Finance Committee: the central bank to issue any financial category offset by the withdrawal of classes 10 and 25 000 dinars

November 17, 2015


Our economy / Baghdad

Detection of the Finance Committee member Abdul Qader Mohammed, Tuesday, for the withdrawal of 25 thousand dinars compared to the category of the new category issued by the Central Bank, as he emphasized that the issuance of the fifty thousand category will make it easier to deal in Iraqi dinars at home to reduce the trend towards the dollar.

Mohammed said: Pentecostal group that issued by the Central Bank does not have any negative impact on fiscal policy in Iraq.

He stressed that the Iraqi currency dealing will be closer to deal private dollars for businesses which use large amounts of money where it is most dealing in Iraqi dinars existence of 50 thousand class.

He added that the issuance of this category will make it easier to deal in Iraqi dinars to be at home in the biggest turnout of the dollar, which have an impact on reducing the trend towards last

He disclosed that a new class is issued by the central bank in return will withdraw the class 25 000 or 10 000.

Little, the central bank announced in November 201 511 for issuing banknotes category 50 000 dinars dimensions of 65 mm width, 156 mm length and predominantly light brown except Framework decorations that took bold color were printed using the superior quality of the printing paper with A number of security and the technical marks.


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