Home
Specialists depend on raising operational costs of the Bank in managing and regulating the currency
The first is called the central category of [url=http://www.alaalem.com/index.php?news=%C7%E1%E3%D1%DF%D2%ED %ED%D8%E1%DE %C3%E6%E1 %DF%E3%ED%C9 %E3%E4 %DD%C6%C9 %C7%E1%DC%AB50%BB %C3%E1%DD%C7 %DD%ED %D4%C8%C7%D8 %C7%E1%E3%DE%C8%E1.. %E6%ED%CE%D8%D8 %C7%D5%CF%C7%D1 %C7%E1%DC%AB100%BB &aa=news&id22=34466]«[/url]50» Alpha in February next. And the planned issuance of the «100»
Baghdad Mohammed Hadi
Informed sources revealed at the Iraqi Central Bank planned to launch last first class 50 thousand dinars, late January return await next launched last month to "organizational reasons", while the Finance Committee in the House of representatives that the Bank plans within future strategy, the monetary version of 100 thousand dinars.
It was central for the last month the launch of the new currency, though he had intended to distribute salaries to its employees, and economic experts attributed the cause of the wait at the launch of the new currency to pressure endured after posted, but the parliamentary Finance Commission confirms lack of any problems in that version of the class.
Informed sources said from inside the Central Bank, told a reporter for "the world" on Saturday to "Central intends to launch the first of the 50 thousand dinars, late January next, after you have completed all procedures for the issuance of the new currency," adding "they will replace the damaged coins".The sources who preferred not to disclose their identity, "the new currency type to respond to Iraqi requests for trading and transfer of funds, the fact that recent currency the 25,000 low compared to the existing money supply", stating that "central to the 50,000 dinars last November for organizational reasons."
The Central Bank announced, in late October, issued new banknotes of 50,000 dinars, class upheavals to complete Iraqi banknotes structure and develop high-value category, while it contains compositions against forgery attempts balastntsakh ".
The announcement raised new cash class controversy in economic circles, counted specialize in subject gateway to financial heights chronic inflation and the beginning of a major weakness in the local currency, while others say they will contribute to facilitating trade transactions and pave the way for the deletion of zeros and withdraw cash.
Member of the Finance Committee in the House of ' Abdul Qader Mohammed, in connection with the "world" on Saturday that "there are no obstacles or problems stand-off before launching his the 50 thousand dinars, but central to the launch last month for organizational reasons relating to domestic market", "know the right time to launch the bloc for not the effect on the market."
He added that the new currency would widen the circle of dealing in Iraqi dinars, and encourages citizens to acquire and save the local currency instead of the dollar, revealing at the same time that "future strategy, the Central aspiration within the class version 100 thousand dinars for the complete structure of the local currency.
For his part, attributed the name Abdul Hadi, Economist, Central launch postponed the 50,000 dinars last month to some pressure and objections, which suffered after announcing the new currency.
Central Bank Governor Ali al-allaq said earlier that the Central Bank faced different pressures, "Noting that" print done fifty thousand dinars do not lead to inflation or raise prices.
In connection with "the world," says Abdel Hadi, said that "political interference in the work of the World Bank and irresponsible remarks might affect the nature of his work."
And don't count on the Economist on the 50,000 dinars, the stability of the market, because "big deals covered over the dollar."
Abdelhadi points out that "there are changes in economic fundamentals on the ground, and the contraction in the country's economic realities."
But Abdul Hadi believes that the 50,000 "would raise operating costs imposed on bank management and regulation of currency".
Presumably written by Mohannad Najem Al-Badri that accompanied its release of great value, an increase in the GDP of the State, of the quantity of goods produced and services provided under the prosperous economy, this did not happen in Iraq ", adding that" the Government exhausted selling securities by issuing paper currency of new fill part of the shortfall in the Treasury, known as the funding through (print work – extra).
Badri is therefore "one of the greatest ways to plug".
"This step would reduce the purchasing power of the Iraqi currency, with the gradual disappearance of small denominations, which means plug at the expense of Iraqi citizens and the low standard of living", pointing out that "it drips the saliva (TEMPTS) counterfeiters who they be varied in imitation and counterfeiting of currency, backed by countries using all technologies in forgery."
The Central Bank confirmed the issuance of banknotes class 50000 thousand dinars dimensions 65 mm width, 156 mm length, with predominantly light brown color except decoration framework took bold, "adding that" the purpose of the issuance is to complete Iraqi banknotes structure and develop high-value category ".
He said that the banknote was printed using high quality print paper with a number of security and technical marks, indicating that "the face of the paper includes a picture of Euphrates and waterwheels Palm in the middle and a picture of one of the waterfalls of Kurdistan."
