[Response to Guru Frank26 9-1-2025 post below] Perplexity AI report “Iraq’s Central Bank has been working on withdrawing excess liquidity, which includes notes with three zeros, from circulation…The bank managed to withdraw about 24.8 trillion Iraqi dinars, representing approximately 70 percent of the excess liquidity from circulation… rather than officially re-denominate the currency by removing zeros. This process involves collecting these higher denomination notes and gradually replacing old worn notes but is distinct from a formal “zero deletion” redenomination.” They collected three zero notes only amount to 70% and not 90% and this is a way to avoid redenomination NOT facilitate it.
