Changes Is COMING!!! 10-25-2017

[BatmaninIraq]

Iraq makes a change in the design of one of his coins and presents them as "large quantities"

The Central Bank of Iraq announced the issuance of quantities described as large on small currencies for daily transactions.
A statement by the bank said that it would be offering large quantities of small categories to meet the need for daily transactions.
The quality of the material used has been improved, as well as a small change in the new format that will be presented for trading next week.
He said the deal would be done in a new and old form, without discrimination.

[BatmaninIraq]

Iraqi Dinar revaluation postponed by Central Bank for 5 years says MP Noura al-Bajari

Oct 29, 2014, 11:54 pm

A member of the Parliamentary Economic and Investment Commission, MP Noura al-Bajari.

Baghdad (IraqiNews.com) A member of the Parliamentary Economic and Investment Commission, MP Noura al-Bajari, confirmed on Wednesday that the initiative to revalue and delete zeros from the Iraqi Dinar is ready for implementation by the Central Bank although it will be delayed by five years given the political and security situation of Iraq.

In an interview with IraqiNews.com al-Bajari said “The policy to delete zeros from the Iraqi currency is ready to be executed by the Central Bank, however, its implementation will be delayed by 5 years on the basis of the extreme security and political situation of the country.”

Al-Bajari said that the head of the Central Bank of Iraq had previously said that this policy from parliament was accepted and that the zeros will be deleted from the Iraqi currency in the next 5 years.

[Brazileiro]

hmmm interesting,,,thanks BIQ

[ETA]

We surely love what it says ..... to give it any credibility do we actually have a link to this article so I can truly put a nice big check mark next to this stage in the event. I realize that talk is cheap ....so they can change their mind at any time but nevertheless I do believe over the years they've been saying this .

[BatmaninIraq]

CENTRAL BANK LAUNCHED SMALL COINS
10-9-2018

The Economist Salam Samisem said on Monday that the governor of the Central Bank / Agency Ali Alalak committed a "big violation" by putting his name on the Iraqi currency in its new form.

"The change of signature is not something that is easy with a central bank governor. This signature is approved in the countries of the world, especially in international banks, which are members of the International Monetary Fund," Samisem told Ashqelat. "Is there any currency for a strong country where a person is named? ? Has the Iraqi dinar been crushed to such a degree that it is carried out in the name of a person? "

"He pointed out that" what he has done a major violation, especially as a conservative acting, and should be held accountable for what he did in Iraqi currency, "noting that" the relationship wanted to put his fingerprint illegally with the end of the current government and his departure from office. "
The economic expert said that "

In this regard , the central bank said that during the clarification on that "these currencies included writing the governor name instead of his signature in the old version, in line with what is the practice now in other countries, as modified dates Hijri and Gregorian dates (1440 -2018 m.)

Saw Last week, the Central Bank of Iraq launched small amounts of coins to the market with changes in its design

The new edition of the category of thousand dinars of surah Al-Ikhlas, where the new currency mediated by an Assyrian star preceded by the design of a statue, surrounded the circle where the Assyrian star phrase on the occasion of the inclusion of marshes Arra On the list of World Heritage 2016
and has added the name and signature of the Acting Governor Ali Mohsen Ismail on the new design of the coins.

[dollarsign]

Bring them on, let's get this done!

​$

[BatmaninIraq]

International Monetary" Iraq's economy is expected to grow 6.5% in 2019

The economic growth rate is expected to reach 6.5% in 2019

09 October 2018

The International Monetary Fund (IMF) expects Iraq's economy to maintain its annual growth rate of 2.2 percent over the next five years, ending in 2023.

The IMF's latest report on prospects for global economic growth indicated that the real GDP growth rate of the Iraqi economy by the end of this year is expected to reach 1.5%.
Economic growth is expected to reach 6.5% in 2019.

While the IMF is expected to stabilize the inflation rate in the country at 2.2% in the current year and next year.

[BatmaninIraq]

Newspaper reveals the cost of printing new Iraqi currencies

revealed that the Middle East newspaper, Wednesday, for the cost of printing the new Iraqi currency, as showed that the clarification issued by the Central Bank in writing about the preservation of the new edition name was not enough to calm a wave of anger.

The newspaper quoted economic sources as saying that "the total Iraqi currency, which was recently printed, and put the name of the governor of the Central Bank, it amounted to more than 90 billion Iraqi dinars."