He added that "the paper also includes security marks printed in magnetic ink, in addition to the structures against forgery attempts in cloning", pointing out that "the paper contains markers for the blind service for identification in the form of a four straight horizontal lines, add the watermark (top horse) with a Palm print in the face of an Assyrian half sheet and the other half in the back."
The Bank stressed that "the paper will contain a picture emerged of Iraq marshes include reeds and a number of house hunters and a group of animals and Palm Pictures Iraq with planning of the Tigris and Euphrates rivers within a map of Iraq," adding that "banknote has been repainted with a protective coating to extend the life of paper and protect it from dirt and dust."
The Central Bank announced in 2013 his intention to issue coins in small classes and other large categories paper written in both Arabic and Kurdish.
[You must be registered and logged in to see this link.]
This article seems to be a mix of old and new info.
Comments appreciated on this one.
Thanks
LIT
The first is called the central category of [url=http://www.alaalem.com/index.php?news=%C7%E1%E3%D1%DF%D2%ED %ED%D8%E1%DE %C3%E6%E1 %DF%E3%ED%C9 %E3%E4 %DD%C6%C9 %C7%E1%DC%AB50%BB %C3%E1%DD%C7 %DD%ED %D4%C8%C7%D8 %C7%E1%E3%DE%C8%E1.. %E6%ED%CE%D8%D8 %C7%D5%CF%C7%D1 %C7%E1%DC%AB100%BB &aa=news&id22=34466]«[/url]50» Alpha in February next. And the planned issuance of the «100»
Baghdad Mohammed Hadi
Informed sources revealed at the Iraqi Central Bank planned to launch last first class 50 thousand dinars, late January return await next launched last month to "organizational reasons", while the Finance Committee in the House of representatives that the Bank plans within future strategy, the monetary version of 100 thousand dinars.
It was central for the last month the launch of the new currency, though he had intended to distribute salaries to its employees, and economic experts attributed the cause of the wait at the launch of the new currency to pressure endured after posted, but the parliamentary Finance Commission confirms lack of any problems in that version of the class.
Informed sources said from inside the Central Bank, told a reporter for "the world" on Saturday to "Central intends to launch the first of the 50 thousand dinars, late January next, after you have completed all procedures for the issuance of the new currency," adding "they will replace the damaged coins".The sources who preferred not to disclose their identity, "the new currency type to respond to Iraqi requests for trading and transfer of funds, the fact that recent currency the 25,000 low compared to the existing money supply", stating that "central to the 50,000 dinars last November for organizational reasons."
The Central Bank announced, in late October, issued new banknotes of 50,000 dinars, class upheavals to complete Iraqi banknotes structure and develop high-value category, while it contains compositions against forgery attempts balastntsakh ".
The announcement raised new cash class controversy in economic circles, counted specialize in subject gateway to financial heights chronic inflation and the beginning of a major weakness in the local currency, while others say they will contribute to facilitating trade transactions and pave the way for the deletion of zeros and withdraw cash.
Member of the Finance Committee in the House of ' Abdul Qader Mohammed, in connection with the "world" on Saturday that "there are no obstacles or problems stand-off before launching his the 50 thousand dinars, but central to the launch last month for organizational reasons relating to domestic market", "know the right time to launch the bloc for not the effect on the market."
He added that the new currency would widen the circle of dealing in Iraqi dinars, and encourages citizens to acquire and save the local currency instead of the dollar, revealing at the same time that "future strategy, the Central aspiration within the class version 100 thousand dinars for the complete structure of the local currency.
For his part, attributed the name Abdul Hadi, Economist, Central launch postponed the 50,000 dinars last month to some pressure and objections, which suffered after announcing the new currency.
Central Bank Governor Ali al-allaq said earlier that the Central Bank faced different pressures, "Noting that" print done fifty thousand dinars do not lead to inflation or raise prices.
In connection with "the world," says Abdel Hadi, said that "political interference in the work of the World Bank and irresponsible remarks might affect the nature of his work."
And don't count on the Economist on the 50,000 dinars, the stability of the market, because "big deals covered over the dollar."
Abdelhadi points out that "there are changes in economic fundamentals on the ground, and the contraction in the country's economic realities."
But Abdul Hadi believes that the 50,000 "would raise operating costs imposed on bank management and regulation of currency".
Presumably written by Mohannad Najem Al-Badri that accompanied its release of great value, an increase in the GDP of the State, of the quantity of goods produced and services provided under the prosperous economy, this did not happen in Iraq ", adding that" the Government exhausted selling securities by issuing paper currency of new fill part of the shortfall in the Treasury, known as the funding through (print work – extra).
Badri is therefore "one of the greatest ways to plug".
