That's not a twist Panhead, it's a statement by the Central Bank Of Iraq.
The twisting is being done by the people that have been claiming for years that we have no way of knowing how many dinar have been bought back.
It's simply not true. The CBI has records for every single auction and every other redemption of dinar, and they report that it's accounted for in their reported numbers.
Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.