2 Days
Source:
اليوم السابع
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Source: اليوم السابع
2 Daysاليوم السابع
Source: اليوم السابع
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The Central Bank and Banking System Law grants the Central Bank the exclusive right to issue and withdraw currency. Its Board of Directors determines the denominations and specifications, and banknotes must bear the Governor’s signature. Article 59 prohibits other entities from issuing notes or coins resembling currency, and also prohibits insulting, defacing, damaging, or writing on currency. Currency issued by the Central Bank has unlimited legal-tender status and is backed by gold, foreign currencies, securities, and bonds, whose assets are held by the Central Bank or authorized banking institutions.
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