Kaperoni

Question:  “The redenomination talk keeps popping up; issuing new notes without the three zeros.  Which as you have already commented; ‘is a neutral event’ …If Iraq did actually do this, when would make more sense, before or after forex float (or doesn’t matter).”  I think they talk about it periodically but I don’t think there’s any chance that they will ever
redenominate.  It doesn’t reflect the countries economic success that would come from the actual growth of the currency over time based on success and GDP.