CBI News 12/26/2019

[yota691]

The Bulgarian National Bank informs the Central Bank of Iraq to renew its (50) Lev currency note

 

  

 December 26, 2019

 

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The Central Bank of Iraq announces that the Bulgarian National Bank has renewed its (50) Lev banknote, in addition to updating some of the security specifications found in the 1999 and 2006 versions of the same category above. Legal until replacement of damaged banknotes in this category.

 

The Central Bank of Iraq

information Office

December 26, 2019

§ The new banknote class (50) Bulgarian Lev §

 

[yota691]

The Central Bank Of Iraq, “The Bulgarian National Bank Notified Us Of The Renewal Of Its 50-Leaf Bank Note”

Last updated December 26, 2019

 

 

(Independent) ... The Central Bank of Iraq informed all the banks, today, Thursday, that Bulgaria has renewed its 50 lev note.
The bank said in a statement that the independent received a copy of it, “The Bulgarian National Bank notified us that it has renewed its 50-leaf cash note, in addition to updating some of the security specifications found in the 1999 and 2006 issues.

 

The bank indicated that "the old banknote of the same category remains for circulation and has strength, innocence and legal offer until the damaged banknotes of this category are replaced."

The bank asked all private banks to "inform their employees who work in the field of foreign exchange about the new issuance of the Bulgarian National Bank."

[yota691]

The central bank informs the banks of a new Bulgarian banknote

Economie

2019-12-26 | 04:33

 

14,388 views

Thursday, the Central Bank of Iraq informed all banks that Bulgaria had renewed its 50 lev bill.

The bank said in a statement Alsumaria News received a copy of it, " National Bank of Bulgaria let us know that he has identified cash and paper category 50 fiber, as well as to update some of the security specifications in 1999 and 2006 editions.

 

 

 

The bank added that "the old banknote of the same category remains for circulation and has strength, innocence and legal offer until the damaged banknotes of this category are replaced."

The bank asked all private banks to "inform their employees who work in the field of foreign exchange about the new issuance of the Bulgarian National Bank."

[6ly410]

https://cbiraq.org/SeriesChart.aspx?TseriesID=157

 

 

Edited December 28, 2019 by 6ly410

[6ly410]

can somebody help me out here please and explain this?

 

thanks

[Artitech]

1 minute ago, 6ly410 said:

can somebody help me out here please and explain this?

 

thanks

Maybe Synopsis will weigh in on it! 🤠

[6ly410]

https://cbiraq.org/DataValues.aspx?dtFrm=01/31/2004&dtTo=12/27/2019&tmId=157&dtformat=MMM,yyyy

[yota691]

Central banks of four countries renew their currencies

Friday 27 December 2019 126

 

Baghdad / Al-Sabah

 

Banks of the countries of Bulgaria, Georgia, Switzerland, and Belarus have addressed the Central Bank of Iraq, noting that they are issuing or renewing their currencies from various banknotes.

And the Central Bank of Iraq announced in separate statements that were followed up and viewed by "Al-Sabah", that "the Bulgarian National Bank has renewed its (50) Lev currency note, as well as updating some of the security specifications in the 1999 and 2006 versions of the same category." From the Bulgarian Bank, clarifying that "the old banknote of the same class remains for trading and has the strength, discretion and legal offer until the damaged banknotes of this category are replaced."

Coin of 10 lari

The Central Bank stated in another statement that "the National Bank of Georgia issued the updated (10) Larry banknote, knowing that the old banknote of the same category and the issuances and old categories remain in circulation and have the power of release and legal offer."

 

Swiss franc

The Central Bank of Iraq announced that "the Swiss National Bank has renewed its (100) franc banknotes". He explained, "This category is the sixth of the ninth series of Swiss national currencies," and quoted the Swiss bank's assertion that "the old banknote of the same category and other categories of the eighth series remains for trading, with strength, discharge, and legal offer."

