23/6/2015 Central bank: 2017 will see the issuance of new cash categories

Central bank: 2017 will see the issuance of new cash categories

23/6/2015

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

"The Yasiri that" the central bank began to study the development of new designs for the currency after the removal of zeros it, "noting that" the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. "

Likely launch a new category of the beginning of the currency in 2017 because there are a number of opponents of the project, "pointing out that" monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency. "

Central Bank: the issuance of three categories of cash in 2017

Author: Publisher on:June 23, 2015

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Director General of the version number and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

"The Yasiri (IMN) that" the central bank began to develop the study of new designs for the currency after the removal of zeros it, "noting that" the deleted currency zeros will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. " .

He continued that "it is likely the launch of the new category from the beginning of the currency in 2017 because there are a number of opponents of the project," pointing out that "monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency."

The Iraqi Central Bank decided earlier, re-exchange companies deprived of the central auction of the coin and the end of their sentences.

The central bank decided to open a window at his headquarters in Baghdad to meet delegates and scholars requests abroad in dollars and the official price.

Central bank: 2017 will see the issuance of new cash categories

By Mohammed Emad five two 06.23.2015

Brother - Baghdad

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

"The Yasiri that" the central bank began to study the development of new designs for the currency after the removal of zeros it, "noting that" the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. "

He continued that "it is likely the launch of the new category from the beginning of the currency in 2017 because there are a number of opponents of the project," pointing out that "monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency."

The Iraqi Central Bank decided earlier, re-exchange companies deprived of the central auction of the coin and the end of their sentences.

The central bank decided to open a window at his headquarters in Baghdad to meet delegates and scholars requests abroad in dollars and the official price.

jedi17 wrote:

duck2000 wrote:

jedi17 wrote:

Neno wrote:

 the deleted currency zeros will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. " .

He continued that "it is likely the launch of the new category from the beginning of the currency in 2017 because there are a number of opponents of the project," pointing out that "monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency."

Ok as we all know  from the quack or following the thoughts forum created, Mosul could complete and these lower denoms come out soon after. Could be in December. What ever the timing Mosul is the key thought with us....for quack could be take it to the bank. Now if Mosul drags on them yes April maybe next window the imf allows. Still doesn't matter as it is great excitement watching Mosul rod the terrorist.

Btw changed rockys yellow highlite to deep marron. I just couldn't read it.

[You must be registered and logged in to see this link.] state that the new currency will be issued in denominations of 5, 10, 25, 50, 100, and 200 dinars for banknotes and 25, 50, 100, 250, and 500 fils, plus 1 and 2 dinars for coins. The designs have been already chosen for banknotes and coins:

5 dinars: Beck waterfall and palm tree
10 dinars: dinar coin minted in the reign of the Umayyad dynasty and lighthouse Hadba in Mosul
25 dinars: King Hammurabi receiving the law and farming of Iraqi Kurdistan
50 dinars: King Codaa and Fort Ukhaydir
100 dinars: Central Bank building in Azwaip area in Baghdad and ziggurat
200 dinars: bridge and school


so, will we see a slow release of the small denims starting with the 200, 100 and 50?  We know they just pulled the old 50 out of circulation mostly because of no security features as well as not really having a use for a 50 with a value of zip

the roll out can be done in about two weeks max if needed!

two weeks sound good.  BUT, is there any point of having lower denoms out there for any period of time without a revalue?  Example, will they put out lower denoms in Dec if they don't RV till April?

duck2000 wrote:it will take one month too two weeks one the first three denoms are rolled out!

weslin3 wrote:

duck2000 wrote:it will take one month too two weeks one the first three denoms are rolled out!

Will the end of auctions come first? Thanks duck.

rocky wrote:

Central bank: 2017 will see the issuance of new cash categories

23/6/2015

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

"The Yasiri that" the central bank began to study the development of new designs for the currency after the removal of zeros it, "noting that" the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. "

Likely launch a new category of the beginning of the currency in 2017 because there are a number of opponents of the project, "pointing out that" monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency. "

[You must be registered and logged in to see this link.]

Central Bank: the issuance of three categories of cash in 2017

Author: Publisher on:June 23, 2015

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Director General of the version number and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

"The Yasiri (IMN) that" the central bank began to develop the study of new designs for the currency after the removal of zeros it, "noting that" the deleted currency zeros will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. " .

He continued that "it is likely the launch of the new category from the beginning of the currency in 2017 because there are a number of opponents of the project," pointing out that "monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency."

The Iraqi Central Bank decided earlier, re-exchange companies deprived of the central auction of the coin and the end of their sentences.

The central bank decided to open a window at his headquarters in Baghdad to meet delegates and scholars requests abroad in dollars and the official price.

[You must be registered and logged in to see this link.]

Central bank: 2017 will see the issuance of new cash categories

By Mohammed Emad five two 06.23.2015

Brother - Baghdad

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

"The Yasiri that" the central bank began to study the development of new designs for the currency after the removal of zeros it, "noting that" the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. "

He continued that "it is likely the launch of the new category from the beginning of the currency in 2017 because there are a number of opponents of the project," pointing out that "monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency."

The Iraqi Central Bank decided earlier, re-exchange companies deprived of the central auction of the coin and the end of their sentences.

The central bank decided to open a window at his headquarters in Baghdad to meet delegates and scholars requests abroad in dollars and the official price.

[You must be registered and logged in to see this link.]

azareus wrote:April then IF duck is right

chouchou wrote:

azareus wrote:April then IF duck is right

If I am not wrong, Duck never said April. He said Iraq can RV when they are ready as IMF agreed to it and not to wait until April.

Again if I am not wrong he said we need to have Mosul finish first, then the lower denons will come out and when we see the 50 it is when it will RV and the auction will stop?

Thanks