Clare  

Article Quote:  “Raising the dollar exchange rate to over 1,500 dinars may not be the last surprise Baghdad has in store. While Iraqi markets have begun adjusting to the new rate, the government, according to informed sources speaking to Al-Mada, is preparing for a more sensitive step: replacing the currency and removing zeros. The sources say the process could begin within a few months, perhaps at the start of next year, but no later than the first quarter of 2027…Replacing the currency could help track down at least $200 billion believed to be held by corrupt individuals.” Clare