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Tag: Iraqi currency

The New 50K Category Will Have No Impact on Deleting Zeros

The New 50K Category Will Have No Impact on Deleting Zeros

Iraqi Dinar 123 News:– On Tuesday, the Central Bank of Iraq issued a statement that launching the 50K category Iraqi dinars would not reflect any impact on the project of deletion of three zeros from the Iraqi currency. The Bank pointed out that Iraqi social and economic conditions are preventing the execution of this project. Walid Idi, the director general of the banking and credit in the Central Bank said in an interview program and presented by Alsumaria TV that…

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Large Cash Categories to Help Address the Economic Issues

Large Cash Categories to Help Address the Economic Issues

Iraqi Dinar 123 News:– The country is currently experiencing a number of severe conditions and the Iraqi people would not be able to live in the presence of great scarcity and increasing economic crisis. But the high spirits and fairy tale needed to face the painful reality. The Iraqi Central Bank announced the issuance of high amount category of 50K Iraqi dinar. One of the Iraqi citizen posted on Facebook that this process would not be more beneficial for Iraqi…

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CBI Issues 50K Dinars Category Currency Notes

CBI Issues 50K Dinars Category Currency Notes

Iraqi Dinar 123 News:– On Wednesday, the Central Bank of Iraq has announced about the issuance of new currency 50K Iraqi dinars and it is considered the highest value currency among the currently circulating currency in the country. The Central Bank issued a press statement that CBI is much delighted to announce the issuance of new Iraqi dinar currency of 50K category. This process would empower the banknotes structure and increase in the development of circulating high category currency. The…

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Iraqi Dinar Dashed Over 50K Malaysia’s Dreams

Iraqi Dinar Dashed Over 50K Malaysia’s Dreams

Iraqi Dinar 123 News:– It is reported that more than 50 thousand Malaysians had dreams in their minds to become an overnight millionaires because of circulated sophisticated scam of Iraqi dinar currency. A report indicated that most of them have lost RM 500 to RM 20,000 for exaggerated amounts for Iraqi dinar currency after considering that a heavy profit would be the output due to the improvement in the Iraqi currency value. Most of them waited for more than 11…

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Currency and Trade Balance to be Stable in 2016 : Finance Committee

Currency and Trade Balance to be Stable in 2016 : Finance Committee

Iraqi Dinar 123 News:– A member of Iraqi Parliamentary Economic and Investment Commission Najiba Najib issued a statement that there is not any kind of fear to Iraqi dinar currency against most of the major foreign currencies. She added in her statement that Iraqi dinar currency is getting stronger as the current price of Iraqi dinar is at 1200 Iraqi dinars per one U.S dollar or near to it. So, there is not any kind of threat for Iraqi dinar…

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Iraqi Dinar Currency Would Not Face Downfall in Future: DG CBI

Iraqi Dinar Currency Would Not Face Downfall in Future: DG CBI

Iraqi Dinar 123 News:– The British newspaper Bloomberg published on Wednesday that Iraqi Central Bank’s foreign currency reserves showed downfall in the first six month, January to July 2015, with a decrease of 59 billion U.S dollars. It is also said that Iraqi dinar currency is considered as one of the risky currencies in the Middle East region. The Director General of Iraqi Central Bank stressed that Iraqi dinar currency value will not cut down because we have a handsome…

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Companies Looking More Suitable Environment for Investment in Iraq

Companies Looking More Suitable Environment for Investment in Iraq

Economic Experts warned that the provisional stoppage of tax would be a stronger benefit for tax elusion. It would also allow engaging the taxable projects in economic cooperation with the excused in shifting profit projects using based prices of shared conversion as the payment price was fabricated evaluated with the purchased Items from the other companies. It was then rediscovered as masquerading payments and most of the companies have shown their expertise to find multiple ways in getting around the…

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Finance to Support the Issuance of New Currency Categories

Finance to Support the Issuance of New Currency Categories

On Wednesday, a member of the Iraqi Parliamentary Finance Committee Majida Al Tamimi issued a press statement that adopting new monetary policy would provide an ease to the Iraqi citizens when carrying their currency. She also stressed that the current atmosphere is suitable in order to replace the currency or execution of the project of deletion three zeros from Iraqi dinar currency. She further added in her press statement that we have experienced financial corruption in printing new currency banknotes…

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