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Found 2 results

  1. Didnt take long for the GooooRUS to twist a simple announcement into a form of preannounce of an RV/RD! Truth is Iraq is a cash economy. Merchants dont have POS and cc readers like we have here , they must make change in cash. The only thing this announcement means is that they are getting tight on available small notes . They dont have coins that last a long time . The small notes are folded and handled carelessly so they wear out fast. Inability to make change will shutdown a small business. All this special window does is allow a merchant to send employee with a couple of 25K notes to this window to get a quick handfull of smalls to keep his business going .. THAT's ALL. Note however that every note , even the smallest costs 6 cents ( that's 72 dinar) to replace !!!! That is an expense to the CBI. That is why the 50 note is gone. The 100 will be next.
  2. hey guys, was wondering if anyone knows of any dealers who have programs in place to swap out 25,000 notes for smaller notes? i like the 25,000 notes, fit nicely in my bank box, easy to count and i dont believe they will do away with single notes vs the whole currency so doesn't matter to me but a coworker is looking to swap his 25,000 and 10,000 notes for small stuff
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