Iraq Economic News and Points to Ponder Monday AM 1-20-25
Iraq Launches New Banknotes With Innovative Security Markings For The Visually Impaired
Economy breaking 2025-01-19 01:54 Shafaq News/ The Central Bank of Iraq unveiled the security marks for banknotes in circulation, with the aim of educating the public, as well as the companies and commercial banks that deal with these notes on a daily basis.
The Central Bank reviewed these improved security signs, through a technical bulletin, received by Shafaq News Agency, noting the introduction of prominent signs on the new banknotes to enable the visually impaired to recognize the denominations of bills by touch.
In the context of awareness, the bank indicated that the public will have sufficient time to adapt to the new banknotes, stressing the importance of sharing this information with those around them.
The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.
The bank explained that its main objectives are to maintain the stability of local prices and ensure a financial system based on a stable competitive market. It also aims to promote sustainable growth, job opportunities, and prosperity in Iraq.
The Central Bank of Iraq reviewed the excellence of Iraqi banknotes, as they are among the most complex security marks, and were manufactured from the best types of paper used in printing banknotes to ensure quality and security.
The bank stressed that any attempt to manufacture, possess, or pass counterfeit banknotes is considered a criminal act and is severely punished by law, calling for any counterfeit banknotes to be handed over to the police and the Central Bank of Iraq.
The headquarters of the Central Bank of Iraq is located in the center of the capital, Baghdad, and it has three branches in the cities of Basra, Mosul, and Erbil within the Kurdistan Region.
https://media.shafaq.com/media/arcella_files/1737284012913_دليل الاوراق النقدية.pdf
https://shafaq.com/ar/اقتصـاد/العراق-يطرح-وراقا-نقدية-جديدة-بعلامات-منية-مبتكرة-لضعاف-البصر-صور
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Read Below To See Affected Denominations And Security Features Explanations.
https://shafaq.com/ar/اقتصـاد/العراق-يطرح-وراقا-نقدية-جديدة-بعلامات-منية-مبتكرة-لضعاف-البصر-صور
https://media.shafaq.com/media/arcella_files/1737284012913_دليل الاوراق النقدية.pdf
Shafaq News/ The Central Bank of Iraq has unveiled the security marks of the circulating banknotes, with the aim of educating the public, as well as companies and commercial banks that deal with these banknotes on a daily basis.
The Central Bank reviewed these improved security features, through a technical bulletin, which was received by Shafak News Agency, indicating the introduction of prominent features on the new banknotes to enable the visually impaired to identify the banknote denominations by touch.
In the context of awareness, the bank indicated that the public will have enough time to adapt to the new banknotes, stressing the importance of sharing this information with those around them.
The Central Bank of Iraq confirmed that the new banknotes will be circulated alongside the old ones, and there will be no intention to withdraw the old banknotes from circulation.
The bank explained that its main objectives are to maintain the stability of domestic prices and ensure a financial system based on a stable competitive market, and it also aims to promote sustainable growth, job opportunities, and prosperity in Iraq.
The Central Bank of Iraq reviewed the distinction of Iraqi banknotes, which are among the most complex security features, and are manufactured from the best types of paper used in printing banknotes to ensure quality and security.
The bank stressed that any attempt to manufacture, possess or pass counterfeit banknotes is a criminal act punishable by law, calling for any counterfeit banknotes to be handed over to the police and the Central Bank of Iraq.
The headquarters of the Central Bank of Iraq is located in the center of the capital, Baghdad, and it has three branches in the cities of Basra, Mosul, and Erbil within the Kurdistan Region
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