Iraqi Dinar Discussion Board

[Aerospace]

Sorry to say... but what I posted is BAD news.

http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=237500&version=1&template_id=48&parent_id=28
Iraq central bank takes steps to ‘rebase dinar’
BAGHDAD: The Central Bank of Iraq has taken steps to rebase the Iraqi dinar and issue new banknotes, a senior official at the bank has said.
“We have reached a conclusion that we should take off three zeroes from the current Iraqi dinar banknotes,” Mudher Qasim, the bank’s senior advisor, told Dow Jones Newswires in an exclusive interview.
“The process is progressing and we have taken some steps,” Qasim said. “We will issue a decision in due time.”

Notice... REBASE is the term they use for "take three zeros from the banknotes"

The US Treasury is telling Iraq to lop.