Iraqi Dinar Discussion Board

[Aerospace]

Yes No Yes No Yes No

Political first : The Central Bank denies the deletion of zeros from currency
(No deletion of zeros.)

BAGHDAD - morning


Iraq's central bank denied the rumors in some media on the intention to delete the three zeros from the dinar at the present time. (No deletion of zeros at this time.) The chancellor said the Bank the appearance of Dr. Mohamed Saleh to the editor of "Al-Sabah economic":



The Central Bank is proceeding with the development strategy for the reform of management system of currency and payment system, stressing that the current will not see a raise zeros from the national currency, (current, not raise zeros) but Bank is to examine procedures that facilitate the implementation of this mechanism does not affect the stability of the market. (wait, what, bank will examine implementation of this mechanism)

Saleh disclosed that the central bank will announce on this procedure before time to give citizens the opportunity to organize their situation before the operation, (they will announce before the operation, so it will happen??) adding that such measures will depend on the extent to which security and economic stability. and most likely that the parties embark on speculative currency and prices are behind the firing of such rumors and promoted in the media.
LOL... the rumors are coming from Saleh. He was the one quoted in the media as saying it will happen before the end of the year.