Happy Tuesday Dinarians,
Today, October 21st the CBI releases new 25K & 5K IQD notes. Be sure to see my WARNING below, after the news article regarding Con Artists and Hack Gurus who will “spin” this news to try to steal your Dinar and/or Money!
You can go to the Arabic language side of the CBI.iq to see the news for yourself – remember, always verify from legit sources!
This news Article from the CBI talk about adding a new 25K note as well as a 5K note – what interests me, in my opinion they also essentially state that they will circulate with the existing money, not to replace the existing IQD notes! This is the same process we use here in the United States! I have more comments at the end of the article below…
Central Bank announced on Tuesday, near posed to the categories of the 25 thousand and five thousand dinars, “Bhlthma new,” promised new specifications for the two currencies as the “insured that are difficult to counterfeit,” and while pointing out that the most important changes to the currencies add a security to “magnetic ink”, he stressed not his intention to withdraw the above categories.
The bank said in a statement received (range Press), a copy of it, “that in order to develop the current series of banknotes of Iraq, and to increase efficiency, it has been printed categories of the 25 thousand and 5 thousand using the finest paper and placed where the characteristics of art and several security,” noting “The two new categories Sttrhan during the next few days in the market.”
The statement added that “the Bank has no intention to withdraw the above categories and will continue to trade… [Despite the bad translation, in my opinion the CBI is telling the Continue reading