*******************************The central poses large amounts of small currency

Baghdad Post Tuesday, 11 September 2018 12:45 PM


The central bank intends to put "huge" amounts of currency in small groups


The Central Bank of Iraq announced its intention to raise large amounts of local currency, with small categories, while continuing to receive the damaged currency from the citizens and replace it with new.

The governor of the bank Ali al-Alaq said in a press statement: "The Central Bank to develop a plan to compensate the market small categories of local currency, as will be next month large quantities of huge ones," noting that "these quantities will meet the need of the local market for those categories of currency."

He added: "The bank continues to receive local currencies damaged by citizens and replace them with new currencies," pointing to the existence of a specialized committee to examine the damaged papers to ensure the safety of fraud and manipulation.




https://www.thebaghdadpost.com/ar/Story/121164/البنك-المركزي-يعتزم-طرح-كميات-هائلة-من-العملة-ذات-الفئات-الصغيرة

The central bank intends to put huge amounts of currency in small groups

Release date: 2018/9/12 8:17

(Baghdad: Al-Furat News) The Central Bank of Iraq intends next month, to put large amounts of local currency, with small groups.

The governor of the bank Ali al-Aal in a press statement that "the Central Bank of Iraq, the development of a plan to compensate the market in small categories of local currency, as will be next month large quantities and huge ones," noting that "these quantities will meet the need of the local market for those categories of currency" .

He added that "the bank continues to receive local currency damaged by citizens and replace them with new currencies," revealing at the same time, "the existence of a competent committee to examine the damaged papers to ensure their safety from fraud and manipulation."


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