Mnt Goat   [Post 1 of 2]

My CBI contact has told me that if the switch over of the currency, better known as the Project to Delete the Zeros, was not connected with a revaluation, then Iraq would have completed it a very long time ago.  They would not have to wait.  It does not take a rocket scientists to see that a one dinar note etc., etc. would be worthless without a revaluation to coincide…we can now see why they delay in doing the Project to Delete the Zeros…  when will this next move occur…So, we are coming very close to the switch over from the currency auctions to the international process of currency exchanges to operate in Iraq.