"This step would reduce the purchasing power of the Iraqi currency, with the gradual disappearance of small denominations, which means plug at the expense of Iraqi citizens and the low standard of living", pointing out that "it drips the saliva (TEMPTS) counterfeiters who they be varied in imitation and counterfeiting of currency, backed by countries using all technologies in forgery."
The Central Bank confirmed the issuance of banknotes class 50000 thousand dinars dimensions 65 mm width, 156 mm length, with predominantly light brown color except decoration framework took bold, "adding that" the purpose of the issuance is to complete Iraqi banknotes structure and develop high-value category ".
He said that the banknote was printed using high quality print paper with a number of security and technical marks, indicating that "the face of the paper includes a picture of Euphrates and waterwheels Palm in the middle and a picture of one of the waterfalls of Kurdistan."
He added that "the paper also includes security marks printed in magnetic ink, in addition to the structures against forgery attempts in cloning", pointing out that "the paper contains markers for the blind service for identification in the form of a four straight horizontal lines, add the watermark (top horse) with a Palm print in the face of an Assyrian half sheet and the other half in the back."
The Bank stressed that "the paper will contain a picture emerged of Iraq marshes include reeds and a number of house hunters and a group of animals and Palm Pictures Iraq with planning of the Tigris and Euphrates rivers within a map of Iraq," adding that "banknote has been repainted with a protective coating to extend the life of paper and protect it from dirt and dust."
The Central Bank announced in 2013 his intention to issue coins in small classes and other large categories paper written in both Arabic and Kurdish.
[You must be registered and logged in to see this link.]
This article seems to be a mix of old and new info.
Comments appreciated on this one.
Thanks
LIT
» utube 11/13/24 MM&C MM&C News-Private Sector- Electronic Payments-Reconstruction-Development-Digit
» utube MM&C 11/15/24 Update-Budget-Non Oil Resources-CBI-USFED-Cross Border Transfers-Oil
» Al-Sudani is besieged by lawsuits over the “wiretapping network”... and Al-Maliki heard “inappropria
» Tens of thousands of foreigners work illegally in Basra... and the departments will bear the respons
» 4 reasons for the Sudanese government’s silence in the face of the factions’ attacks.. Will Baghdad
» PM's advisor: Government able to increase spending without inflation or fiscal deficit
» Prime Minister stresses the need to complete 2024 projects before the end
» Minister of Labor sets date for launching second batch of social protection beneficiaries in the pol
» Al-Sudani approves 35 new service projects, stresses the need to complete 2024 projects
» Minister of Labor: The population census will provide accurate calculations of poor families covered
» Electricity announces its readiness for the winter peak
» Economist: Parallel market remains pivotal to financing Iraq’s trade with Iran, Syria
» Trump: Iraq: A subsidiary or the focus of major deals?
» Counselor Mazhar Saleh: The government is able to increase spending without causing inflation or a f
» Al-Sudani's advisor to "Al-Maalouma": We do not need to bring in foreign workers
» Parliamentary Rejection.. Parliamentarian Talks About Jordanian Agreement That Harms Iraq’s Economy
» Al-Sudani chairs the periodic meeting of the service and engineering effort team
» Al-Sahaf: Washington continues to support terrorist organizations in Iraq
» Al-Maliki Coalition: America is trying to make Iraq hostile to its neighbors by violating its airspa
» Close source: Al-Sudani failed to convince Al-Hakim and Al-Amiri to carry out the ministerial reshuf
» Al-Sayhoud on Postponing Parliament Sessions: Bad Start for Al-Mashhadani
» Peshmerga Minister: The survival of the Kurdistan Region depends on the presence of a strong Peshmer
» Al-Maliki Coalition: US pressures prevent Israel from striking Iraq
» Nechirvan Barzani calls for keeping Peshmerga out of partisan conflicts, urges formation of 'strong
» US Institute: Trump administration may prevent Iraq from importing Iranian gas as part of pressure o
» The meter will visit families again.. Planning details the steps for conducting the population censu
» Government clarification: Is Iraq able to increase spending?
