New Iraqi banknotes with high security specifications - PowerPoint PPT Presentation

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New Iraqi banknotes with high security specifications

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Iraq Central Bank announced last week for printing new bank notes contain signs of additional security make it difficult to counterfeit or tampered with. – PowerPoint PPT presentation

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Title: New Iraqi banknotes with high security specifications


1
New Iraqi banknotes with high security
specifications
2
Content
  • Introduction
  • What does Iraqi bank note with security
    specification provide
  • Features of Iraqi bank notes with Security
    Specifications
  • Aim of Iraqi bank notes with Security
    Specification
  • Working Principle Of Iraqi bank notes with
    Security Specifications
  • Conclusion

3
Introduction
  • Iraq Central Bank announced last week for
    printing new bank notes contain signs of
    additional security make it difficult to
    counterfeit or tampered with.
  • The Age of the supposed global currency paper
    between three to five years, and the Iraqi
    currency currently in place extends life for
    about 10 years and has become a lot of
    categories, particularly small and old outdated.

4
What does it provide
  • The Director of Treasury at the Central Bank
    Ihsan Shomran Yasiri to my home that the CBI
    re-printed paper currencies of small
    denominations (250, 500 and 1000) dinars, and
    also large groups (5, 10 and 25) thousand dinars.
  • The new currency, which started offering small
    ones for trading not much different from the
    currency currently in circulation among the
    citizens in terms of shape, but it provided the
    technical specifications more efficient and safer
    as contained signs of security and properties of
    many technical make currency a longer lifetime
    and are difficult or impossible to falsify.

5
Features of Security Specifications
  • These include security tags added security
    thread, a colourful stripe width of one
    millimetre small cash currencies and four
    millimetres of large, colourful filaments are
    visible and the other does not see only through
    the use of detection devices.
  • Add to sign a sophisticated, high-quality know
    Balspark in place in several countries of the
    world, according to Yasiri.

6
Aim of Security Specification
  • These features will contribute to enhancing the
    protection of Iraqi funds from counterfeiters and
    manipulators.
  • According to Yasiri to enable citizens blind and
    visually impaired circulation of the new currency
    and excellence, it contained a prominent signs or
    protrusions. It was also repainted and a
    protective material to prevent damage due to
    continuous trading them.

7
Working Principle Of Security Specification
  • A GRADUAL PROCESS OF REPLACING
  • Yasiri said that the total value of banknotes
    will be printed at around five trillion dinars
    (4.3 billion dollars) will be pumped circulation
    categories used instead of gradually. He pointed
    out that put the new currency will not eliminate
    the cash currently rolling paper, where work
    groups will be created alongside the old.
  • Antoine explained that there are a lot of
    techniques and modern labels that have been
    introduced in recent years in the world to
    fortify the currency of fraud and manipulation.
    He believed that it is necessary to increase
    awareness of the characteristics and
    specifications of the new categories of cash and
    the statement of the importance of re-printing
    the currency and encourage circulation.

8
(No Transcript)
9
Conclusion
  • The procedure will give the Iraqi dinar a large
    force in front of the rest of the other world
    currencies, as well as the ease of carrying and
    trading groups yellowed cash in banking
    transactions and the buying and selling and
    monetary exchange.

Thank You
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