Ariel

Iraq’s Currency Reset As The Gateway: Iraq’s Central Bank…has been executing the Deletion of Three Zeros project in coordination with the International Monetary Fund’s Middle East Technical Assistance Center. The mechanics are straightforward on paper. The current 25,000 dinar note gets replaced by a 25 new dinar note with equivalent purchasing power. The exchange rate adjusts from approximately 1,310 IQD per USD to a projected range between 1.00 and 3.22 new IQD per USD depending on which internal CBI projection you access. :Ariel