Article quote: “…the central bank next year will present another new currency worth 100 000 dinars and then followed the process of deleting the zeros currency in circulation is to be one dinar and 5 dinars and 10 dinars and 25 dinars and 100 dinars…“
Look who is promoting the new currency and valuation now, yes Iraq themselves. Pack your bags and get ready. This is so “IN our faces”. The IMF has told the world that they expect Iraq to re-enter the “market” before the first half of 2016.
Now we have a member of the Parliamentary Finance Committee while speaking about future revenue happen to say “oh, by the way the 1, 5, 10, 20 and 100 IQD notes are going to be distributed during 2016.“
It certainly appears to me that they (Iraq, CBI, GOI) intend to change the value of the IQD…I believe, unlike previous years, and I have never liked dates, but in this case the window of opportunity starts January 1, 2016.
This info is just huge. …the time has come and start preparing for our lives to change.