New Iraqi Dinar to be Harder to Counterfeit
Posted on 31 August 2011. Tags: Central Bank, dinar, IQD, iraqi dinar
According to reports from Al-Sabaah, the Central Bank of Iraq is planning to make its new currency forgery-proof.
Central Bank Governor Sinan al-Shabibi claims that the new currency’s attributes will make it ‘difficult’ to falsify, and says that the project to delete the three zeros, if implemented, will enhance the value of the Iraqi dinar against other currencies.
The Central Bank and the Finance Committee in the House of Representatives agreed to hold further meetings to finalize discussions on the project.
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