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The central bank issues a decision to cover the market need of small monetary categories


yota691
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Secretary: Dealing with electronic card helps reduce the damage of cash

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The economic expert, Al-Amin safe haven, a move by the Central Bank to put quantities of local currency that meet the needs of the market and citizen, calling for the need to encourage the use of the card (Key Card) to reduce the damage of cash.
The secretary said in a statement quoted by the newspaper "time" and viewed by "economy News", "The local currency has passed on the issuance of more than a decade, causing damage to large quantities of them as a result of trading among citizens over the past years and this is contrary to what is in other countries, Damaged every five years. "
He pointed out that "the bank's positive step to meet the need of the market and the citizen, despite the delay because the small local currencies have become scarce and most of them damaged," and the Secretary said that "strengthening the currency and the Iraqi dinar at the present time, where some countries are experiencing economic deterioration leads to the recovery of Iraq's economy and the bank need attention For this sensitive issue. "
"Unfortunately, Iraq is still lagging behind in the use of electronic financial cards in transactions such as the card and others, which contain the bank account of the person and through which to shop from any party, so those concerned encourage the use of these cards to keep the currency from damage."
The bank plans to launch large amounts of local currency in small groups next month.

 

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20 hours ago, Floridian said:

 

I am not saying that at all.

 

 You don’t understand what I’m saying and I don’t know how else to say it.   I’m tired of trying to make you understand, so I’m not talking anymore tonight and maybe never. This way, a lot of you people will be very happy. 

 

 In the words of Mike Myers, “talk among amongst yourselves“. 

 

Well don't leave Floridian. I for one like "most" of the stuff you contribute. Anything I don't care for I just blast on by. No biggie, so please stay in the throws of confusion with the rest of us...  LOL   :)   

 

   pp

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www.thebaghdadpost.com/ar/Story/121286/خبير-اقتصادي-العراق-ما-زال-متخلفا-في-استخدام-البطاقات-المالية-الالكترونية............

Iraq still lagging behind using electronic financial cards, economist says

Ironing card
 
 

Key Card

Al-Amin called for encouraging the use of the electronic card (K-Card) to reduce the damage of cash, noting: "The intention of the Central Bank to put amounts of local currency positive to meet the need of the market and the citizen, although it is late."

Al-Amin said in a press statement: "The local currency has passed over the issuance of more than a decade, which caused the destruction of large quantities of them as a result of trading among citizens over the past years, and this is contrary to what is in other countries, as you withdraw the damage every five years."

"The bank's move is positive to meet the need of the market and the citizen despite its delay, because the small local currencies have become scarce and most of them are damaged." "The strengthening of the currency and the Iraqi dinar at present, in which some countries are experiencing economic deterioration, lead to the recovery of the Iraqieconomy and the bank need to pay attention to this sensitive issue."

He added: " Iraq is still lagging behind in the use of electronic financial cards in transactions such as the card and others, which contains the bank account of the person and can be shopping from any hand, so those concerned encourage the use of those cards to keep the currency from damage.

 

 

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1 hour ago, blueskyline said:

www.thebaghdadpost.com/ar/Story/121286/خبير-اقتصادي-العراق-ما-زال-متخلفا-في-استخدام-البطاقات-المالية-الالكترونية............

Iraq still lagging behind using electronic financial cards, economist says

Ironing card
 
 

Key Card

Al-Amin called for encouraging the use of the electronic card (K-Card) to reduce the damage of cash, noting: "The intention of the Central Bank to put amounts of local currency positive to meet the need of the market and the citizen, although it is late."

Al-Amin said in a press statement: "The local currency has passed over the issuance of more than a decade, which caused the destruction of large quantities of them as a result of trading among citizens over the past years, and this is contrary to what is in other countries, as you withdraw the damage every five years."

"The bank's move is positive to meet the need of the market and the citizen despite its delay, because the small local currencies have become scarce and most of them are damaged." "The strengthening of the currency and the Iraqi dinar at present, in which some countries are experiencing economic deterioration, lead to the recovery of the Iraqieconomy and the bank need to pay attention to this sensitive issue."

He added: " Iraq is still lagging behind in the use of electronic financial cards in transactions such as the card and others, which contains the bank account of the person and can be shopping from any hand, so those concerned encourage the use of those cards to keep the currency from damage.

 

 

good one...thanks

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https://www.alsumaria.tv/mobile/news/247966/iraq-news.........