The Central Bank concluded by noting that "the National Bank of the Republic of Belarus issued for circulating updated banknotes of two categories (10, 5) rubles by issuing 2009".

 

The Turkish Lira

In the same context, the Turkish Central Bank announced new copies of the paper categories of the Turkish lira, stressing that the old copies will be withdrawn from the markets at the beginning of the new year and lose their value in it.

The Central Bank of the Turkish Republic (TCBM) published on its official website, on December 9, a statement saying that the new paper copies will be launched in the first days of 2020, and the old versions of the 2004 edition will lose their value with the end of the last hour of December 31 The current first.

He called on residents in Turkey to replace their old paper money, which will become completely undervalued as of the beginning of the new year, through the Turkish Central Bank "TCMB" and the Turkish Agriculture Bank "Ziraat Bankası" according to the statement.

"This renewal came in accordance with the announcement No. 26516 published in the Turkish Official Gazette on May 8, 2007, which stipulated the removal of banknotes issued in the year 2004 from the" E8 "group.

The group includes "E8" categories (pounds, ten pounds, 20 pounds, 50 pounds, 100 pounds), and according to the announcement, it was suspended from trading in 2010, while its value will be permanently lost in the last days of this year.

The decision issued by the Central Bank did not include the paper categories of the group "E9", which are the newest among the groups and fit for circulation. This group includes the categories (ten pounds, 20 pounds, 50 pounds, 100 pounds, 200 pounds) issued in 2009 and later. , As the decision singled out only the "E8" paper categories, which includes the currency whose issuance date is 2004, and circulation started in 2005.

This means that, starting next year, the Turkish markets will see trading in two different versions, in the form of the ten categories, to 200 pounds.

Turkey witnessed a fundamental transformation in the year 2005, when the currency, which was worth "one million" and containing six zeros at the end, was used until 2004, and as of that period the Turkish Central Bank called the Turkish lira the name of "the new Turkish lira".

The Turkish currency includes paper groups from "E1" to "E9" and is divided according to the date of issuance of the design for the currency and the start of dealing with it, to the period of its validity, expiration and lifting from the markets, and the group "E1" is the oldest among them, and it started in 1947 and lost its value completely In 1962.

[gregp]

9 hours ago, 6ly410 said:

https://cbiraq.org/DataValues.aspx?dtFrm=01/31/2004&dtTo=12/27/2019&tmId=157&dtformat=MMM,yyyy

Delta, Frank, jump in here....

 

[Floridian]

8 hours ago, yota691 said:

Central banks of four countries renew their currencies

Friday 27 December 2019 126

 

Baghdad / Al-Sabah

 

Banks of the countries of Bulgaria, Georgia, Switzerland, and Belarus have addressed the Central Bank of Iraq, noting that they are issuing or renewing their currencies from various banknotes.

And the Central Bank of Iraq announced in separate statements that were followed up and viewed by "Al-Sabah", that "the Bulgarian National Bank has renewed its (50) Lev currency note, as well as updating some of the security specifications in the 1999 and 2006 versions of the same category." From the Bulgarian Bank, clarifying that "the old banknote of the same class remains for trading and has the strength, discretion and legal offer until the damaged banknotes of this category are replaced."

Coin of 10 lari

The Central Bank stated in another statement that "the National Bank of Georgia issued the updated (10) Larry banknote, knowing that the old banknote of the same category and the issuances and old categories remain in circulation and have the power of release and legal offer."

 

Swiss franc

The Central Bank of Iraq announced that "the Swiss National Bank has renewed its (100) franc banknotes". He explained, "This category is the sixth of the ninth series of Swiss national currencies," and quoted the Swiss bank's assertion that "the old banknote of the same category and other categories of the eighth series remains for trading, with strength, discharge, and legal offer."

The Central Bank concluded by noting that "the National Bank of the Republic of Belarus issued for circulating updated banknotes of two categories (10, 5) rubles by issuing 2009".

