Iran 'to ban' defaced banknotes

**Iran’s central bank has said defaced banknotes are to be made invalid, after the appearance of opposition slogans on money, local media report.**They quote bank official Ebrahim Darvishi as saying that people possessing defaced banknotes should exchange them by 8 January.

It was difficult to distinguish genuine defaced notes from fakes, he added.

Messages in support of the opposition have been appearing on banknotes since June’s disputed presidential election.

Hardline President Mahmoud Ahmadinejad was re-elected in the poll - a move that triggered mass street protests by the opposition who claimed the election was rigged.

‘Death to dictator’

“Banknotes on which there are writings or are stamped or have any additional signs will be invalid,” Iran’s Jam-e Jam newspaper quoted Mr Darvishi as saying on Thursday.

The bank official also called on the public and shop owners not accept such notes from 8 January.

Since June’s election, slogans such as “Death to the dictator” have appeared on many Iranian banknotes.

Opposition supporters have also sprayed anti-government graffiti on walls in the capital Tehran and other cities.

Many transactions are carried out in cash in Iran, which is under international banking sanctions and where major credit cards cannot be used.

Sadly,

the current regime in Iran is behaving just like Shah's government in its bad years.

Torture,

Private militias run by the government

Cruel and despicable silencing of the opposition

are all hallmarks of a badly run dictatorship.

Re: Iran 'to ban' defaced banknotes

Actually this is legally valid. The same occurs in the US. Any currency that is defaced or torn is deemed invalid.

:cryb:

""Banknotes on which there are writings or are stamped or have any additional signs will be invalid," Iran's Jam-e Jam newspaper quoted Mr Darvishi as saying on Thursday."

you're right sir but please read the whole entry this seems against the free speech..the slogans even condemning dictator(not by wishing death to him) will be considered invalid as well..however i fail to have an opinion on this since iranians are smart and have a media access plus internet to vent out.

Re: Iran 'to ban' defaced banknotes

Doesn't matter. You write the word hello on a US Dollar note or a Euro note and see which bank accepts that note. Or you color in the bank note. It is legally invalid.

I tried a 5$ note at a grocery shop yesterday and it worked with word hello marked on both sides.. can you point me to some legal reference? I don't doubt what you said though..