Iraq – Page 4 – BanknoteNews

According to Iraq’s semi-official Alsabaah newspaper, the finance committee received specimens of the new Iraq banknotes from the Central Bank of Iraq. The specimens were of the 25, 50, 100, and 200 dinars. The committee urged the central bank to delay the introduction of the new currency from January 2013Read More…

Iraq halts plans to revalue dinar

By: Owen Linzmayer

On: 2012-04-16

In: Middle East

Tagged: Iraq

With: 0 Comments

According to a Reuters article dated 12 April 2012, Iraq has decided not to move forward with revaluing the dinar 1,000:1 this coming September as originally planned, because cabinet secretary Ali al-Alaq says the economic climate is not suitable for such a move. The redenomination is on hold “until furtherRead More…

Iraq planning new 50,000-dinar note

By: Owen Linzmayer

On: 2012-03-08

In: Middle East

Tagged: Iraq

With: 0 Comments

According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in additionRead More…

Iraq revalued dinar new note family reported for introduction in September 2012

By: Owen Linzmayer

On: 2012-02-25

In: Middle East

Tagged: Iraq

With: 0 Comments

According to an artilce in The Kurdish Globe dated 25 February 2012, the Central Bank of Iraq has agreed with the Economic Committee of the Iraqi parliament to introduce new banknotes in September 2012, and withdrawl old notes within a year of that date. The new notes will be denominatedRead More…