Iraq issues new version of banknotes

Iraq issues new version of banknotes

BAGHDAD (Rahnuma): The Central Bank of Iraq (CBI) on Sunday said that it has issued a new edition of most of its currency categories.

A statement by the CBI said that new changes on the categories of 25,000, 10,000, 500 and 250 dinars included adding the name of the bank governor instead of his signature in the old one.

In the category of the 1,000 dinar, the new edition showed a change in the face of the banknote.

The statement did not show any changes in the banknotes of 5,000 dinars.

The CBI asserted that the previous edition of banknotes will continue trading in the market.

After the U.S.-led invasion in 2003, Iraq had changed its currency and removed the image of the former Iraqi leader Saddam Hussein.

In November 2015, the CBI announced introduction of a new 50,000 dinar banknote.

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