations and modern techniques and under the supervision of specialized technicians and design N fraud," pointing out that "the new currency will compete with other currencies in the internal handling of the Iraqi market."

He explained that "the new currency strength will add liquidity and raise the cash value, as well as it will be an important factor to improve the national economy."

Rasheed Bank and announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, as he emphasized the economic and investment commission parliamentary member of the Charter of Hamdi earlier, the bank printed new financial category worth fifty thousand dinars will be traded soon.

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Great article Ward, I posted to show the part about the security protections also, which was a big concern on the old 50.
Thanks
LIT
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Post by day dreamer on Thu 21 May 2015, 10:55 am

I'm Loving it great articles let's get these babies out there tongue duck
Proven
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Post by Proven on Thu 21 May 2015, 2:10 pm

Different website:

The new currency category 50 Thousand carry tamper-proof specifications

Author: Publisher on: May 21, 2015 In: economy Views: 275 views

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) Finance Committee member Abdul Qader Mohammed said that the issuance of new editions of the coin fifty thousand class will be designed in accordance with the distinctive techniques by specialists to prevent the possibility of forgery.

He said Muhammad's (IMN) that "the new currency will be launched soon in accordance with regulations and modern techniques and under the supervision of specialized technicians and design N fraud," pointing out that "the new currency will compete with other currencies in the internal handling of the Iraqi market."

He explained that "the new currency strength will add liquidity and raise the cash value, as well as it will be an important factor to improve the national economy."

Rasheed Bank and announced near practiced Activity auction of foreign currency in order to strengthen the Iraqi dinar against the dollar, as he emphasized the economic and investment commission parliamentary member of the Charter of Hamdi earlier, the bank printed new financial category worth fifty thousand dinars will be traded soon.

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Post by mochasmom on Thu 21 May 2015, 5:41 pm

Yes, the key word is "worth" but can we trust the translation? I never know....
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Post by Screwball on Sat 23 May 2015, 6:06 pm

I am pretty sure we all now know what's going to happen but what about the when? Is it June when they load smart cards with 25,000 dinar! Or will it be latter on? What I find interesting is 25,000 dinar at a new relate of say .85? Isn't Kuwait that gives newly weds 50,000? The difference here is they say it's for rations but I say it's going towards rebuilding their homes? Isn't it 25,000 per family?
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Post by fonz1951 on Sun 24 May 2015, 12:15 pm

[You must be registered and logged in to see this link.] wrote:I am pretty sure we all now know what's going to happen but what about the when? Is it June when they load smart cards with 25,000 dinar! Or will it be latter on? What I find interesting is 25,000 dinar at a new relate of say .85? Isn't Kuwait that gives newly weds 50,000? The difference here is they say it's for rations but I say it's going towards rebuilding their homes? Isn't it 25,000 per family?

considering that 25,000 dinar is just worth roughly $20.00 usd,now, imho it just looks like it would be before they load the smart cards! i mean, after all what would be the point in putting 20 bucks in their pocket, wouldn't be enough to rebuild a weedeater, much less a house, right?  scratch

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