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Banknotes And Coins - No Update Of 50 Dinar Note Phase Out On CBI Site !


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CNN. Broadcasting While Wondering Why The 50 IQD Note Isn't On The Endangered Species List !

 

 

 

(by frostythesnowman)

 

Current screen-shot of CBI website - (Banknotes & Coins)

Doesn't it seem odd that there's not a "NOTICE OF ELIMINATION" link on the 50 note? 

Wouldn't it make sense to place some type of warning/caution notice to the citizen's ... (and banks of the world) that it's being "eliminated" soon? 

http://www.cbi.iq/index.php?pid=Banknotes

 

 

 

IQD.jpg

Edited by DinarThug
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2015-03-01-191637%D8%A7%D9%84%D8%A8%D9%8
Central Bank
19:16
01/03/2015
Central Bank of Iraq announced the start replacing the coin 50 dinars as of this March after his decision to drag. He added that the bank "Due to stop the public from trading cash paper category 50 dinars, he decided to withdraw this banknote from trading on the basis of the powers vested in Article 36 of the Bank Act No. 56 of 2004", "The banks and their branches will start replacing these banknotes presented to it without fee or commission, and will be deposited with the bank and its branches for the purpose of restricting the corresponding value in the accounts we have. " "The term, which will replace the banknotes will begin on the first of March to 30 of April next," he said, adding that "the end of the replacement period banknote will be null and void and has no discharge power will not be accepted in Iraq."

Read more: http://dinarvets.com.../#ixzz3TVtKxAP3

Read more: http://dinarvets.com/forums/index.php?/topic/198383-new-cbi-announcement-03042015/#ixzz3TVtokVgI

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Quote

 

Doesn't it seem odd that there's not a "NOTICE OF ELIMINATION" link on the 50 note?

Wouldn't it make sense to place some type of warning/caution notice to the citizen's ... (and banks of the world) that it's being "eliminated" soon?

 

Yes that would make sense, but this is Iraq.

 

 

No disrespect.

 

Honestly, Do you think Iraq is on the ball? 

 

There is a big difference from what Iraq should do and what they actually do.

Edited by deniscanada
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Considering the atmosphere..and the Lives these Folks have to Live....with death and destruction...in certain parts..trying to appease everyone....Abadi and his government..seems they are trying as hard as they can...Feeling Bless not to be subjective to that Lifestyle

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mmmmmmmm   if  the  logic  holds .......  maybe   the  notes  will stand ........   or  if something  gets lopped off ,  the 1000  will be  100   the 10,ooo   will be 1000   the 25,ooo  will be  the 2500    ---------  and I hope that is  low as it goes

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WTF Why is it that I get error, that I don't have permission to edit my own post.

After someone has posted, you can't edit your post.

The look of the site in general hasn't been changed since 2012 - other than the daily auctions, the financial information and the news releases most of the info is dated.

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