New Iraqi Dinar to be Harder to Counterfeit

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.

(Source: Al-Sabaah)

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One Response to New Iraqi Dinar to be Harder to Counterfeit

  1. Notice: Only variables should be assigned by reference in /srv/users/ibn/apps/ibn/public/wp-content/plugins/subscribe-to-comments/subscribe-to-comments.php on line 590
    O Shirley Ujest
    31st August 2011 at 15:02 #

    Regardless of how a currency is designed and manufactured; if a large percentage of the people using it are illiterate, semi-literate and untrained in what to look for, it simply will not matter.