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Economic sources: 90 billion dinars cost of the new currency and put the name of the relationship

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Economic sources: 90 billion dinars cost of the new currency and put the name of the relationship

Unread postby admin » Wed Oct 10, 2018 8:26 am

Economic sources: 90 billion dinars cost of the new currency and put the name of the relationship

2018/10/10 9:51

Economic sources - 90 billion dinars cost of the new currency and put the name of the relationship

(Baghdad: Al-Furat News) According to economic sources that the total currencies that have been printed recently, and put the name of the governor of the Central Bank, it amounts to more than 90 billion Iraqi dinars.
The Central Bank of Iraq announced last Saturday in a surprise move, the printing of large quantities of small groups of the Iraqi currency and the beginning ofdistribution, and write the name of the governor {agency} Ali Alalak, after improving the type of material used, and make a simple change in the form of these categories.
And raised the move of relations by placing his name on the currency in addition to signing a kind of controversy in the Iraqi street, and some called the House of Representatives to remove this addendum.
The House of Representatives discussed the issue yesterday, said First Vice-President of the Council Hassan al-Kaabi, "The interventions of the meeting obliged us to attend the Governor of the Central Bank regarding the new currency, will be the date of hosting the governor on Thursday (tomorrow)."
However, the director of accounting at the Central Bank Ihsan al-Yasiri said in a press statement that the move was considered normal, considering that many central banks in the world put the name of the governor next to the signature, and only at other times sign, citing it as a "fingerprint of the Iraqi currency."
"These small groups are the ones that were printed in 2004 and include categories of 250, 500 and 1000 dinars, and today the need is much needed to pump more into the Iraqi market," he said.
"Iraq received two days ago the first shipment of the category of thousand dinars and distributed to banks and financial institutions in order to put them to market, and this month will receive shipments of 250 and 500 dinars."
The Central Bank of Iraq changed the image of the Islamic dinar on the category of a thousand dinars and made it a picture of the Assyrian logo.
For his part, the legal expert Gamal al-Asadi, the existence of a legal violation in the name of the governor of the Central Bank, the second edition of the Iraqi currency, and told the {Euphrates News} Monday that the lack of reference to the status of the governor by proxy and write only a conservative in the currency is not original " The law because it is according to the Iraqi constitution is supposed to vote on the original in the House of Representatives and Ali al-Alaq acting proxy and legally speaking if raised Vtahal status.
For his part, counting the historian Ghazi Ahmed al-Samarrai, step by "the previous did not occur on the date of the modern Iraqi currency since its issuance 87 years ago."
While attributed the general manager of the issuance and cabinets in the Central Bank Abdul Karim Hassan reasons to write the name of the governor on the new currency to know the citizen who is the governor. "

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