Arbil: Iraq exchanges with new currency

The new notes was flown into the country after being printed in England. The new notes will be in units of 50 250, 5000, 10.000, 25.000. Iraqis will be able to exchange the old currency for new banknotes in bank branches listed by US forces. Since early hours of the day formed long lines could be seen before the branch of banks to exchage with the new note, "dollaro". Ethem Kerim, an official of Arbil Central Bank, told that
the real reason to exchange with the Saddam dinnar was to reduce large amounts of false money. Kerim added false banknotes would be destroyed under
control of US troops once a week.