Central Bank of Iraq Criticizes the Delivery of Iraqi Dinar Banknotes for Citizens
|June 11, 2014||Filled under Central Bank of Iraq|
Central Bank of Iraq News –
Criticized the CBI, the government banks to be delivered “banknotes stale and obsolete” for state employees, and with the exception of it as a “difficult chance of cleaning the market” trading of these securities, called on banks to “pay the salaries of the staff of the Currency modern printing.”
The central bank said, according to the newspaper (long-Presse) a copy of it, that “the institutions of the state and some private institutions dealing with government banks complaining about the delivery of some bank branches to the salaries of employees and retirees, paper money is good though to be damaged or worn,” explaining that “so it makes opportunity to clean up the market of trading securities worn and damaged difficult which is working on the bank for months.”
The bank said in its statement that “the bank may face these banks need to paydays of currency good or non-current, or modern printing”, calling on the government banks to ” the possibility of a good supply of currencies and non-current in order to distribute the salaries of state employees.”
The bank warned that banks “will impose financial penalties in the event of an identifiable position papers to the Central Bank on the leaves of a corrupted it is handed over to customers.”
The CBI attributed, in (October 11, 2013), and the presence of scarcity in Banknotes valid with the small category in the markets to the weakness in the mechanism of receiving damaged, and pointed out that “careful” not to treat citizens or markets currencies damaged, because it works on replaced constantly, while stressing his possession confounded much of those currencies potable ready to put up for trading.
Referred to as the phenomenon of the spread of the currency damaged or desolated has become a source of inconvenience to a lot of citizens, merchants and taxi drivers, because they bothered to deal with any banknotes cut or connected to, as well as for this phenomenon is that imposed itself on the circulation of people and led them to accept the deal in the damaged to preserve the continuation of their work well.
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