yota691 Posted December 5, 2017 Report Share Posted December 5, 2017 The Central Bank strengthens banks in local currencies of small groups Economie 15:11 Last updated 03:15 PM 203 Watch Baghdad / Al-Ghad Press: The Central Bank of Iraq called for the need to preserve the local currency, pointing to the strengthening of local banks in local currencies of small groups. A source from the Central Bank of "Al-Ghad Press", said on Tuesday that "the bank calls for the preservation of the local currency and the strengthening of banks with small groups of local currency," pointing out that "the printing of the Iraqi currency and replace them cost amounts," calling on citizens to maintain and maintain Bank notes when trading ".He revealed that "the Central Bank has announced a tender for the printing of new banknotes (small categories) at the international printing companies." The source said that "the Central Bank to pay cash from small groups to government banks and private banks have been distributed amounts given to banks during the month of November last year of the current (554,000,000) dinars (one hundred and fifty-four million dinars) category 1000 dinars and the amount of (202,500,000) Dinars (two hundred and two million five hundred thousand dinars) category of 500 dinars, "adding that" the Central Bank of Iraq pays to the Rafidain and Rashid Bank an amount of not less than (200 million) dinars (two hundred million dinars to change) in almost every withdrawal of its own assets. 4 1 12 Quote Link to comment Share on other sites More sharing options...
danielchu Posted December 5, 2017 Report Share Posted December 5, 2017 YES those five hundred and thousands are nice! 1 1 Quote Link to comment Share on other sites More sharing options...
Carrello Posted December 5, 2017 Report Share Posted December 5, 2017 (edited) OMG....lower denominations are being distributed...I'm going to cry. Good morning, and thank you, Yota! Edited December 5, 2017 by Carrello 3 2 1 6 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted December 5, 2017 Report Share Posted December 5, 2017 This does indeed sound promising... LDs now we're talking. B/A 2 2 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted December 5, 2017 Report Share Posted December 5, 2017 Bring it 1 1 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted December 5, 2017 Report Share Posted December 5, 2017 Yota Thanks, DV, Bring on the LD's and increase the citizens purchasing power 1:1 or higher. GO RV / RI 1 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 5, 2017 Author Report Share Posted December 5, 2017 1 hour ago, Carrello said: Good morning Good Morning Carrello and all of DV..Hoping for few more of these articles on this subject... 4 6 Quote Link to comment Share on other sites More sharing options...
newbieDA Posted December 5, 2017 Report Share Posted December 5, 2017 Had this on my list from a long time ago, I stopped putting it out. I didn't know if they were true any longer. 50k Note 100k Note Lower Denoms 1 1 Quote Link to comment Share on other sites More sharing options...
King Bean Posted December 5, 2017 Report Share Posted December 5, 2017 1 hour ago, Carrello said: ...lower denominations are being distributed...I'm going to cry. When we hear about 1's, 5's, 10's and 20's...... we can all do our special "happy dance". 1 7 2 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted December 5, 2017 Report Share Posted December 5, 2017 Great find Yota !! This is the article of the week! 1 6 Quote Link to comment Share on other sites More sharing options...
nfire Posted December 5, 2017 Report Share Posted December 5, 2017 Now we are talking 2 Quote Link to comment Share on other sites More sharing options...
Carrello Posted December 5, 2017 Report Share Posted December 5, 2017 10 minutes ago, King Bean said: When we hear about 1's, 5's, 10's and 20's...... we can all do our special "happy dance". What kind of dance will you do for a "coins" ..... wait, don't answer that. 1 2 Quote Link to comment Share on other sites More sharing options...
Bigchclte Posted December 5, 2017 Report Share Posted December 5, 2017 Thanks for the post Yota. It's definitely going down! 2 Quote Link to comment Share on other sites More sharing options...
newbieDA Posted December 5, 2017 Report Share Posted December 5, 2017 1000 IQD is worth 84 cents 500 IQD is worth 42 cents probably cost more to print them 1 3 Quote Link to comment Share on other sites More sharing options...
momble65 Posted December 5, 2017 Report Share Posted December 5, 2017 (edited) I actually read this as they WERE distributed last November...or with translation issues, this November. "distributed amounts given to banks during the month of November last year" Edited December 5, 2017 by momble65 1 Quote Link to comment Share on other sites More sharing options...
Texstorm Posted December 5, 2017 Report Share Posted December 5, 2017 Good morning Yota and all of DV ! Show us the ! I want to be in the Caribbean Somewhere ! 1 4 Quote Link to comment Share on other sites More sharing options...
Lucky Dragon Posted December 5, 2017 Report Share Posted December 5, 2017 13 minutes ago, newbieDA said: 1000 IQD is worth 84 cents 500 IQD is worth 42 cents probably cost more to print them Exactly, why print them unless RV 1 2 Quote Link to comment Share on other sites More sharing options...
Carrello Posted December 5, 2017 Report Share Posted December 5, 2017 16 minutes ago, newbieDA said: 1000 IQD is worth 84 cents 500 IQD is worth 42 cents probably cost more to print them The last time I remember the cost to print one note was $1.06. The article doesn't talk about the 5,10,20 or 100s, but it doesn't say the 25,000, 10,000 or 5,000 were printed either. We are in the electronic currency age: for ATMs we won't, probably, see the 5 or 10s except on a very small basis. 2 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted December 5, 2017 Report Share Posted December 5, 2017 Many thanks yota! This is fantastic news! I honestly don’t know the actual cost of printing a 500 Dinar note, but I’m guessing it’s more than .42 cents.. 🤞🏻 2 Quote Link to comment Share on other sites More sharing options...
newbieDA Posted December 5, 2017 Report Share Posted December 5, 2017 (edited) 2 minutes ago, Half Crazy Runner said: Many thanks yota! This is fantastic news! I honestly don’t know the actual cost of printing a 500 Dinar note, but I’m guessing it’s more than .42 cents.. 🤞🏻 42 cents is the worth in USD, cost Carrello said was 1.06 cost 5 minutes ago, Carrello said: The last time I remember the cost to print one note was $1.06. The article doesn't talk about the 5,10,20 or 100s, but it doesn't say the 25,000, 10,000 or 5,000 were printed either. We are in the electronic currency age: for ATMs we won't, probably, see the 5 or 10s except on a very small basis. Edited December 5, 2017 by newbieDA 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted December 5, 2017 Report Share Posted December 5, 2017 3 minutes ago, Carrello said: The last time I remember the cost to print one note was $1.06 Ahh, thanks Carrello! You just answered my last question 👍🏻 2 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted December 5, 2017 Report Share Posted December 5, 2017 It should be noted that a 1000 dinar note times a $0.10 RV would equal $100. That is what Adam Montana has been saying for over 10 years. 2 6 5 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted December 5, 2017 Report Share Posted December 5, 2017 I'd like to see the $50.00 Dinar note back in circulation. The CBI is calling these Lower Denominations, but the Denominations we want to see are $50 and lower . Alak needs to go! He's printing more notes with little value. 5 Quote Link to comment Share on other sites More sharing options...
newbieDA Posted December 5, 2017 Report Share Posted December 5, 2017 2 minutes ago, Butifldrm said: I'd like to see the $50.00 Dinar note back in circulation. The CBI is calling these Lower Denominations, but the Denominations we want to see are $50 and lower . Alak needs to go! He's printing more notes with little value. Honestly, I am surprised we made it this far. 1 Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted December 5, 2017 Report Share Posted December 5, 2017 So should we be excited or not??? 1 Quote Link to comment Share on other sites More sharing options...
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