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Re: WayneC777 post# 24390

Tuesday, 04/20/2010 6:20:45 PM

Tuesday, April 20, 2010 6:20:45 PM

Post# of 29692
Not sure I would believe him. but I sure would believe this offical from the Central Bank of Iraq.

http://www.iraqdirectory.com/DisplayNews.aspx?id=6980
The "trend is the deletion of three zeroes, instead of dealing with monetary issuance of $ 18 trillion dinars, our economy will deal with not more than 15 billion dinars, a mass of different categories to facilitate criticism, circulation and encourages banks to accept cash deposits."

Before you go crazy over the different amount. This was from 2008.

Dow Jones Newswire: A current 25,000 Iraqi dinar banknote will become IQD25, and a dollar will equal only 1.17 dinars.

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