Article: “Will the the federal government Remove Three Zeros from the Iraqi dinar?” The perception of that goes two directions: You have what’s going to happen inside Iraq and outside of Iraq…They say in the article two currencies will exist together at the same value. A 25,000 note and a 25 note existing together at the same value. If the value of [a dinar] against the dollar is $3.00…The multiplier is three because it’s a $3.00 value. 25,000 becomes $75,000. 25 becomes $75. That’s outside Iraq. Inside Iraq…you have what dinar could purchase before the rate change and what dinar could purchase after the rate changes. Before the rate change a 25,000 dinar note could buy a bag of groceries. After the rate change, the 25 note could buy that same bag of groceries…This article is telling you a redenomination is going to occur…in country, not outside the country… :Jeff
