CBI Issues New Cash Rules — All Dinar Bills Must Be Accepted! 🇮🇶💵

02/12/2025 37 min

Listen "CBI Issues New Cash Rules — All Dinar Bills Must Be Accepted! 🇮🇶💵"

Episode Synopsis

Iraq has been facing a growing problem: banks, shops, andlink to My FX Buddies Blog money exchangers refusing small denominations like 250, 500, and 1,000 dinar notes. This has caused huge piles of small bills to accumulate in people’s homes — and it’s now affecting salary payments and market liquidity.The Central Bank of Iraq has finally stepped in with new guidelines forcing all banks, private institutions, and currency dealers to accept every type of Iraqi dinar — even old, torn, or worn-out notes.If you'd like to Support the channel: ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠...⁠ ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠...⁠.Many banks and shops reject small bills under 10,000 IQDCitizens have been holding on to large amounts of low-value notesThe Central Bank confirmed there is a cash imbalance between denominationsIraq spends 7 trillion IQD every month on salariesBut 15 trillion IQD is being held by the public and not circulatingThis blocks money from returning to the banking systemAnd causes shortages during salary cyclesAll banks must accept all types of dinar billsCurrency dealers must accept every denominationBills must be accepted even if worn, old, or slightly damagedGovernment offices must stop making excuses when handling small notesShop owners are urged to cooperate with the new rulesThe Central Bank aims to eliminate discrimination between denominationsEconomists say the Central Bank wants to solve the cash shortage that keeps causing:Market instabilitySalary delaysHoarding of small notesPeople being forced to exchange small bills at a lossWith the new guidelines, every dinar is equal — and Iraq aims to restore proper circulation of currency across the market.🔥 What’s Going On?🔥 What the New CBI Guidelines Require:🔥 Why It Matters:With the new guidelines, every dinar is equal — and Iraq aims to restore proper circulation of currency across the market.✨ Reset Naturally — Grab the Holiday Helper Plan 🎁⁠https://buymeacoffee.com/tishwash/e/479454⁠

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