The Central Bank announces the receipt of all dollar-specific issues

 
 
 

September 22, 2018

 
 
 

Economy and business

Alsumaria News Details Back
Central Bank announces ...
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Alsumaria News / Baghdad 
announced that the Central Bank of Iraq on Saturday, he will receive all versions in dollars, noting that it comes to the prevention ofjurisprudence in accepting or rejecting some foreign banknotes. 

The bank said in a statement received by Alsumaria News that it would "receive all issues of foreign banknotes (dollar) from all banks that the banknote is good and according to the criteria set in accordance with the mechanism of receipt of foreign banknotes issued by the bank." 

"The aim of this is for regulatory purposes in order not to get the jurisprudence of some banks or exchange offices to accept or reject some of the foreign currency (dollar) circulation."

 
It is noteworthy that some banking offices refuse to buy or deal with the category of $ 100 from previous editions before 2006, in addition to not dealing with the category of one dollar.
 
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The central bank receives all dollar-specific issues

11:57 - 22/09/2018
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Information / Baghdad ..

The central bank announced on Saturday that it will receive all the dollar-denominated issues, indicating that this comes to prevent judgment on the acceptance or rejection of some foreign currency notes.

A statement issued by the bank said that it will receive all foreign currency notes from all banks on the basis that the banknotes are good and in accordance with the criteria set by the foreign bank receipt mechanism issued by the bank.

"The objective is for regulatory purposes in order not to get the jurisprudence of some banks or exchange offices to accept or reject some of the foreign currency (dollar) circulation." Ending / 25

http://www.almaalomah.com/2018/09/22/346958/

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  • yota691 changed the title to The Central Bank announces the receipt of all dollar-specific issues

The central bank receives all dollar-specific issues

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8
The central bank receives all dollar-specific issues

 

22-09-2018 12:55 PM

 

The Euphrates -

 

The central bank announced on Saturday that it will receive all the dollar-denominated issues, indicating that this comes to prevent judgment on the acceptance or rejection of some foreign currency notes. 

A statement issued by the bank said that it would "receive all foreign currency issuances" "dollar" from all banks on the basis that the banknote is good and in accordance with the criteria set in accordance with the mechanism of receipt of foreign banknotes issued by the bank. 

"The objective is for regulatory purposes in order not to get the jurisprudence of some banks or exchange offices to accept or reject some of the foreign currency (dollar) circulation."

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22-09-2018 11:27 AM
image.php?token=2e16ba6b232bb7f375a6e741184fb728&size=
 


 

 

The central bank announced on Saturday that it will receive all the dollar-denominated issues, indicating that this comes to prevent judgment on the acceptance or rejection of some foreign currency notes. 

A statement issued by the bank said that it would "receive all foreign currency issuances from all banks on the basis that the banknotes are good and in accordance with the criteria set out in the bank's foreign currency receipt mechanism." 

The statement added that 'the purpose of this is for regulatory purposes in order not to get the jurisprudence by some banks or exchange offices to accept or reject some of the foreign currency (dollar) traded'.

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Saturday 22 September
 
 
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Alsumaria News / Baghdad 
announced that the Central Bank of Iraq on Saturday, he will receive all versions in dollars, noting that it comes to the prevention of jurisprudence in accepting or rejecting some foreign banknotes. 

The bank said in a statement received by Alsumaria News that it would "receive all issues of foreign banknotes (dollar) from all banks that the banknote is good and according to the criteria set in accordance with the mechanism of receipt of foreign banknotes issued by the bank."

 

 


"The aim of this is for regulatory purposes in order not to get the jurisprudence of some banks or exchange offices to accept or reject some of the foreign currency (dollar) circulation." 

It is noteworthy that some banking offices refuse to buy or deal with the category of $ 100 from previous editions before 2006, in addition to not dealing with the category of one dollar.

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I retranslated in Bing

 

The central bank receives all dollar-specific issues

11:57 - 22/09/2018


Information/Baghdad.
The central bank announced on Saturday that it will receive all the dollar-specific issues, stating that this is to prevent the case for the acceptance or rejection of some foreign banknotes.
"All issues of foreign banknotes will be received by the dollar from all banks, and the banknote should be good and according to the criteria set according to the mechanism of receiving foreign banknotes issued by the bank," said a statement by the bank, which received a copy of it.
"The aim is for regulatory purposes to ensure that there is no case for some banks or bureaux de change to accept or reject certain foreign banknotes (the dollar) in circulation," the statement said. Ended

 

http://www.almaalomah.com/2018/09/22/346958/

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  • yota691 changed the title to The central bank issues a decision to cover the market need of small monetary categories
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