Delta

Translation: “General Manager of the Financial Operation of the Central Bank of Iraq Interview” – the 25,000 Dinar is gonna become a 25 dinar but not how you think.  It’s not a LOP…the goal behind that is to fix the accounting…basically the payment system…if you have a 25,000 dinar note you’re still going to get 25,000 dinar lower denominations…the CBI is confirming to everybody they are moving forward…when you lift the 3 zeros every 100 dollar is going to be 120 dinars.  So that’s about 85 cents.  The guy {Interviewer] asked does the CBI have the infrastructure ready for this process and this guy [General Manager] said yes everything is ready for this project to move forward.

    |   Category: Delta