The sources added that "the first explanation issued by the Central Bank last Saturday, the writing of the name of the governor of the new edition of the national currency, was not enough to calm the wave of anger expressed by the political and economic and popular, the lifting of the signature of the governor and put his name instead of the triple, From yesterday to issue another clarification, in which the votes are critical. "

On Sunday, the Central Bank issued its second edition of the banknotes of the categories (25000, 10000, 1000, 500 and 250) dinars. He pointed out that the new currency included writing the name of the governor instead of signing it in the old version, in line with what is currently practiced in Other countries, as amended dates AH and Gregorian dates (1440 H-2018).

The bank issued a clarification on the new currencies, indicating that it is entitled to determine the categories of coins and metals, paper and its dimensions, forms, material, content, weight and design.

[BatmaninIraq]

Karbouli of the relationship: I will accept to put your picture if the dinar is equal to the dollar

10-10-2018



(Baghdad: Al-Furat News) criticized the head of the parliamentary bloc of solution, Mohammed Karbouli, the Iraqi Central Bank, put the name of the governor of the bank agency {Ali Alaq] on the edition of the new currency of the small category.

"I would have accepted that your name and signature be embossed with gold; I would accept that you put your picture on the coin if you made the dinar equal to the dollar," Karbouli wrote on his Twitter profile.

Referring to the financial policies of the bank's governor during his last five years in office, Karbouli asked: "Who is responsible for the ongoing haemorrhage of the hard currency and selling it by auction, opening up wholesale banks in a way that is disproportionate to Iraq's exhausting economic reality? Consumer goods and the industrial and agricultural development of the country? "
"If you can not fix Iraq's economic reality, the Iraqis will not mention your name even if it is carved on the rock."
The Central Bank of Iraq announced last Saturday in a surprise move, the printing of large quantities of small groups of the Iraqi currency and the beginning of distribution, and write the name of the governor {agency} Ali Alalak, after improving the type of material used, and make a simple change in the form of these categories.

And raised the move of relations by placing his name on the currency in addition to signing a kind of controversy in the Iraqi street, and some called the House of Representatives to remove this addendum.

The House of Representatives discussed the issue yesterday, said First Vice-President of the Council Hassan al-Kaabi, "The interventions of the meeting obliged us to attend the Governor of the Central Bank regarding the new currency, will be the date of hosting the governor on Thursday (tomorrow)."

However, the director of accounting at the Central Bank Ihsan al-Yasiri said in a press statement that the move was considered normal, considering that many central banks in the world put the name of the governor next to the signature, and only at other times sign, citing it as a "fingerprint of the Iraqi currency."

"Iraq received two days ago the first shipment of the category of thousand dinars and distributed to banks and financial institutions in order to put them to market, and this month will receive shipments of 250 and 500 dinars."

The Central Bank of Iraq changed the image of the Islamic dinar on the category of a thousand dinars and made it a picture of the Assyrian logo.

For his part, the legal expert Jamal al-Asadi, the existence of a legal violation in the name of the governor of the Central Bank, the second edition of the Iraqi currency, and told the {Euphrates News} last Monday that the lack of reference to the status of the governor by proxy and write only a conservative in the currency is not original " Law. "

For his part, counting the historian Ghazi Ahmed al-Samarrai, step by "the previous did not occur on the date of the modern Iraqi currency since its issuance 87 years ago."

While the general manager of the issuance and cabinets in the Central Bank Abdul Karim Hassan reasons to write the name of the governor "to know the citizen who is the governor."

I TOLD YOU EVER SINCE 1:1 IS COMING TO TOWN by BATMAN

[BatmaninIraq]

Central Bank: delete the zeros still exists and the monetary bloc amounts to 44 trillion dinars
, said the Iraqi Central Bank on Thursday that the deletion of zeros still exists, indicating that the amount of money supply in the market of 44 trillion dinars.


The release manager lockers agency Abdul Karim Hassan Shannon in an interview with Alsumaria News that " the project to delete the zeros of the Iraqi currency is still valid , " adding to that " the project was supposed to initiate during 2014 , but the control of the organization Daesh five provinces led to Delay it. "

"The project to delete the zeros is to delete three zeros from the current currency with the introduction of large currencies and the introduction of coins for the dinar parts."

Shannon pointed out that "the cash mass currently circulating in the markets is large, amounting to 44 trillion dinars," noting that " Iraq did not use the technological methods of payment, and therefore small groups of currency can be perishable for widespread use."

The Central Bank in 2011 put forward a project to delete the zeros for the structure of the currency, which was considered by the bank to transfer Iraq from the country of trillions to billions, that the project was met with great opposition by specialists and politicians in parliament.