» Iraq advances over China.. Iran's trade exchange witnesses growth during October
» Al-Sudani approves 35 new service projects and begins implementing them within 10 days
» Al-Sudani and Al-Hakim discuss developments in the political scene and the results of the visit to K
» Minister of Labor: Government measures contributed to reducing the poverty rate from 22% to 16.5%
» Al-Maliki calls for strengthening national dialogue and unity to overcome the current stage
» Al-Sudani stresses the importance of accuracy and specifications in service and engineering projects
» Baghdad Governor: 169 projects are listed for referral and contracting
» Industry confirms success by signing 4 investment contracts for strategic industries
» Parliament confirms its support for conducting the general population census and decides to resume s
» Parliament gains a "holiday and a half"... Half of the "extended" legislative term passes without se
» Find out the exchange rates of the dollar against the dinar in the Iraqi stock exchanges
» Al-Maliki describes tribes as a "pillar" for confronting challenges in Iraq
» The plan in the "distribution method".. A representative describes the "investment achievement" as n
» Iraq is ahead of China in trade exchange with Iran.. These are the numbers
» MM&C 11/14/24 Central Bank Governor Urges Türkiye to Open Accounts for Iraqi Banks
» MM&C 11/14/24 Trump and the Iraqi Banks Puzzle
» New decline in gold in Iraq.. and globally records the worst week in 3 years
» Monitoring body approves 2023 imports annual report
» Development Road: Faw Port Ignites Regional Corridor Race
» First in Iraq... Diyala sets a plan for "rural reconstruction"
» Al-Saadi: Influential parties are working to erase the theft of the century file
» MP: Baghdad supports the "Diyala Artery" project with 40 billion dinars
» Source: General amnesty law will pave the way for the return of terrorist groups
» The Prime Minister stresses the need to expedite the completion of the requirements for restructurin
» Minister of Resources: The project to develop the left side of the Tigris River has reached its fina
» Foreign Minister: We are proceeding with implementing the associated gas exploitation program
» Swiss Ambassador Expresses His Country's Desire to Invest in Iraq
» "We left the camel and its load" .. Moroccan farmers await "imminent compensation" from Iraq
» OPEC sues Iraqi minister over oil violations.. What is Kurdistan's involvement?
» Iraq warns of 'dire consequences' of imposing barriers to plastic products
» Iranian newspaper: Iraq's development path is a step towards regional economic integration
» Al-Mandlawi discusses with the Russian ambassador developing relations in the fields of economy, inv
» Oil Minister discusses with Dutch Ambassador strengthening bilateral relations
» The Minister of Oil discusses with the companies "+dss" and "Xergy", joint cooperation to develop th
» Rafidain Bank announces a plan to include other branches in the implementation of the comprehensive
» With the presence of the opposition... Baghdad supports the partnership government in Kurdistan
» Parliamentary move to raise retirement age in state institutions to 63 years
» Through leaks.. Warnings against creating political crises as parliamentary elections approach
» Iraqi oil returns to decline in global markets
» Parliamentary Committee: Iraq uses its international relations to avert the dangers of war from its
» The value of non-oil imports for Sulaymaniyah and Halabja governorates during a week
» Rafidain: Continuous expansion in implementing the comprehensive banking system
» Planning: The population census includes residents of Iraq according to a special mechanism
» Transparency website reveals non-oil imports to Sulaymaniyah and Halabja during a week
» Al-Sudani directs the adoption of specialized international companies to prepare a unified structure
» MP warns of a move that will worsen the housing crisis and calls on the government
» Disagreements strike the Kurdish house... hindering the formation of the regional parliament and gov
» Hundreds of Moroccan farmers are waiting for “imminent compensation” from Iraq.. What’s the story?
» Iraq 10-Year Review: Spending, Imports, Unemployment in 2024 at ‘Highest Level’ in a Decade
» Call to all smokers in Iraq: Prepare for the law
» utube 11/11/24 MM&C News Reporting-IRAQ-USA-Financial Inclusion up 48%-Money Inside & Out of Iraq
» Al-Mandlawi to the UN envoy: The supreme authority diagnosed the problems and provided solutions for
» Saleh: Government strategy to boost gold reserves as part of asset diversification
» Prime Minister's advisor rules out oil price collapse: Trump's policy will not sacrifice petrodollar
» Tripartite alliance between Iraq, Egypt and Jordan to boost maritime trade
» Parliamentary Committee reveals date of entry into force of Personal Status Law
» Al-Fatah warns against US blackmail and Trump's intentions for the next stage
» A leader in the law: If the Americans do not leave on their own two feet, we will expel them in fune
» MP: Next Sunday's session will witness the passing of "important laws"
» There is a financial aspect.. Al-Zaidi rules out voting on the real estate law
» "Promising" economic opportunities in central Iraq open doors to investment, trade and unemployment
» Minister of Transport: Arab interest in the development road project
» Bitcoin Fails to Maintain Its Meteoric Rise
» Amending the retirement age on the parliament's table.. This is the latest that has been reached
» Launching the Health Unit Initiative in Iraqi Schools
» Will Iraq be the savior of the countries of the region if oil prices fall?
» Regarding electrical energy.. Government moves to meet the needs of next summer
» {Retirement age} sparks debate in parliament
» Minister of Transport to {Sabah}: Arab interest in the development road project
» Planning: Two important pre-census activities start today and tomorrow
» Next week.. contracting with 2500 applicants on a {contract} basis