Iraqi Dinar RUMOR BOARD

[Aerospace]

Removal of 3 zeros from the Iraqi dinar.
That’s a lop… all by itself, nuff said… but

Currency is currently valued at $ 25 thousand dinars will be 25 dinars, while the dollar will equal only 1.17 dinars.
25 thousand dinars will be 25 dinars and dollar will equal 1.17 dinar (1 dinar will equal 85 cents.… pretty clear

This often cuts neutral monetary terms
Yes… MOST people understand this. Monetary Neutral, no gain, no loss… for Iraqis.

Turkey, Russia…
They lopped, why say this is what they did if this is a “Novel Event”

It is noteworthy that the Iraqis gave out 3 months to replace the old dinars in possession of the new dinar
Sound like they might be getting people ready for another 3 month exchange. Might be trouble for foreign cash holders.