 

The Turkish Lira

In the same context, the Turkish Central Bank announced new copies of the paper categories of the Turkish lira, stressing that the old copies will be withdrawn from the markets at the beginning of the new year and lose their value in it.

The Central Bank of the Turkish Republic (TCBM) published on its official website, on December 9, a statement saying that the new paper copies will be launched in the first days of 2020, and the old versions of the 2004 edition will lose their value with the end of the last hour of December 31 The current first.

He called on residents in Turkey to replace their old paper money, which will become completely undervalued as of the beginning of the new year, through the Turkish Central Bank "TCMB" and the Turkish Agriculture Bank "Ziraat Bankası" according to the statement.

"This renewal came in accordance with the announcement No. 26516 published in the Turkish Official Gazette on May 8, 2007, which stipulated the removal of banknotes issued in the year 2004 from the" E8 "group.

The group includes "E8" categories (pounds, ten pounds, 20 pounds, 50 pounds, 100 pounds), and according to the announcement, it was suspended from trading in 2010, while its value will be permanently lost in the last days of this year.

The decision issued by the Central Bank did not include the paper categories of the group "E9", which are the newest among the groups and fit for circulation. This group includes the categories (ten pounds, 20 pounds, 50 pounds, 100 pounds, 200 pounds) issued in 2009 and later. , As the decision singled out only the "E8" paper categories, which includes the currency whose issuance date is 2004, and circulation started in 2005.

This means that, starting next year, the Turkish markets will see trading in two different versions, in the form of the ten categories, to 200 pounds.

Turkey witnessed a fundamental transformation in the year 2005, when the currency, which was worth "one million" and containing six zeros at the end, was used until 2004, and as of that period the Turkish Central Bank called the Turkish lira the name of "the new Turkish lira".

The Turkish currency includes paper groups from "E1" to "E9" and is divided according to the date of issuance of the design for the currency and the start of dealing with it, to the period of its validity, expiration and lifting from the markets, and the group "E1" is the oldest among them, and it started in 1947 and lost its value completely In 1962.

 

Why are they going to such great lengths to explain how the Turkish Lira "lopped".  What are they trying to tell everybody?   I don't like this!

[DoD]

2 hours ago, gregp said:

Delta, Frank, jump in here....

 

They are saying November the CBI dropped the 3 zeros. 

We report, you decide....

[gregp]

1 minute ago, DoD said:

They are saying November the CBI dropped the 3 zeros. 

We report, you decide....

There’s definitely some good signs.  

[Laid Back]

I believe the CBI is now part of World Central Banks and they have to announced any changes in currencies from other countries.

When the IQD goes international it will be announced by others Central Banks around the world.

 

just my opinion 

 

Go CBI

Go international 

Go RV

Go new notes ( lower Denomination)

[southbeach]

Bump

[Half Crazy Runner]

2 hours ago, Laid Back said:

I believe the CBI is now part of World Central Banks and they have to announced any changes in currencies from other countries.

When the IQD goes international it will be announced by others Central Banks around the world.

 

just my opinion 

 

Go CBI

Go international 

Go RV

Go new notes ( lower Denomination)

That makes perfect sense. Praying you’re right!! 🙏🏻 

[Laid Back]

My personal opinion. I looked at the chart and it only shows Dinar issued in certain period of time. It doesn’t show anything related to money in circulation.

 

https://cbiraq.org/SeriesChartBig.aspx?isVir=0&dateFrom=01/31/2004&dateTo=12/28/2019&TseriesID=157

 

They have drastically reduced the amount of Dinar issued. This means they are getting ready to delete the zeros and give real market value to the Dinar and at the same time releasing the Lower denomination notes with more value.

 

Go CBI

Go delete of the zeros 

Go Lower denomination 

Go purchasing power 

 

 

 

 

Edited December 28, 2019 by Laid Back